GOVERNMENT
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Romania To Compensate VAT For EU-Funded Projects Starting Next Year
Romania will consider the VAT for EU-funded projects an eligible cost to be compensated from community funds starting next year, but only for contracts signed after January 1, 2012, and some...
Justice Minister May Start Disciplinary Action Against Judges, Prosecutors - Bill
Romania’s minister of Justice will be allowed to start disciplinary proceedings against judges and prosecutors in grounded cases, according to a bill drafted by the Government.
Businesspeople To Government: Keep Investments Going And Cut Spending On Police And Military
Lower spending on public sector employees and especially on those in the police and military, along with continued investments in upgrading the state apparatus should be priorities on the ag...
The Truth About The Government’s New Investments: They Were Down 60% In H1
The long-awaited new investments financed and accepted as completed by the government in the first half of this year, which should have given the economy a boost, actually dropped by almost...
Businesspeople Teach Government How To Build 2012 Budget
The Government needs to cut the number of public sector employees, continue investments but not in the unprofitable state-owned companies, and ensure transparency of spending by putting peop...
Germany's Draexlmaier To Expand Production Capacity At Three Romanian Plants
German car part maker Draexlmaier wants to expand the production capacities of its plants at Satu Mare, Codlea and Hunedoara, and develop its collaboration with Romanian universities for emp...
Government Extends List Of Priority EU Projects To 100
Romania's Government and the IMF agreed Wednesday evening to extend the list of priority EU-funded projects, from 60 to 100, but only by adding projects in need of low financing, less than E...
Government Has IMF Consent To Maybe Raise Salaries In 2012
The IMF agrees with salary and pension raises in the second half of 2012, budget resources allowing, but this does not guarantee such a decision would be made by Romania's Government, people...
Government OKs Drilling Deal With Moesia Oil And Gas
The government approved a new exploration, development and drilling agreement between local mineral resources manager ANRM and Irish Moesia Oil and Gas, for a block spanning over some 1,000...