GOVERNMENT
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Entrepreneur Raul Ciurtin: Govt Should Make Compensation For Furloughed Employees Simpler And Faster
Entrepreneur Radu Ciurtin, one of the best-known entrepreneurs in Romania’s food industry and the man who took dairy business Albalact to more than EUR100 million revenue and then sold it to...
Business Sector On Govt Steps To Support Economy Through Coronavirus Crisis: Good But Not Enough
Three days after the state of emergency came into force in Romania, the government on Thursday announced the first legislative steps it took in terms of taxation to deal with the wave hittin...
Romanian Government Gets RON502M in Back Dividends from Enel
Romania's government has recovered RON502 million in dividends owed for its minority stakes in three companies owned by Italian utility group Enel.
Romania's Government Dismissed in No-Confidence Vote
Romania's liberal government was dismissed Wednesday in a no-confidence vote after it took responsibility for changing election legislation for the country's upcoming local elections.
Govt Allocates EUR325M for State Aid Investments in 2020
The government has allocated EUR325 million for state aid investments via the 807/2014 scheme in 2020. The annual budget the Finance Ministry had set for the scheme was EUR145 milion, accord...
Romania Approves RON195M Financial Aid For Tarom
The Romanian Government has decided in its Thursday meeting that state-owned airline Tarom will receive financial aid of RON195 million from the State Treasury, according to Ionel Danca, hea...
Government to Postpone Bill Doubling Child Allowances
Romanian Prime Minister Ludovic Orban announced on Friday that the government will postpone the coming into force of a law that woudl double child allowances until it finds the financial res...
Romanian President Signs 2020 Budget Bill into Law
Romanian President Klaus Iohannis signed on Monday a decree enacting the country’s 2020 budget law, according to the Presidential Administration.
Romanian Government Takes Responsibility for 2020 State Budget Bill
Romania's Government on Monday took responsibility before parliament to fast-track the adoption of the 2020 state budget bill.