GOVERNMENT
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Romania Allots RON105M For Closure Of Uncompetitive Coal Mines In Jiu Valley
The Romanian Government has assigned over RON105 million to facilitate the closure of uncompetitive coal mines within state-run mine closing company Societatea Nationala de Inchideri Mine Va...
Romania To Introduce Private Management At Ten Other State Companies
The Romanian government will draft a list of at least ten state-run companies that will get corporate management and it will also improve the selection process, government spokesperson Dan S...
Romania Puts Off Enforcement Of Personal Insolvency Law Until December 2016
The Romanian Government on Wednesday adopted an emergency ordinance putting off the enforcement of the personal bankruptcy law until December 2016, said the Executive spokesperson Dan Suciu.
Romanian Cabinet Approves 2016 State Budget Plan
Romania's government on Wednesday approved the state budget plan for next year, which targets a budget deficit of 2.8% of gross domestic product and considers an economic growth projection o...
Dumitru, Fiscal Council: Government Should Focus On Few, Clearly Communicated Projects
The new government, with a one-year mandate, should focus on few, clear projects, mainly on increasing tax collection, which would be clearly communicated, an on increasing transparency and...
Romanian Technocratic Cabinet Secures Parliament Confidence Vote
Romanian Prime Minister-designate Dacian Ciolos' proposed Cabinet of technocrats secured a confidence vote in Parliament Tuesday for a limited one-year term, until the country holds a genera...
Romanian Government To Support Investments In Defense Companies
The Romanian government will support investments in defense companies so that they would resume the manufacturing of the products necessary to the National Defense, Public Order, And Nationa...
Romania Revises 2015 Budget, Keeps Deficit Target at 1.85% of GDP
Romania's government on Friday approved this year's second budget revision, cutting funding for infrastructure and raising the health care budget to cover wage hikes, while keeping the defic...
Romanian Government Approves EUR150M Loan Agreement To Moldova
The Romanian government approved Wednesday the agreement whereby Romania will grant a loan worth EUR150 million to the Republic of Moldova.