GOVERNMENT
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Romania To Provide Emergency Relief To Turkey, Libya
Romania's Government has decided to supply 100 tents to Turkey free of charge, as emergency earthquake relief, and provide medical care to 100 Libyan citizens injured in the civil war.
World Bank: Romanian State Cos Receive Major Subsidies But Cause Massive Losses
One quarter of the 154 monitored Romanian state-owned enterprises have incurred losses of as much as hundreds of thousands of lei per employee, while only 14 companies have posted profit abo...
Pensioners To Sue Government If It Freezes Pensions In 2012
Romanian pensioners will sue the Government if it freezes pensions in 2012, Preda Nedelcu, president of the National Federation of Romanian Pensioners, told MEDIAFAX Wednesday.
Government Considers Freezing Salaries, Pensions Until 2H 2012 – Sources
Romania's Government might freeze salaries and pensions at least until the second half of 2012, and evaluate the economic figures at the end of June to see whether raises are possible in the...
Tough Month For Government: How Will Romania Escape The Approaching Storm?
Romania has entered a really tough month. The government in Bucharest is faced with five major challenges amid the international turmoil. With a mission of the International Monetary Fund on...
Lower House’s Leadership Approves Institution’s Draft 2012 Budget
The Romanian Chamber of Deputies’ Standing Bureau on Monday approved the lower house’s draft budget for 2012 of 216 million lei (about EUR50 million), said the secretary of the institution,...
Companies Participating In PPP Auctions Must Present Selected Subcontractors
The Romanian Government may ask private investors participating in public-private partnership (PPP) auctions to state in their bids the parts they plan to subcontract and the subcontractors...
Romanian Authorities Not Required To Explain Why PPP Contract Offer Was Rejected
Romanian authorities may refuse to inform companies taking part in tenders for public-private partnership contracts why their offer was rejected, if such information is considered "against t...
Firms May File Affidavit That They Are Not In Bankruptcy To Take Part In Romanian PPP Tenders
Companies that have filed for bankruptcy or have debts to Romania's state budget may not take part in public-private partnership tenders, but may declare they are not in such a situation thr...