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GOVERNMENT

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Social/Politics

Parliament Sets Calendar For Confidence Vote On Merged Elections Bill

The Romanian Parliament’s standing bureaus on Monday set the calendar for the adoption of two bills for which the Government plans to seek a confidence vote in Parliament.

Ioana Tudor · 12.12.2011 · 15:15 · 1 min
Social/Politics

Romanian Ruling Coalition Sets Confidence Vote Calendar

Leaders of Romania’s ruling coalition on Monday set a calendar for the adoption of two bills for which it plans to seek the Parliament’s confidence vote and will insist that a potential no-c...

Oana Gavrila · 12.12.2011 · 12:02 · 1 min
Social/Politics

Cabinet To Seek Confidence Vote On Elections, High Court Judge Appointment Bills

The Romanian Government on Monday adopted the bill merging 2012 local and parliamentary elections and the one regulating High Court of Justice judge appointments and decided to seek the Parl...

Oana Gavrila · 12.12.2011 · 11:26 · 1 min
Romanian Cabinet Holds Special Meeting On Merging Local, Parliamentary Elections
Social/Politics

Romanian Cabinet Holds Special Meeting On Merging Local, Parliamentary Elections

The Romanian Government will hold a special Cabinet meeting Monday morning to discuss a bill that would merge 2012 local and parliamentary elections and another that regulates appointments o...

Oana Gavrila · 12.12.2011 · 09:40 · 1 min
Banks-Insurance

Romania Extends List Of Companies That May Alter Deficit

Romania and the International Monetary Fund have agreed to raise to 27 from 10 previously the number of public companies whose financial results must be included next year in budget deficit...

Ioana Tudor · 11.12.2011 · 16:50 · 1 min
Banks-Insurance

Government Wants More Flexible Approach To Regulation Freezing Public Sector Hiring

Romania’s Government wants a more flexible approach to the rule whereby only one in seven vacant public sector positions may be filled next year, with a view to applying it at a higher level...

Ioana Tudor · 09.12.2011 · 14:28 · 1 min
Banks-Insurance

Romania To Cut Co-Financing Rate For EU-Funded Projects By 10 Pps

The Romanian Government wants to temporarily reduce the national co-financing rate for EU-funded projects by 10 percentage points, based on a new EU regulation which increased the European c...

Ioana Tudor · 09.12.2011 · 14:15 · 1 min
IMF Urges Romania To Privatize Main Thermal Power Producer
Energy

IMF Urges Romania To Privatize Main Thermal Power Producer

The International Monetary Fund has asked Romania’s Government to transfer thermal power producer Electrocentrale Bucuresti (ELCEN) to the Economy Ministry and begin privatization procedures...

Andrei Cîrchelan · 09.12.2011 · 12:37 · 1 min
Government Postpones Oltchim Privatization Until April 2012
Energy

Government Postpones Oltchim Privatization Until April 2012

The International Monetary Fund has agreed to a four-month extension until April 2012 of the privatization deadline of Romanian state-run chemical plant Oltchim (OLT.RO), the government said...

Florentina Dragu · 08.12.2011 · 21:03 · 1 min