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GOVERNMENT

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Automotive

Romania, Bechtel Negotiate New Deadline For Transylvania Highway - Sources

Romania's Transport Ministry and public road authority CNADNR have begun negotiations with Bechtel on a new calendar for the construction of the Transylvania Highway, with new deadlines past...

Radu Bostan · 01.05.2011 · 14:15 · 1 min
Companies

Government Approves Projects To Be Carried Out In Public-Private Partnership

The Romanian Government on Wednesday approved a list of 18 public investment projects to be carried out under public-private partnership (PPP).

ZF English · 27.04.2011 · 18:26 · 1 min
Banks-Insurance

Eurostat Team Visits Romania For Talks On 2010 Deficit

A team of European Union’s statistical arm Eurostat will arrive in Bucharest at the end of the month to hold talks on the country’s budget for 2010, a Finance Ministry official said Wednesda...

Florentina Dragu · 27.04.2011 · 15:37 · 1 min
Banks-Insurance

Romania To Set Up Investment Fund For Profitable SMEs With Cash Problems

Romania's Government will create an investment fund, fed by the National SME Loan Guarantee Fund, the Romanian Counterguarantee Fund and Eximbank, to finance profitable SMEs with temporary c...

Radu Bostan · 26.04.2011 · 16:18 · 1 min
Romania To Set New Euro Adoption Target By End-April - PM
Macroeconomics

Romania To Set New Euro Adoption Target By End-April - PM

Romania’s Government will decide on a new euro-adoption calendar by end-April, after talks with the president and the central bank, Prime Minister Emil Boc said Tuesday.

ZF English · 26.04.2011 · 12:08 · 1 min
Social/Politics

Amended Romanian Public-Private Law Punishes Tender Contestation Losers

Companies will no longer have to provide a 2% guarantee in order to contest a Romanian tender for a public-private partnership contract, but a guarantee of 1% of the contract's estimated val...

Radu Bostan · 22.04.2011 · 16:46 · 1 min
Macroeconomics

Romanian FDI Seen Rising To EUR5.8B In 2014

The Romanian government estimates foreign direct investments will increase to EUR5.8 billion in 2014, from EUR3.6 billion predicted for this year, according to the draft convergence program...

Florentina Dragu · 21.04.2011 · 17:10 · 1 min
Analysis

Tax Increases Could Shadow Romania Private Consumption Recovery

Romanian private consumption is set to pick up in the coming period, following sharp reductions in the previous years, but recovery could lag behind due to possible tax increases and higher...

Florentina Dragu · 21.04.2011 · 16:37 · 1 min
Social/Politics

Romania Amends Law On Public-Private Partnership - Sources

The Romanian Government amended the law on public-private partnerships (PPP), after the European Commission warned Romanian authorities that the normative act breaches EU legislation, people...

Ioana Tudor · 20.04.2011 · 15:34 · 1 min