GOVERNMENT
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Government Caps Compensation To Former Owners Of Nationalized Property
Compensation to people whose property was abusively seized during the communist regime will be caped at 15% of the value of the property and will be paid in tranches in the next ten to twelv...
Government Extends List Of Priority Projects To 150 Works, Raises Financing To EUR14B
Romania's Government has added expanded the list of priority investments financed by the European Union from 100 to 150 projects, and has raised the total value of financing from around EUR8...
Government Plans To Allot More Money To Local Authorities - Sources
The Romanian Government included on the agenda of its Tuesday meeting a new draft decision to allot funds to local authorities to finance infrastructure development projects, people close to...
Government Falsely Informed IMF About Obligation Fulfillment
Romania's Government has falsely informed the IMF that it has eliminated restrictions against the opening of large retail centers, and the letter of intent that includes this claim has been...
Romania Could Hike Gas, Energy Royalties Or Taxes - Sources
The Romanian authorities are contemplating raising oil and natural gas royalties or increasing the taxes levied on gas and power producers once the administered prices are deregulated, gover...
Government Removes Restrictions To Funding Local Authorities In 2012
Romania's Government has made changes to several laws and introduced certain exceptions in order to allot more money for local authorities, suspending until the end of the year the rule wher...
EU To Resume Payments For Romania's HR Development Program
Romania's Government has been informed by the European Commission that payments for refunds requests through the HR development Operations Program (POSDRU) will resume shortly, although with...
Government Allots RON650M To Local Authorities To Co-Finance Projects, Pay Arrears
The Romanian Government has allotted about 650 million lei (EUR148.5 million) to local authorities to finance ongoing projects and pay off debts, people close to the matter told MEDIAFAX Tue...
Prime Minister, Ruling Coalition Agree On The Use Of Extra Funds For Local Authorities
Romanian Prime Minister Mihai Razvan Ungureanu and the country’s ruling coalition have reached an agreement on allotting extra money to local public authorities, so the funds will be used on...