GOVERNMENT
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Senate Adopts Bill Allowing Government To Issue Ordinances During Winter Recess
Romania's Senate on Tuesday adopted a bill authorizing the Government to issue ordinances during the winter parliament recess.
PM Says Romania To Attract EUR6B In EU Funds As 90% Of Projects Are Already Signed
The Government is confident Romania will attract at least EUR6 billion in European funds next year because nearly 90% of the funded projects have already been signed, Prime Minister Emil Boc...
Government Lowers Budget For Presidency, Parliament, Raises Funds For Secret Service
The Romanian Government has lowered the Presidential Administration’s budget for next year to 27.2 million (about EUR6.2 million), which is RON1.6 million less than this year and RON2.3 mill...
Government Expects 20-25% EU Fund Absorption In 2012
Romania's Government is counting on a EU fund absorption rate of 20-25% next year, aiming to attract at least EUR6 billion for agriculture and from the cohesion funds, Prime Minister Emil Bo...
Government, IMF In Negotiations To Raise Minimum Wage To RON700
Romania's Government is in negotiations with the International Monetary Fund (IMF) to raise the gross minimum wage to 700 lei (EUR160) from RON670, said Finance Minister Gheorghe Ialomitianu...
FOCUS: State Spends About EUR200M Annually On Goods, Services
Romanian state institutions and companies spend EUR200 million annually on cars, laptops, furniture, air conditioners, mobile phones and telecom services, most of them bought through direct...
Government Reduces Income Tax Transfers To Local Budgets
Romania's Government has reduced the share of income tax collections provided to local authorities by 5.5 points, through an emergency ordinance amending the Law on public finance, minister...
Fiscal Council Concerned About Infrastructure Investments' Impact On ESA95 Deficit
Romania's Fiscal Council has asked the Government to present the National Infrastructure Development Program's potential impact on the deficit as per ESA95.
Government Approves 2012 State Budget Draft
The Romanian Government on Friday approved the draft 2012 state budget, which will be sent to parliament for approval.