GOVERNMENT
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Romanian Constitutional Court Rules Government Was Instated Legally
Romania’s Constitutional Court on Wednesday ruled the Government led by Prime Minister Mihai Razvan Ungureanu was instated legally and rejected the opposition’s claim that the parliamentary...
Romania’s PM Meets Chevron Officials For Gas Drilling Talks
Romanian Prime Minister Mihai Razvan Ungureanu on Tuesday met with representatives of oil group Chevron, for talks on the group’s intention to start drilling for unconventional gas in the Ea...
Government To Hire Staff To Speed Up EU Fund Absorption
The Romanian Government decided Tuesday to change the organizational chart at the ministries of Labor and Education and increase the number of positions by 71 to speed up EU fund absorption.
Car Tax Will Bring Only RON624M To Romania's Budget
The Romanian Government estimates the car pollution tax will bring total revenues of only 624 million lei (EUR143 million) to the state budget in 2012, three times lower than last year’s for...
Erste's CEO About Romanian Government Change: Very Encouraging Moves
Andreas Treichl, the chief executive of Austria's Erste Group Bank (EBS.RO), says he is confident the finance and transport ministers in Romania's new government will show good performance.
Government Keeps Scrappage Voucher At RON3,800, Cuts Clunkers Program Budget
The Romanian Government decided to keep the scrappage voucher granted under the cash-for-clunkers program at 3,800 lei (EUR873), and cap the program’s total budget at RON114 million, way bel...
Government Approves 2012 Layoff Plan At Coal Company CNH Petrosani
The Romanian Government on Monday approved the layoff of over 250 employees of national coal company CNH Petrosani by the end of the year.
Government To Ease Township Heating Debts With Treasury Money
Romanian local authorities will be able to take out treasury loans to pay off debts to heat suppliers amassed by December 31, 2011, according to a bill drafted by the Government.
Government: Romania Will Ratify EU Fiscal Treaty This Year
The EU's fiscal stability treaty will apply in its entirety to the signatory member states that are in the euro zone, but Romania, which has not yet adopted the euro, can choose when to rati...