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Social/Politics

Boc Urges Ministers To Include Projects That Can Be Finished In 2012 In Investment Plans

Romanian Prime Minister Emil Boc called on ministers Wednesday to primarily include in their plans investments that can be completed throughout 2012 and to present investment plans publicly...

Oana Gavrila · 21.12.2011 · 13:13 · 1 min
Social/Politics

Romania Wants To Allot Redirected EU Funds To Develop High-Power Laser

The Romanian Government’s priorities in allotting redirected EU funds are the development in Magurele, southern Romania, of a high-power laser of over EUR200 million, the projects regarding...

Ioana Tudor · 20.12.2011 · 17:29 · 1 min
Banks-Insurance

Romania To Raise Public Procurement Thresholds For Contracts Awarded Through Calls For Tender

The maximum value of a procurement contract Romanian public authorities may award through calls for tender will be raised starting January 1, 2012.

Ioana Tudor · 20.12.2011 · 16:31 · 1 min
Banks-Insurance

Boc: Government To Cut Workforce Costs At Optimum Time, Keep VAT At 2011 Level

The Romanian Government will analyze the feasibility of reducing workforce costs only after it makes sure the country achieved macroeconomic stability, Prime Minister Emil Boc said Tuesday.

Ioana Tudor · 20.12.2011 · 14:25 · 1 min
Social/Politics

Opposition Reads Out No-Confidence Motion Over Government's Plan To Merge 2012 Elections

The Romanian opposition Social Liberal Union read out a no-confidence motion in Parliament Monday in an attempt to overthrow the Government, which wants to merge next year’s local and genera...

Ioana Tudor · 19.12.2011 · 19:36 · 1 min
Social/Politics

Romanian PM Asks MPs’ Confidence Vote To Fast-Track Law Regulating Judge Appointments

Romanian Prime Minister Emil Boc on Thursday asked for the parliament’s confidence vote to fast-track the adoption of a law regulating appointments of judges at the High Court of Justice.

Oana Gavrila · 15.12.2011 · 12:09 · 1 min
Romania Has Big Listing Plans For 2012
Capital Market

Romania Has Big Listing Plans For 2012

The government has scheduled to sell 15% in Transelectrica (TEL.RO), Transgaz (TGN.RO) and Romgaz by mid 2012. Hidroelectrica and Nuclearelectrica should follow in the fall.

Andrei Chirileasa · 15.12.2011 · 00:00 · 2 min
Banks-Insurance

Government Decides To Raise Gross Minimum Wage To RON700 In 2012 - Sources

The Romanian Government on Wednesday decided to raise the gross minimum wage in 2012 by 30 lei (about EUR7) to RON700 from RON670, people close to the matter told MEDIAFAX Wednesday.

Ioana Tudor · 14.12.2011 · 20:51 · 1 min
Social/Politics

Basescu To Reconfirm Romania Wants To Join Fiscal Union Pact

Romania’s President Traian Basescu told the Government Wednesday he will send to the European Council a reconfirmation of the fact that Romania will join the fiscal union pact EU leaders agr...

Ioana Tudor · 14.12.2011 · 19:36 · 1 min