GOVERNMENT
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Romanian PM Announces 5% VAT For Accommodation, Restaurants And Theme Parks
Romanian Prime Minister Viorica Dancila announced on Thursday that the Government will set a 5% value added tax rate for accommodation, restaurant services and theme parks, ensuring that the...
PSD Government Broke Finance Ministry’s Piggy Bank: 25% Salary Raises In Public Sector In Jan-Aug
Salary spending in the public sector rose 25% in January-August over the year-ago period, as shown by the general consolidated budget figures. The private sector is unable to keep up with th...
Romanian Government Approves Budget Revision, Keeps Deficit Target Below 3%
Romania's government on Wednesday approved this year's first budget revision, government spokesman Nelu Barbu said after the Cabinet meeting.
Government Approves Groundwork Documentation For Ploiesti-Brasov Highway
Romanian Prime Minister Viorica Dancila announced at the start of Wednesday’s Cabinet meeting that the Government will approve the groundwork documentation for the Ploiesti-Comarnic-Brasov h...
Romanian Government Transposes EU Package Travel Directive
Romania’s Government has passed an emergency decree on Thursday for providing 100% guarantees in the case of travel packages sold by tourism operators, transposing into law an EU directive o...
Government Wants South Bucharest Airport Built Within Public-Private Partnership
Romanian Prime Minister Viorica Dancila announced on Thursday that the Government intends to initiate multiple projects within a public-private partnership, including a long-mentioned projec...
Foreign Investors Call On Government To Set Up Special Division For Infrastructure Projects
The Foreign Investors Council (FIC) on Tuesday sent an open letter to the Romanian Government, calling for the setup of a division for the implementation of large infrastructure projects, to...
Finance Ministry Has Three Payment Peaks Left In 2018
The year 2018 is another volatile year in terms of the government’s financial needs, with an uneven distribution thereof, payment peaks of 7 to 8 billion lei (EUR1.5 billion to EUR1.7 billio...
Romania’s Parliament Endorses Dancila Cabinet
Romania’s Parliament on Monday granted a vote of confidence to the third social-democrat led coalition government in a year.