GOVERNMENT
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Romania Aims To Create New Structure For Administration Of State's Private Property
Romania’s new Government wants to set up a new structure for the administration of the state’s private property, to allow for the elaboration of a legislative framework needed to get the cou...
Firms Employing People Aged Over 45 Or Under 25 To Get Incentives
Companies in Romania that hire people aged under 25 or over 45 will be exempted from paying social security contributions for the latter for one year provided they keep them employed for one...
New Cabinet To Endorse Pension System Based On Individual Savings Accounts
Romania’s new Ponta III Cabinet pledges to support the development of a durable pension system based on individual savings accounts, according to the new governing program.
Government Mulls Broadening Tax Base, Progressive Taxation, VAT Cut
The new government program stipulates the broadening of the tax base, lower VAT for basic food products, the return to 19% VAT and lowering of social security contributions, if allowed by th...
PM: Government To Seek Confidence Vote On New Political Program
Romania’s Prime Minister Victor Ponta said the new Government will seek a confidence vote in Parliament on a new political program that brings changes to the governing program.
Romania’s New Government Wins Confidence Vote
Romania’s new Government, led by Prime Minister Victor Ponta, received a confidence vote in Parliament Tuesday.
PM Ponta Presents List Of Minister Nominees
Romanian Prime Minister Victor Ponta on Monday presented the list of minister nominees for the new government.
Ponta Says Tax System Will Remain Unchanged This Year
The Romanian government has no plans to introduce a solidarity tax or progressive income taxes this year following the liberals' withdrawal from the ruling coalition, Prime Minister Victor P...
ING: Socialist-led Government Might Be Prone To Fiscal Experiments
A Socialist-led government following the withdrawal of the Liberal Party from the Romanian ruling coalition could be prone to fiscal experiments, endangering the country’s loan programs with...