GOVERNMENT
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Government Seeks To Tax Compensations Of Owners Of Nationalized Property
Romania’s national property restitution authority ANRP and the Finance Ministry are looking into a taxation system to levy taxes on former owners of nationalized property whose government-aw...
Romania To Cover Financial Corrections On Public Purchase Auctions From Budget Funds
The Romanian Government Wednesday decided that financial corrections applicable on awarding public procurement contracts will be covered from state budget funds.
Government To Revise Budget End-July, Lower VAT On Bread Likely In September
Romania’s Government will operate this year’s first budget revision at the end of July and hopes enough funds will be saved to allow the lowering of VAT on bread as of September, Prime Minis...
ArcelorMittal Seeks Extension On Environmental Obligations, Tax Exemptions, Lower Energy Costs
Steelmaker ArcelorMittal has asked the government for an extension on some of its commitments undertaken in the privatization contracts for its plants in Galati and Hunedoara and exemptions...
Government To Notify Prosecutors Of Irregularities In Awarding National Healthcare Card Contract
Romania’s Government will notify anticorruption prosecutors of irregularities in awarding the contract for national healthcare cards by former National Health Insurance House (CNAS) presiden...
Ponta: Negotiations On Rosia Montana Gold Mining Project To Be Finished By September
Negotiations regarding the Rosia Montana gold mining project will be completed by September and works will start if the Parliament approves the bill the Government will put forward, Romanian...
Romania Wants To Attract At Least EUR10B In Investments By Yearend
The Romanian Government plans to attract investments of “at least EUR10 billion” by the end of the year, in the sectors of energy, mineral resources, agriculture, industry and infrastructure...
Government Says Won’t Hire Foreign Consulting Firm To Draw Up New Public Sector Wage Bill
The Romanian Government has rejected the Labor Ministry’s proposition to hire an international consulting firm in view of drafting the new bill regulating public sector wages in 2014, accord...
Bucharest Airport Company Allowed To Hire 35 New Employees, Increase Wage Costs
The Bucharest National Airport Company (CNAB) has received the Romanian government’s approval to hire 35 new people and increase its employee expenses by more than 5.3 million lei (EUR1.2 mi...