GOVERNMENT
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Companies Allowed Until December 15 To Update General Employee Registry
Romania's Government has pushed the deadline by which companies may register or update the data in the General Registry of Employees (REVISAL) to December 15, 2011.
Romania May Resume Eco Pass Trading In 2012
The sale of greenhouse gas certificates, suspended in August because of inventory deficiencies, may be resumed in 2012, and the Finance Ministry will handle the sales, according to a draft g...
Housing And Population Census – Tip Of The Iceberg Of Long Proven Fact: Romania Can’t Count
The housing and population census is over but the controversies are just beginning. Poorly organized, it only goes to show the confusions created by state institutions. Incompetence on the p...
Government's List Of Priority EU Projects: Worth EUR7B And 0% Completed
Romania's Government has drawn up a list of 60 projects financed by the EU that will be monitored with priority, most of them at little over 0% completion despite being worth more than EUR7...
Government To Reconsider State Aid, Guarantee Schemes For Next Year
Romania's Government will reconsider the state aid and guarantee schemes next year, to improve access to lending for the private sector, including small and medium enterprises, says a press...
Boc Promises No Unannounced Tax Hikes Next Year
Romanian Prime Minister Emil Boc told employer organizations and labor unions that next year's state budget counts on reduced economic growth, with no "unannounced" tax hikes, but with a pos...
Romania Might Raise Stake In Rosia Montana If It Adopts Laws Supporting Mining Cos
The Romanian Government is in negotiations with Canadian company Gabriel Resources to increase its stake in Rosia Montana Gold Corporation (RMGC) from 19.3% to 22.5%.
Pascariu, Unicredit: Romania Has No Money To Create Or Buy A Large Bank
Dan Pascariu, chairman of the Supervisory Board of UniCredit Tiriac Bank, believes the Romanian government lacks the money to create or buy a large bank that can make a difference on the mar...
Pharma Industry Asks IMF To Push For Changes To Clawback System
Pharmaceutical companies have asked the International Monetary Fund to urge Romania's Government to reduce the clawback tax to zero for generic drugs, allow at least 210 days for its payment...