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GOVERNMENT

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PM: Tax Evasion In Agriculture Is Sometimes Means Of Survival
Social/Politics

PM: Tax Evasion In Agriculture Is Sometimes Means Of Survival

A lower sales tax on bread constitutes a basis for a lower tax on other products, such as organically farmed products, meat, fruit and vegetables and tax evasion in agriculture is sometimes...

Oana Gavrila · 08.10.2014 · 13:00 · 1 min
Government Strategy Sees SME Numbers Rising By Nearly 200,000 By 2020
Banks-Insurance

Government Strategy Sees SME Numbers Rising By Nearly 200,000 By 2020

Romania's government strategy for the development of small and medium-sized businesses (SMEs) sees the number of SMEs growing by 200,000 by 2020, from 474,000 active SMEs at present.

Oana Gavrila · 07.10.2014 · 16:39 · 1 min
Social/Politics

Labor, Administration, Defense Ministries To Get Extra Money At Second Budget Revision

The Ministries of Labor, Public Administration, Defense, Justice, Interior and Foreign Affairs will get extra money at the second budget revision, while funds will be cut from Health, Agricu...

Gabriela Stan · 28.09.2014 · 12:32 · 1 min
Social/Politics

Romanian Cabinet Survives No-Confidence Vote

Romania's Cabinet run by Prime Minister Victor Ponta survived a no-confidence vote in Parliament on Monday, following a motion pushed by the opposition Christian Liberal Alliance.

Oana Gavrila · 23.09.2014 · 08:48 · 1 min
Government Postpones Gas Price Hike For Household Consumers
Social/Politics

Government Postpones Gas Price Hike For Household Consumers

Romanian government postponed Monday the gas price increase for household consumers, a measure set for October, by a decision which also stipulates the renegotiation of the calendar on elimi...

Gabriela Stan · 22.09.2014 · 15:28 · 1 min
Companies

Government Launches State Aid Scheme To Benefit 150 Companies By 2020

The Romanian government will launch a state aid scheme for businesses, valid until 2020, with a total budget of RON2.7 billion (EUR600 million) to finance tangible and intangible asset costs...

Oana Gavrila · 10.09.2014 · 14:55 · 1 min
Romania Ups Ceiling For Additional Payments For Organic Farming To EUR7M
Social/Politics

Romania Ups Ceiling For Additional Payments For Organic Farming To EUR7M

The Romanian Government on Thursday approved a decision raising the maximum ceiling allocated for additional payments for ecological farming in 2014 to EUR7 million from the current EUR3 mil...

Ecaterina Craciun · 04.09.2014 · 17:05 · 1 min
State Companies Allowed To Transfer Assets To Other State Firms To Reduce Arrears
Companies

State Companies Allowed To Transfer Assets To Other State Firms To Reduce Arrears

Romanian companies majority owned by the state, including their subsidiaries, will be allowed to transfer assets, through direct negotiation, to other firms majority held by the state, in a...

Ecaterina Craciun · 22.08.2014 · 13:22 · 1 min
EXCLUSIVE: Romania To Hike Apartment Tax, Cut Tax On Large Homes
Real Estate

EXCLUSIVE: Romania To Hike Apartment Tax, Cut Tax On Large Homes

The tax on apartments located in buildings more than three stories high, which include eight housing units, and on dwellings located in old buildings more than 30-50 years old will see a sli...

Ecaterina Craciun · 28.07.2014 · 18:05 · 1 min