GOVERNMENT
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IMF Asks Romania To Begin Downsizing At Postal Operator; At Least 600 Layoffs Expected
Romanian state postal company Posta Romana will lay off at least 600 employees by the end of March and will continue to downsize its network, closing more than 135 offices, as per the agreem...
Romania’s New Cabinet Wins Confidence Vote
Romania’s new Government, led by Mihai Razvan Ungureanu, received a confidence vote in Parliament Thursday, allowing it to continue reforms pledged by the previous government under a deal wi...
IMF Urges Romania To Renegotiate Costly Contract For Rundown Rail Line
The International Monetary Fund has charged Romania's Government to renegotiate the contract for the Valcea-Valcele railway line, whose value has risen four times after it was unilaterally s...
Headless Romania: Government Falls And 400 People Freeze For 50 Hours In The Middle Of Nowhere
The change of the government in full blizzard, during a high alert situation, shows how distant the government is from day-to-day realities. This chaos led to a train being stuck for more th...
IMF Asks Tarom To Return Leased Boeing Plane Or Pay Lower Rent
The International Monetary Fund has asked Romania's Government to return the last Boeing 737-800 aircraft leased by state airline Tarom four years ago, or to lower the rental cost to the mar...
New Government Wants To Attract EUR6B In EU Funds By Yearend
The Cabinet proposed by Romanian Prime Minister Designate Mihai Razvan Ungureanu wants to attract EUR6 billion in EU funds by the end of the year and increase the country’s fund absorption r...
Ungureanu Cabinet Presents Governing Program
Romania's new Cabinet, led by Mihai Razvan Ungureanu, on Wednesday presented its governing program, which includes elements of the previous Cabinet's program related to consolidating economi...
New Government Aims At Reconciling Work And Family Life
The Cabinet proposed by Romanian Prime Minister Designate Mihai Razvan Ungureanu wants to reconcile work and family life and pledges to create a “friendly” work environment for families.
Romania’s New Government Plans To Tax The Wealthy
The Cabinet proposed by Prime Minister Designate Mihai Razvan Ungureanu plans to tax high wealth and pledges to analyze this year the means of implanting the measure.