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Romanian President Signs Bill Lowering Social Security Into Law
Romanian President Traian Basescu announced Thursday he has signed into law a bill lowering by 5 percentage points the social security contributions paid by employers.
Romania Should Urgently Adopt New Mining Law To Allow Reopening Of Mines
Many of Romania's underground resources are trapped in closed mines which should be reopened, said Mineral Resources Agency director Sorin Gaman, adding a new mining law should be adopted wi...
Government Approves Law On Capping Cash Payments, Interbank Fees
Romanian government approved the draft law on capping cash payments and reducing interbank fees for debit and credit cards transactions, according to official sources.
Romanian President Signs Green Certificate Bill Into Law
Romanian president Traian Basescu said Thursday he has signed into law the government emergency ordinance on green certificates, adding he expects lower electricity bills.
Justice Minister: Insolvency Law To Arrive By Midyear
The new insolvency code, a law that banks and other creditors expect to make it easier for them to get their money back, while ailing companies hope it will provide them with a better framew...
PM: Cash Payments, Bank Fees Capped Jointly By Law
Cash payments will be capped jointly with bank fees, probably by law, not by ordinance, and the banks should agree with the decision, especially that they will benefit from a higher number o...
Constitutional Court Overrules Romania’s Decentralization Law
Romania's Constitutional Court on Friday ruled the country's decentralization law unconstitutional, sustaining the opposition Democratic Liberal Party's objections.
Romania Sets Farmland Acquisition Conditions
Natural persons in Romania will not be allowed to own more than 100 hectares of unincorporated farmland, and EU citizens (including Romanians) must satisfy several conditions to get permissi...
SME Minister: New Insolvency Law Finalized; Up For Public Debate In August
Romania’s new insolvency law has been finalized and will be put up for public debate in August, Maria Grapini, the country’s Minister for Tourism, Business Environment and Small and Medium-s...