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GOVERNMENT

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Banks-Insurance

Ruling Coalition Agrees On Keeping High Taxes On Multiple Homes Into Next Year

Romania’s ruling coalition on Monday approved a proposition to keep the higher taxes paid by owners of two or more buildings into 2012, after a law approved by the Parliament limited their a...

Ioana Tudor · 29.08.2011 · 12:56 · 1 min
Social/Politics

Boc Asks To Be Kept Up To Date On Projects In Partnership With China

Romanian Prime Minister Emil Boc has asked the ministries to each appoint "a liaison," who is to report regularly on the progress of the five public-private partnership projects pitched to i...

Radu Bostan · 25.08.2011 · 12:42 · 1 min
Social/Politics

Cow Milk Producers May Apply For Subsidies Until September 20

Romanian cattle milk producers in disadvantaged areas may apply for subsidies until September 20, each year, and the authorities will verify the data provided by the applicants by November 3...

Radu Bostan · 25.08.2011 · 11:03 · 1 min
Energy

Romania Sets Up Emergency Oil Stocks To Avoid EU Penalties

Romanian government Wednesday approved an ordinance to set up the mandatory stocks of crude oil and petroleum products required in order to avoid infringement proceedings from the European C...

Florentina Dragu · 25.08.2011 · 09:35 · 1 min
Mortgage No Longer Required For Building Consolidation Projects
Real Estate

Mortgage No Longer Required For Building Consolidation Projects

Romania's Government has eliminated the requirement of securing a mortgage on a building consolidated to withstand earthquakes, which the state used to ensure that owners will refund the cos...

Radu Bostan · 25.08.2011 · 09:16 · 1 min
Social/Politics

Government To Grant Guarantees, Subsidies For Balcony Repair Projects

Romania will provide government guarantees and will subsidize the interest of loans taken to repair or close balconies, as long as the interested homeowners' association is not more than two...

Radu Bostan · 25.08.2011 · 08:47 · 1 min
Social/Politics

ER Doctors Fined If They Refuse To Treat Critical Patients

Emergency room doctors who refuse to provide care to a patient in critical condition may be fined between 2,000 and 15,000 lei (EUR470-3530), depending on the consequences, Romania's Governm...

Radu Bostan · 24.08.2011 · 20:41 · 1 min
Social/Politics

Boc Asks Ministries Outside Fiscal Strategy For 2012 Expense Estimates

Romanian Prime Minister Emil Boc on Wednesday asked the ministries not included in the 2012-2014 fiscal strategy to present their own expense estimates for 2012, which will be used in drafti...

Radu Bostan · 24.08.2011 · 20:12 · 1 min
Social/Politics

Boc: Government Will Adopt Clawback Tax, Allot RON150M For Healthcare Next Week

Romanian Prime Minister Emil Boc on Wednesday asked the new Health Minister, Ladislau Ritli, to present a bill on the clawback tax next week and complete the C2 list of generic drugs, after...

Radu Bostan · 24.08.2011 · 17:14 · 1 min