GOVERNMENT
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Government To Collect Highest Dividends From Listed Companies: RON1.57B
Romania's government via the Finance Ministry will get more than 1.57 billion lei (EUR351 million) in dividends from listed companies this year, more than one third of the total dividends pa...
Romanian Government Approves Bill Making Prepaid Mobile Phone Cards Traceable
Romanian prepaid mobile phone card users will have to register their ID with their mobile operator or their service would be suspended and people buying prepaid SIM cards will have to presen...
Government Approves Day Off On May 2
Romania's government has approved a decision declaring May 2 a day off for employees in the public sector, people close to the matter told MEDIAFAX.
Romanian Wind Industry Under Attack By Government, Says RWEA
The Romanian Wind Energy Association, or RWEA, on Thursday accused the government of “brutally attacking” local wind power producers, saying the latest amendments to the renewable energy law...
Ponta Opts For Lower VAT On Vegetables And Fruit
Prime Minister Victor Ponta said he would rather have the sales tax lowered to 9% for fruit and vegetables, because this sector is highly prone to tax evasion and unfair competition between...
Romania's Return To 19% VAT Conditioned By Over 3% GDP Growth, PM Says
Prime Minister Victor Ponta said Romania can return to a 19% sales tax provided its economy keeps last year’s growth rate of over 3%.
EXCLUSIVE: Romania Pledges To Start Checkups At Companies In Second Half Of 2014
The Romanian Government has pledged in its latest letter of intent to a EUR4 billion loan program with the International Monetary Fund and the European Union to start a series of checkups at...
Romania Still Hopes To List Hidroelectrica By End-June 2014
Romania’s Government is hoping hydropower producer Hidroelectrica will exit insolvency quickly in order to sell 15% in the company within the initial deadline set for the end of June 2014, a...
Government Amends CFR Marfa Privatization Program
The new government program stipulates the revival of Romanian freight railway carrier CFR Marfa by a professional, profit-oriented management and the capitalization of its potential, and the...