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Basescu: Reducing Number Of Taxes Is A Priority
Romanian President Traian Basescu said Sunday, after the meeting with the IMF, European Commission and World Bank delegation, that one of the government's priorities will be revising the fis...
Romania Sees GDP Up 0.3-0.4% In 2Q, Inflation At 4.8% In 2011
Romania's Government estimates a 0.3-0.4% growth of the gross domestic product in the second quarter, compared to the first, and an inflation rate of 4.8% this year, below the central bank's...
Franks: Romania May Accelerate Economic Growth With Good Reforms, Solid Investments
Romania's economic growth will continue this year and may even accelerate next year, but only through continued and "satisfactory" reforms, improved absorption of EU funds and solid investme...
IMF Supports Fraud-Free "Pensioner's Basket" Program - UNPR
Marian Sarbu, president of the National Union for the Progress of Romania (UNPR), Friday said officials of the International Monetary Fund, World Bank and European Commission agree with the...
Romania To "Recalibrate" Minimum, Average Wage In October - UNPR
Marian Sarbu, president of the National Union for the Progress of Romania (UNPR), said Friday that a government decision in October will "recalibrate" the ratio between the minimum wage and...
IMF Says Romania Should Cut Red Tape Around Heating Subsidies - Lazaroiu
Officials of the International Monetary Fund have recommended Romania to adopt a simplified scheme for heating subsidies and eliminate bureaucracy for this type of aid, Labor Minister Sebast...
Romanian Labor Ministry, IMF Discuss Wage Law, Pensions, Social Assistance Code
Romanian Labor Minister Sebastian Lazaroiu said Wednesday he discussed with the International Monetary Fund mission the public sector wage law to be enforced next year, the implementation of...
Boagiu: State-Owned Transport Companies Losses Down 23% From Targets
The operational losses incurred by the Romanian Transport Ministry's companies decreased 23% in the first half of the year compared to the targets agreed upon with the International Monetary...
Basescu, IMF Meeting Discussed Budget Revision Principles
The principles of the budget revision, which Romania's government will implement this summer, were discussed by the meeting on Monday between President Traian Basescu and the IMF, European C...