GOVERNMENT
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Health Ministry’s Budget Raised by RON6.2M For Stem Cell Donors Registry
The budget of the Romanian Health Ministry has been raised by 6.2 million lei (EUR1=RON4.0858) and its staff numbers by 24 people to ensure the functioning of the country’s stem cell donors...
Romania To Subsidize Electric, Hybrid Car Purchases
Romania's Government will encourage the purchase of electric and hybrid cars with price discounts of 20% and 10%, respectively (up to EUR3,700 or EUR1,800, respectively), Environment Ministe...
Government Says Romania Might Be Affected By New Recession, Caused By Japan Quake
Economic recovery is difficult and overdue, while the effects of the earthquake in Japan raise new concerns about the global recession that can affect Romania, given the "climate of psychosi...
Romania Expects RON8.8B Revenue From Stricter Fiscal Inspections
Romania's Government expects to collect 8.8 billion lei (EUR1=RON4.0966) over the next three years from stricter controls on "high fiscal risk taxpayers" plus RON160 million from taxes on hi...
Romania To Cut Social Contributions, Keep Flat Tax, VAT Unchanged Until 2014
The Romanian Government will reduce social security contributions by two percentage points in the second half of 2011 and will keep the flat tax and the value added tax unchanged in the next...
Government Considers Paying Court-Won Wage Rights In Smaller Tranches
The Romanian Government considers reducing the tranche to be paid next year to public sector employees who won salary rights in court to 5% from 34%, according to a draft fiscal strategy for...
Romania To Resize Mining Lots In Investor Wooing Bid
The Romanian government will resize the local mining perimeters available for exploration lease, focusing on output optimization, in a bid to render production costs more attractive for inve...