GOVERNMENT
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Romania Hikes Royalty Rates For Natural Resources
Romanian Prime Minister Victor Ponta on Monday said the government will increase the royalty rates levied on mineral resources other than natural gas and oil in a move to boost revenues to t...
Romania Pledges To Select Private Managers At Hidroelectrica By End-November
Romania will select private managers at state-run hydropower producer Hidroelectrica by the end of November, Finance Minister Daniel Chitoiu said Monday.
Ponta Says All Pensions Will Be Raised By 3.76% In 2014
Romanian Prime Minister Victor Ponta Monday said all pensions will be increased by 3.76% in 2014.
Romania To Raise Minimum Gross Wage To RON900 In Two Stages In 2014
Romania will increase the minimum gross wage in two stages in 2014, namely, from the current 800 lei (EUR180) to RON850 starting January 1, 2014, and to RON900 starting July 1, 2014.
PM: Social Contributions To Be Cut By 5 Pct As Of 2H/2014 If Government Finds Resources
Romania will reduce social security contributions by 5 percentage points in the second half of 2014 if the Government finds by July 1 the financial resources needed to offset the measure's i...
Romania, IMF Agree On Raising Wages For Resident Doctors, Novice Teachers In 2014
Romania’s government and the International Monetary Fund agreed on increasing the wage fund for resident physicians and teachers at the beginning of their career by 3% to 4% in 2014, people...
Romania, IMF Agree On Main Economic Indicators For 2014 - Sources
Romania and the International Monetary Fund have reached an agreement regarding the country’s main macroeconomic indicators for 2014, including an estimated economic growth of 2.1% and a bud...
Romania Got Just 25-30% Of Estimated Revenue From Additional Tax On Gas Producers
Romania has collected only 25-30% of what it estimated at the beginning of the year it would get from companies gaining additional revenue from the liberalization of gas prices, Finance Mini...
Romania Extends Property Tax To Cover Parking Lots, Swimming Pools
Romania’s government has extended the property tax pool, as per agreement with the international Monetary Fund, to include previously exempted types of properties such as parking lots and sw...