GOVERNMENT
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EU Commissioner: Romania Must Attract EUR30M In EU Funds Weekly To Get Same Allowance In 2014-2020
Romania must attract nearly EUR30 million in European Union funds weekly by the end of 2012 to get the same EU financing in the 2014-2020 interval as in the previous financing period, the Eu...
Romanian Government Retains Right To Block High Pricing For Energy
The Romanian government has reserved the right to limit and even block an “excessive” growth of electricity prices, for an extendable interval of up to six months, through setting a price ce...
Energy Prices In Romania To Be Maintained At The Moment - Watchdog
Romania’s energy regulator ANRE is not planning to increase electricity and gas prices in the near future, but it cannot be known whether these prices will double by the end of the deregulat...
Government Endorses Tougher Penalties For Abusive Practices In Energy
Romanian energy suppliers will be slapped with higher fines if they engage in practices that harm customer relations, Economy Minister Lucian Bode said Friday.
Government Approves Energy Bill In Special Meeting
The Romanian Government approved the new energy bill in an extraordinary meeting Friday, in the absence of Deputy Prime Minister Marko Bela and Environment Minister Kelemen Hunor.
Government Expects Lowest Revenue From Car Pollution Tax Since Its Introduction
Romania's Government this year expects to collect the lowest revenue from the car pollution tax since it was introduced, no more than 275 million lei (EUR63 million), ten times less than the...
Romania Announces Two-Stage Privatization For Chemical Producer Oltchim
Romania’s Economy Ministry will use a two-stage privatization scheme to sell its 54.8% stake in state-run chemical plant Oltchim Ramnicu-Valcea (OLT.RO), according to the privatization annou...
Romania Sets Calendar For Energy Deregulation, Cancels Social Tariffs
The Romanian government will deregulate electricity tariffs for both industrial and household clients in several steps starting with this fall, as part of a stand-by loan agreement signed wi...
Romania Undecided About A Second Go At Petrom Stake Sale
The Romanian government is analyzing whether it would be opportune to reschedule the sale of a minority stake in dominant oil company OMV Petrom (SNP.RO), following a failed attempt in 2011,...