GOVERNMENT
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Draft Budget: Romania To Hike Staff Spending, Cut Capital Expenses In 2013
Romania will increase staff expenses by 1.8 billion lei (EUR0.4 billion) next year to restore public wages, after they were cut by 25% in 2010, while capital expenses will be reduced by RON1...
Romania To Raise Diesel Fuel Duties To EUR391/Ton Next Year
Romania will increase excise duties on diesel fuels to EUR391 per ton from EUR374/ton on January 1, 2013.
Businesspeople Ask For Simplification Of Government Structure Instead Of More Ministries
Instead of simplifying the administrative apparatus as it had promised to do, the ruling coalition wants to create new ministries.
Unifarm To Hike Share Capital By Up To EUR1M To Buy Oncologic Drugs
Romania’s Unifarm will increase its share capital by up to EUR1 million in order to purchase oncologic drugs in a special regime, Health Minister Raed Arafat said Wednesday.
Government Extends Validity Of City Development Plans
Romania’s Government on Wednesday extended the validity of urban development plans from two to three years.
Romania OKs Higher Local Taxes, Duties By Up To 16.05% In 2013
The Romanian Government approved in Wednesday meeting an increase of local taxes and duties by up to 16.05% in 2013.
Romania Extends Deadline To Increase Education Budget To 6% Of GDP
Romania’s Government will postpone until January 1, 2014 the application of a measure whereby allocations to education will increase to at least 6% of the gross domestic product.
Romania To Cap All Public Staff Spending Next Year Except In Healthcare, Education
Staff spending will be capped next year in all state institutions, except in education and healthcare, Prime Minister Victor Ponta said Wednesday.
Romania Aims To Set Up Financial Supervisory Authority By Mid-March
Romanian Premier Victor Ponta said Tuesday the draft emergency ordinance on setting up the Financial Supervisory Authority ASF will be presented Wednesday in Government meeting and will rema...