GOVERNMENT
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Romania Declares December 24, 31 Days Off
Romania’s Government approved Tuesday a decision declaring December 24 and 31, 2012 (Christmas Eve and New Year’s Eve) days off.
EBRD To Help Romania Increase EU Fund Absorption
The European Bank for Reconstruction and Development (EBRD) will offer technical assistance to Romania to help the country improve its European fund absorption both within the current financ...
Romania Supports Pirelli's EUR105M Investment With EUR35M Aid
The Romanian government will give Italian tire maker Pirelli EUR35 million in state aid so it can expand its local production line in Slatina, where the company plans to invest EUR105 millio...
Romania Might Veto EU Plan To Cut Fund Allocations For 2014-2020
Romania might use its right of veto if European Council President Herman van Rompuy remains firm regarding the reduction of European Union fund allocations for 2014-2020, people closed to th...
Government OKs Health Ministry To Acquire Medical Equipment, Drugs
The Romanian Government will approve in Tuesday session the ordinance on the acquisition of medical equipment and drugs by the Health Ministry.
Ponta: Romania Drew 20% Of European Cohesion Funds So Far
Prime Minister Victor Ponta on Tuesday said Romania has so far drawn EUR4 billion of a total EUR19 billion it was allotted for the 2007-2013 period, which translates into an absorption rate...
Basescu: Romania Re-Allowing Public Institutions To Buy Cars Inopportune
President Traian Basescu said Friday the Romanian Government’s decision re-allowing the institutions and public authorities to purchase cars of up to EUR18,000 threshold is "one of the unins...
Government Blocks Project To Build Cluj-Napoca Beltway Section
Romania’s Government blocked a project to construct a section of the Cluj Napoca ring-road, arguing that works entail total costs of over EUR14 million per kilometer and are not included in...
Romania Extends Cernavoda Investment Agreement Until December 2013
Romania has extended until December 2013 an investment agreement for the construction of two new reactors at the Cernavoda nuclear power plant in a bid to attract additional funds, governmen...