GOVERNMENT
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Romania Raises Subsidies For Poultry, Pig Welfare By Redistributing Funds
Romania's Government has increased the state aid for poultry and pig welfare to 253.6 million lei (EUR56.8 million) and RON204.9 million, respectively, to cover demand.
Government Approves Construction Of Gas Pipeline Link To Moldova
Romania's Government on Wednesday approved the construction of a pipeline linking the Romanian and Moldovan natural gas transport systems, between Iasi and Ungheni, Prime Minister Victor Pon...
Retired Military Staff Won’t Have To Return Difference After Pension Recalculation
Romania’s Prime Minister Victor Ponta on Wednesday said retired military staff and police officers will no longer have to return, starting June, the money difference resulted from the recalc...
Romania Allots EUR1.9M To Compensate Farmers For Snow-Damaged Crops
The about 3,000 Romanian farmers whose crops have been damaged by heavy snowfalls in January and February will receive state aid capped at EUR7,500 per beneficiary, Agriculture Minister Dani...
Government Allows Posta Romana To Reschedule Debts To State Institutions
Romanian state-owned postal company Posta Romana was allowed to rethink the payment of debts to state institutions to avoid entering insolvency, according to a decision approved by the Gover...
Romania Drops Plan To Tax Each Profitable Market Transaction, Applies Yearly Profit Tax
The Romanian Government renounced its plan to tax each profitable capital market transaction, highly criticized by the market players, and decided to introduce a yearly tax on profitable tra...
State Representatives Banned From Joining More Managing Boards, General Assemblies
Romania’s Government has decided state representatives will be allowed to be part of a single managing board or a single shareholders’ general assembly, banning them from being part of the d...
Self-Employed Romanians Earning Less Than EUR65,000 Per Year To Be Exempt From VAT Payments
Romania's Government will approve Wednesday an ordinance whereby self-employed people with income below EUR65,000 per year will be exempt from paying VAT, a decision that will affect artists...
Government To Amend Finance Law Again, As Local Arrears Keep Growing
Romania's Government has completely missed the target for the reduction of local authority arrears in the first quarter, and the debts have even grown, indicating serious failures in the mon...