GOVERNMENT
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Romania's Creditors Barred From Placing Distraint On Shares In State Companies For Five Years
Romania's Government will bar the state's creditors from launching forced execution proceedings or placing distraint on shares in national companies received as guarantees, and will also ref...
Government Won’t Amend Law Cutting Revolutionaries’ State Allowance
The Romanian Government will not amend a law that cut state allowances for revolutionaries, the institution said in a press release Tuesday.
Is There A Critical Mass To Overthrow Government And Organize Early Elections?
The Romanian Parliament meets Monday in an extraordinary session to analyze the situation in the country, while the prime minister admitted for the first time that early elections could be o...
Thousands Protest In Romania Against Political Class For Ninth Straight Day
Hundreds of Romanian protesters have gathered in Bucharest’s University Square Saturday for the ninth straight day, giving voice to their anger at the head of state and the government, and u...
Opposition Raises Temperature Of Protests. President Remains Silent
Several thousand people rallied by an Opposition demonstration Thursday brought reinforcements to the University Square protest in Bucharest.
Government Approves Bridge Bank Law For Struggling Lenders
Romanian government Wednesday approved the legal framework that will allow the central bank to create a bridge bank to manage and insulate financially troubled lenders.
Bucharest City Hall OKs Anti-Government Protest Rally To Be Organized By Opposition Thursday
The Bucharest City Hall has authorized the organization of an anti-government protest rally and march by the opposition Social Liberal Union on Thursday afternoon, general mayor Sorin Opresc...
Romania To Carry Out Flood Prevention Projects Worth Over EUR100M
Romania's Government will carry out flood prevention projects worth a total 451.7 million (over EUR100 million) in six counties: Arges, Bihor, Cluj, Covasna, Dambovita and Maramures.
Boc Pledges To Ease Firm Startup Procedures, Support Young Entrepreneurs
Romanian Prime Minister Emil Boc on Tuesday said the Government will ease procedures to set up a firm, will ensure extra financing for young entrepreneurs and will grant state aid to enterpr...