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Romania Raises CFR Marfa Sale Advertising Budget By RON2.5M
Companies

Romania Raises CFR Marfa Sale Advertising Budget By RON2.5M

Romania’s government has raised the advertising budget for the sale of railway freight carrier CFR Marfa to RON2.55 million from a previous RON50,000, hoping to attract a large number of pro...

Oana Gavrila · 23.04.2013 · 17:07 · 1 min
New Government Representatives Officially Appointed To Petrom Supervisory Board
Energy

New Government Representatives Officially Appointed To Petrom Supervisory Board

The new representatives of the government to the supervisory board of oil company OMV Petrom (SNP.RO) have been officially confirmed by shareholders Monday.

Tudor Ioana Raluca · 23.04.2013 · 09:21 · 2 min
Romania Forgoes Deadline For Euro Adoption - Sources
Macroeconomics

Romania Forgoes Deadline For Euro Adoption - Sources

The new convergence program Romania’s government will send to the European Commission will not state a deadline for the euro adoption, people familiar with the matter told Mediafax Wednesday...

Ioana Tudor · 17.04.2013 · 14:39 · 1 min
Social/Politics

Romania Allots RON425M For EU Funded Project Payments

The Romanian Government Tuesday allotted 425.1 million lei (EUR97 million) from privatization money for payments to beneficiaries of EU financing through four operational programs.

Ioana Tudor · 16.04.2013 · 18:34 · 1 min
Government Adopts Decree On Protection Measures For Laid-Off Employees
Social/Politics

Government Adopts Decree On Protection Measures For Laid-Off Employees

Romania’s Government adopted Tuesday an emergency decree containing social protection measures for employees affected by the restructuring of state-owned companies, Economy Minister Varujan...

Oana Gavrila · 16.04.2013 · 17:28 · 1 min
Property Restitution In Romania Fueled Real Estate Mafia Instead Of Making Historical Reparations
Real Estate

Property Restitution In Romania Fueled Real Estate Mafia Instead Of Making Historical Reparations

Romania’s Government considers the restitution of property nationalized under the communist regime has degenerated into a major real estate deal from the historical reparation it was suppose...

Oana Gavrila · 12.04.2013 · 13:41 · 1 min
Social/Politics

Government To Seek Confidence Vote On Property Restitution Bill Wednesday

Romania’s Government will seek a confidence vote in Parliament next Wednesday on a new bill regulating the restitution of property nationalized by the former communist regime.

Oana Gavrila · 11.04.2013 · 14:53 · 1 min
Romania Scraps Management Authorities Within Ministries
Social/Politics

Romania Scraps Management Authorities Within Ministries

The Romanian Government has decided Wednesday to disband most management authorities operating within ministries and the Ministry for European Funds will remain the management authority for...

Ecaterina Craciun · 10.04.2013 · 20:29 · 1 min
Local Authorities To Receive State Budget Funds Via New Program
Social/Politics

Local Authorities To Receive State Budget Funds Via New Program

Local authorities in Romania will receive money from the state budget through a new program called the National Program for Local Development, which will be run solely by the Ministry of Reg...

Ecaterina Craciun · 10.04.2013 · 19:56 · 1 min