GOVERNMENT
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Investors To Receive 30% Of Rents From Homes Built With Romanian Housing Agency
Private investors who will build homes for Romania's Housing Agency (ANL) in partnership with the Government will receive 30% of the rents, but the construction contracts will be signed only...
Romanians To Lose Social Benefits For Five Months Over Unpaid Local Taxes
Romanians receiving social aid, such as children's allowance, child-rearing stipends, minimum guaranteed income and family support allowance, will lose these benefits for five months if they...
Romania To Set Social Benefits Considering Reference Social Indicator
The Romanian Government will set social benefits considering the national reference social indicator, which is currently 500 lei (about EUR117), and not indicators with a higher value, such...
Romanian State Companies To Transfer 85% Of Profit To State Budget
The Romanian Government approved a memorandum whereby state companies will transfer 85% of their profit to the state budget, Finance Minister Gheorghe Ialomitianu said Tuesday evening.
Romania Might Raise Royalties On Gold, Silver, Platinum Mining To 8%
Romania's Government might double the royalties on gold, silver and platinum extraction, from 4% to 8% of the value of production, and increase royalties on other mineral products, such as c...
Local Taxes Might Be Raised By Up To 50% Or Considering Contributors’ Purchasing Power
Romanian local authorities might be allowed to increase annual taxes by up to 50% or eliminate the current 20% increase cap and raise local taxes depending on contributors’ purchasing power.
Authorities Take Electrica Off Private Management List
Authorities and the International Monetary Fund agreed to remove electricity distributor Electrica SA from the list of companies to receive private management.
State Companies Might Be Again Forced To Transfer 90% Of Profit To State Budget
The Romanian Government wants to force state companies and autonomous departments again to transfer 90% of their profit to the state budget, people close to the matter told MEDIAFAX Thursday...
Pensioners, War Veterans Have Until End-2012 To Get Travel Smart Cards
The Romanian Government on Thursday decided to extend by one year, until end-2012, the deadline by which pensioners and war veterans will have to obtain travel smart cards, for use in county...