GOVERNMENT
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Government Might Change VAT Payment Rules By Yearend
Romania’s Government might implement by January 1, 2013 at the latest a new value added tax payment system allowing companies with turnovers of up to EUR500,000 to pay VAT upon cashing in in...
PM Shuffles Ministers Of Interior, Justice, Foreign Affairs
Romanian Prime Minister Victor Ponta has proposed Mircea Dusa for Minister of Interior, Radu Stroe for Minister-delegate for Administration, Titus Corlatean for Minister of Foreign Affairs,...
Constitutional Court Asks For Permanent Voter Lists Before Ruling On Impeachment Referendum
Romania’s Constitutional Court on Monday said it sent a new letter to the government asking it to provide the updated permanent voter lists that were used to organize the referendum to impea...
Government Lowers Expectations For Sale Of State Properties, After Failed Auctions
Romania's Government has drastically scaled back its expectations for the sale of state-owned buildings managed by RA-APPS, from 706 million lei (RON151.89 million) to RON296.2 million, as m...
Government Promises Scheme To Aid SMEs In IT Sector
The Government will start talks this autumn over a state aid scheme for small and medium-sized enterprises in the IT sector, after this week it approved EUR100 million in aid for the large c...
Government To Cover 40-50% Of Salary Costs For Companies That Create 200 High-Skill Jobs
Romania's Government will cover 40%-50% of the salary expenses of companies that create at least 200 high-skilled jobs, for two years, under a state aid scheme approved Tuesday.
Government Sets New Trade Register Fee System Hoping To Collect RON100M Yearly
Romania’s Government will implement a new system setting fees for services to firms and self employed people registered with the Trade Register, hoping to collect over 100 million lei (EUR21...
Romania To Double Threshold On Direct-Award Public Procurement Contracts
Romania’s Government plans to double to EUR30,000 the threshold on public service, works and product contracts awarded directly, without public procurement auctions.
Government Needs Investor's Ok In Rosia Montana License Agreement Declassification
The Romanian Government will decide on the declassification of the license agreement at Rosia Montana gold mining project, the declassification equally requiring the investor’s approval, eco...