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GOVERNMENT

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Social/Politics

Government Allots Extra RON5M To Romanian Intelligence Service

Romania’s Government has increased the budget of the Romanian Intelligence Service by 5 million lei (EUR1.08 million), following a decision of the Supreme Defense Council (CSAT), Finance Min...

Ioana Tudor · 25.07.2012 · 16:10 · 1 min
Social/Politics

Romania To Cut Irrigation Water Prices, Compensate Farmers For Drought-Damaged Crops

The Romanian Government will reduce prices of irrigation water by 50 lei (EUR10.7)/1,000 cubic meters, will allot extra EUR25 million for irrigation projects and will compensate farmers whos...

Ioana Tudor · 24.07.2012 · 15:29 · 1 min
Romania Wants To Cut VAT For Basic Foods To 9% As Of 2013
Retail&Consumer

Romania Wants To Cut VAT For Basic Foods To 9% As Of 2013

Romania's Government decided to cut the value added tax VAT for the basic food products from 24% to 9% as of 2013, as part of a package of measures for the agricultural sector, official sour...

Manuela Panescu · 24.07.2012 · 12:53 · 1 min
Ponta Says Problems At Insolvent Hidroelectrica To Be Eliminated By Fall
Energy

Ponta Says Problems At Insolvent Hidroelectrica To Be Eliminated By Fall

The problems that disrupted the functioning of Romanian insolvent hydropower producer Hidroelectrica will be removed and the company will get back to normal by this fall, Prime Minister Vict...

Ioana Tudor · 24.07.2012 · 11:58 · 1 min
Software Companies In Romania Say Government Should Also Support Small IT Firms
Technology &Telecoms

Software Companies In Romania Say Government Should Also Support Small IT Firms

The EUR100 million state aid scheme prepared by the Romanian Finance Ministry for companies that create 300 new jobs and keep them for five years is welcome, but a program would also be need...

Ecaterina Craciun · 24.07.2012 · 10:00 · 2 min
Energy

Government To Subsidize Irrigation Systems Energy

The Romanian Government will subsidize the energy necessary for the irrigation systems in order to fight the effects of this year's drought, Premier Victor Ponta said Monday.

Manuela Panescu · 23.07.2012 · 21:07 · 1 min
Ponta Opens Bucharest-Ploiesti Highway, Says Will Still Fine Contractors For Delays
Automotive

Ponta Opens Bucharest-Ploiesti Highway, Says Will Still Fine Contractors For Delays

Romanian Prime Minister Victor Ponta on Thursday cut the ribbon to open traffic on the A3 highway, linking capital Bucharest to Ploiesti, but said the Government will still charge constructo...

Oana Gavrila · 19.07.2012 · 10:30 · 1 min
Social/Politics

Government Gives Mayors Back RON107M From Funds Taken Away In May

Romania's Government Wednesday decided to give local authorities back 107.5 million lei (EUR23.5 million) of the funds provided by the previous Ungureanu Cabinet for current expenses and wit...

Radu Bostan · 18.07.2012 · 16:27 · 1 min
Social/Politics

Government To Assign RON1M For Romania House At London Olympics

The Government will assign about 1 million lei (EUR22.000) to the National Olympic Committee to rent a dwelling for Romania House at 2012 London Olympic Games, official sources said Wednesda...

Manuela Panescu · 18.07.2012 · 14:14 · 1 min