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GOVERNMENT

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IMF Halts Negotiations In Romania After Government Falls
Macroeconomics

IMF Halts Negotiations In Romania After Government Falls

The International Monetary Fund will suspend negotiations with the Romanian authorities on the coming economic and financial criteria under a EUR3.6 billion loan agreement signed last year u...

Florentina Dragu · 27.04.2012 · 16:03 · 1 min
Automotive

Romania To Limit Infrastructure Program Budget To RON1B Per Year

Romania's Government has decided to resize the National Infrastructure Development Program (PNDI), by limiting its yearly funding to one billion lei (EUR228 million), available only to proje...

Radu Bostan · 24.04.2012 · 16:07 · 1 min
Social/Politics

Romania Asked ECHR To Extend Deadline For Adoption Of Law On Nationalized Property

The Romanian Government confirmed Tuesday it has asked the European Court of Human Rights to extend the deadline to amend the law on nationalized property.

Ioana Tudor · 24.04.2012 · 15:09 · 1 min
Romania Clears RON127M State Aid For Coal Mine Closure Scheme
Energy

Romania Clears RON127M State Aid For Coal Mine Closure Scheme

The Romanian government Tuesday said it will disburse a new 127 million lei (EUR29 million) subsidy for state-run coal mining company Compania Nationala a Huilei (CNH), part of a larger fina...

MediafaxFoto - Mediafax · 24.04.2012 · 14:53 · 1 min
Romanians May Drive Cars Registered Abroad Only 90 Days
Automotive

Romanians May Drive Cars Registered Abroad Only 90 Days

Romanian residents may not drive cars registered in other states for periods longer than 90 days, according to a decision adopted by the Government Tuesday.

Ioana Tudor · 24.04.2012 · 13:09 · 1 min
Romania Declares April 30, 2012 Day Off For Public Sector
Social/Politics

Romania Declares April 30, 2012 Day Off For Public Sector

Romanians working in the public sector will enjoy a longer weekend after the Government decided to declare April 30, 2012 a non-working day in anticipation of May 1, which celebrates Workers...

Ioana Tudor · 24.04.2012 · 12:38 · 1 min
Social/Politics

Romania To Ask ECHR For Extra Six Months To Adopt Law On Nationalized Property

Romania's Government and the European Court of Human Rights will discuss a delay of at least six months for the amended law on nationalized property, which is due by July this year, to allow...

Radu Bostan · 23.04.2012 · 16:08 · 1 min
Romania Might Need RON650M To Return Healthcare Contributions On Pensions Lower Than RON740
Social/Politics

Romania Might Need RON650M To Return Healthcare Contributions On Pensions Lower Than RON740

The Romanian Government is analyzing the situation generated by a decision of the Constitutional Court, whereby only Romanians earning pensions higher than 740 lei (EUR169) can be charged a...

Ioana Tudor · 23.04.2012 · 15:54 · 1 min
Romania Continues To Borrow Money From Treasury For EU-Funded Projects
Banks-Insurance

Romania Continues To Borrow Money From Treasury For EU-Funded Projects

Romania’s Government will borrow 500 million lei (EUR114 million) from the state treasury to cover payments in the second quarter of the year for the EU-funded regional operational program “...

Oana Gavrila · 23.04.2012 · 11:49 · 1 min