GOVERNMENT
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Romania Wants To Raise Oil, Gas Royalties Earlier Than 2015
Romania’s government wants to increase the royalty rates levied on natural gas and oil producers earlier than the 2015 deadline agreed with Austria’s OMV nine years ago, when the latter boug...
Romania To Annul Public-Private Partnership Law, Promote New Law Under Emergency
The Romanian Government will annul the current Law on the public-private partnership, following criticism from the European Commission and the business environment representatives, aiming to...
Local Authorities Must Cut Arrears By 85% In Two Months - Draft
Romanian local governments that register arrears at the end of January 2013 will be obliged to reduce them by at least 85% in two months, otherwise the state treasury will limit payments fro...
Government To Make Sure City Halls With Arrears Will Raise Local Taxes By 16%
Romania’s Government will make sure city halls that register arrears will increase local taxes by 16% to avoid amassing new debts, reads the country’s latest letter of intent to a loan agree...
Romania To Introduce Copayment For Healthcare Services Starting March
Romania will introduce copayment in the healthcare sector starting March and patients will pay a modest fixed amount depending on services provided, excluding emergency services, according t...
Romania Delays State-Owned Companies' Sale Calendar; Pledges To Continue Reforms
Romania will launch an initial public offering of 15% in state-owned natural gas producer Romgaz by the end of October 2013, seven months later than initially planned, according to the count...
Hospital Managers To Be Replaced If They Fail To Rein In Arrears
Romania will amend the contracts of hospital managers so that they can be replaced following quarterly evaluations, if the hospital registers arrears for three consecutive months, according...
Romania To Sell Majority Stake In CFR Marfa By Mid-May
Romania’s government has pledged to sell a majority stake in state-run freight rail company CFR Marfa by mid-May, with the deal to be complete once “all conditions in the sale-purchase agree...
The Real Governing Program: When Inflated Expectations Clash With Reality
The revised fiscal-budgetary strategy for 2013-2015 can be considered a new governing program of the Ponta 2 Government and one closer to reality. Future policies will most likely be built a...