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GOVERNMENT

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Premier: Romania Acknowledges Annulment Of Oltchim Bid, Sale Failure
Energy

Premier: Romania Acknowledges Annulment Of Oltchim Bid, Sale Failure

The Romanian Government acknowledged the annulment of the auction regarding the sale of the state-owned stake in chemical plant Oltchim Ramnicu Valcea (OLT.RO) and the failure of the privati...

Manuela Panescu · 01.10.2012 · 21:32 · 1 min
Romania To Put Oltchim Under Voluntary Liquidation Unless Sale Succeeds
Energy

Romania To Put Oltchim Under Voluntary Liquidation Unless Sale Succeeds

The Romanian Government pledged to put chemical company Oltchim (OLT.RO) under voluntary liquidation unless the privatization succeeds in the agreement with the International Monetary Fund.

Manuela Panescu · 01.10.2012 · 17:00 · 1 min
Social/Politics

Oltchim Employees To Get Social Aid If They Go Unpaid For Two-Three Months

Romanian Labor Minister Mariana Campeanu on Monday said the Government will grant emergency social aid of 1,400 lei (EUR308) to each employee of chemical plant Oltchim Ramnicu Valcea (OLT.RO...

Ecaterina Craciun · 01.10.2012 · 13:03 · 2 min
EU: Romania Lacks Vision, Strategy For 2014-2020 Budget
Macroeconomics

EU: Romania Lacks Vision, Strategy For 2014-2020 Budget

The Romanian Government process on drafting the budget for 2014 to 2020 is not suitable, lacks vision and strategy, failing to take into consideration the European Commission’s recommendatio...

Manuela Panescu · 28.09.2012 · 17:00 · 1 min
Social/Politics

Romania Could Face EU Infringement Over Frequent Changes To Procurement Law

The European Commission might start infringement procedures against Romania over frequent changes of public procurement law, which affects the business environment and indicates a lack of le...

Manuela Panescu · 27.09.2012 · 17:18 · 1 min
Social/Politics

Romania Increases Number Of EU Food Aid Beneficiaries

Romania’s Government decided to increase the number of beneficiaries of food aid from the European Union starting October, Government spokesman Andrei Zaharescu said Wednesday.

Ioana Tudor · 26.09.2012 · 17:23 · 1 min
Health

Government Extends Clawback Tax Payment Deadline Until Oct 20

Romania’s Government extended until October 20 the deadline by which drug suppliers must pay the clawback tax.

Ioana Tudor · 26.09.2012 · 16:00 · 1 min
Romania Targets Free Wireless Internet In All Schools, Public Institutions Starting 2013
Technology &Telecoms

Romania Targets Free Wireless Internet In All Schools, Public Institutions Starting 2013

The Romanian Government on Wednesday unveiled a plan to introduce free wireless internet in all schools and public institutions starting 2013.

Ecaterina Craciun · 26.09.2012 · 13:25 · 1 min
Romanian Collective Work Contracts Might Be Negotiated Yearly
Banks-Insurance

Romanian Collective Work Contracts Might Be Negotiated Yearly

Romania’s Government wants wage, work program and staff training conditions stated in collective work contracts to be negotiated yearly.

Ioana Tudor · 25.09.2012 · 17:58 · 1 min