GOVERNMENT
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Government To Permit Derogation From Purchase Restrictions Imposed On State Companies
The Romanian Government will permit derogation from norms forbidding state-owned companies to buy cars, furniture and office equipment, to let state-run lender CEC Bank modernize its subsidi...
Government Considers Charging Car Pollution Tax Upon First Sale
Romania's Government is considering charging the pollution tax upon the first sale of cars imported before July 1, 2008, but in an amount reduced by 30%, and refunding part of the tax alread...
Self-Employed Romanians May Hire Other People As Workers
Self-employed Romanians will be allowed to hire other people for their activity, with employment contracts, as per a new government emergency ordinance.
Romania To Set Up Coast Guard
Romania's Government on Wednesday approved the creation of the Coast Guard, which will operate in the Black Sea, on the Danube and in the Delta.
Romania To Amend Car Pollution Tax Again, Following CJEU Ruling
Romania's Government has decided to amend the car pollution tax again in a few weeks, after the Court of Justice of the European Union (CJEU) judged it in violation of community legislation.
Central Depository Resumes Proprietatea Fund Share Conversion
Romanian Central Depository Tuesday resumed the conversion of compensation rights into shares in restitution fund Fondul Proprietatea, after a de-facto suspension of over four months.
Romania To Introduce Ethical Codes In Pension Fund Management
Romania's Government will issue "ethical codes" applying to private pension fund management, in an effort to improve public confidence in fund administrators and ensure that contributors' mo...
Nobody Knows Exactly When First Home Will Resume
The time when the "First Home" scheme will be resumed, with the state only guaranteeing for 50% of the amount granted as part of the mortgage loan scheme, is still unknown even after the Fin...
Ruling Coalition May Discuss Replacing PM - Sources
Romania’s ruling coalition will hold a meeting Tuesday and might discuss whether to replace Emil Boc as prime minister following his reelection as head of the ruling Democratic Liberal Party...