GOVERNMENT
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Romania Amends Tax Code To Give Mayors Carte Blanche On Tax Increase
The Romanian Government will approve an emergency ordinance amending the Tax Code, which allows mayors to decide whether to increase local taxes and duties by indexing with the inflation rat...
Government Postpones Until 2014 Funding Measures Required Under Education Law
Romania’s Government has postponed for a year, until end-2013, the granting of social coupons for the education of preschoolers in low income families and the granting of EUR500 for each new...
Romanian PM Victor Ponta Announces Minister Nominees
Romania’s Prime Minister Victor Ponta on Wednesday afternoon presented the list of minister nominees.
Ponta II Government Has EUR13 Billion To Repay In Four Years
The Ponta II Government will be faced with the repayment of the bulk of the record EUR19 billion loan that Romania took out from foreign lenders. The loan was approved in 2009 during the Dem...
"First Home" Program To Continue Next Year With Unused 2012 State Guarantees
The Romanian state supported “First Home” program will continue next with the state guarantees that were not used in 2012, according to a decision approved by the Government Tuesday.
Romania Amends Norms On Home Exchange Through “First Home” Program
Romanians who bought a home through the state supported “First Home” program from sellers other than real estate developers may use the scheme again to exchange the dwelling for another one,...
Romania Delays Again Key Privatizations; Timeframe Moved To December 2013
Romania’s government has extended by yet another year the deadline by which it plans to sell minority stakes in key state-run companies, according to a draft executive decision approved Tues...
Romania Sets Up Financial Supervisory Authority
Romania’s Government on Tuesday approved a draft emergency ordinance setting up the Financial Supervisory Authority (ASF), Prime Minister Victor Ponta said Tuesday.
Ponta: Romania To Send The EC Discount Requests For POSDRU On Friday, Monday
The Romanian Government will send the European Commission EC, on Friday and Monday, two series of discount requests for the Operational Program for Human Resource Development (POSDRU), the p...