GOVERNMENT
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Basescu To Start Consultations On New PM After Elections Results Published In OJ
Romanian President Traian Basescu will convene the Parliament and will announce the calendar of discussions on designating the country’s new prime minister after the results of parliamentary...
Erste: Leu Could Weaken Beyond 4.6 Vs Euro If Govt Formation Stalls
The Romanian leu could weaken beyond the 4.6-unit threshold against the euro if a government is not formed soon, Austria’s Erste Group Bank AG said in a report Monday.
Romania Plans Single Authority To Oversee Financial Institutions
Romania’s government plans to dismantle a series of regulatory authorities in the financial sector and set up a single decision-making institution, called the Financial Supervisory Authority...
Romania Pays Out RON7.4B In Public Investment Funds In Jan-Sept, Below Estimates
Romania disbursed 7.4 billion lei (EUR1.6 billion) in the first nine months of the year in funds earmarked for public investment projects, some 51% of the sum stated in the country’s public...
EC To Discuss Romania, Bulgaria's Schengen Entry Wednesday
The European Commission will discuss Wednesday, December 5, whether the decision regarding Romania and Bulgaria’s accession to border-free Schengen Area will be delayed until March 2013, Rom...
Government Lowers Cap On Refundable Financing Local Authorities May Contract In 2013-2015
Romania’s Government on Tuesday lowered the cap on annual reimbursable financing local authorities may contract between 2013 and 2015 to stay within the consolidated budget deficit target.
State Budget To Be Sent To Parliament For Approval By November 15 - Bill
Romania’s Government wants to extend by a month the deadline by which the annual state budget must be sent to the Parliament for approval.
Romania To Lend 2,000 Tons Of Fuel To CFR Calatori, Company Needs Ten Times More
The Romanian Government will take 2,000 tons of diesel fuel form the state reserve to supply state-owned passenger railway carrier CFR Calatori during the winter, while the Transport Ministr...
Ponta: Romania Keeps Euro Adoption As Main Target
Prime Minister Victor Ponta said Tuesday that Romania keeps the euro adoption as its main objective, but, he added, it will join the eurozone when it is fully ready, to steer clear of the di...