GOVERNMENT
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Romanian Business Community Unfazed By Government Resignation
The Boc Government has taken good measures as well, but many of them came too late and were not well enough communicated, and the resignation will defuse the social and political tension, ac...
European Commission Confident A New Romanian Government Will Be Appointed Shortly
The European Commission took note of the resignation of the Romanian government and has every confidence that a new Government will be appointed shortly in line with the constitutional requi...
Basescu’s Meeting With Political Parties Rescheduled Following Boc's Resignation
Consultations between Romanian President Traian Basescu and political parties on the EU financial stability treaty have been cancelled and a new meeting will be scheduled most likely for Mon...
Romanian Justice Minister Catalin Predoiu Appointed Acting Prime Minister
Romanian President Traian Basescu on Monday appointed independent justice minister Catalin Predoiu to the position of acting prime minister, following the resignation of Emil Boc earlier in...
Financial Markets In Romania Fall After Government Resignation
The Romanian leu weakened against the euro in mid-session Monday, while the stock exchange’s main index was falling 2.5%, following Prime Minister Emil Boc’s announcement of the government's...
Government, IMF Keep Open Possibility Of Wage, Pension Raises
Romanian Prime Minister Emil Boc and the IMF delegation have agreed that the new letter of intent would retain the possibility of raising public sector salaries and pensions this year, the e...
De'Longhi To Receive State Aid For Investment In Jucu
The Romanian Government will grant state aid to Italian household appliances producer De'Longhi, which will buy Nokia's factory located in Jucu, northwestern Romania, the Executive said Thur...
Government Listing Plans vs. Achievements
The Romanian Government has been promising the International Monetary Fund (IMF) for two years that it will sell on the stock exchange minority stakes in the main state-run companies in the...
Government Might Thaw Hiring In Authorities Running EU-Funded Projects
Romania's Government is preparing a bill to permit hiring in public institutions that run programs financed from EU funds, arguing that allowing these exceptions from the hiring restrictions...