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Capital Market

Basescu Passes Law Raising SIF Ownership Cap To 5%

Romanian President Traian Basescu on Thursday signed the decree passing an amendment to Law 297/2004 on the capital market, which raises the limit on ownership in the five regional investmen...

Radu Bostan · 05.01.2012 · 19:29 · 1 min
Automotive

Basescu Passes Law On Car Pollution Tax

Romanian President Traian Basescu on Thursday passed the law on the car pollution tax, the Presidential Administration said in a press release.

Ioana Tudor · 05.01.2012 · 18:44 · 1 min
Social/Politics

Basescu Passes Welfare Law

Romania’s President Traian Basescu on Tuesday passed the welfare law, the Presidency said in a press release.

Ioana Tudor · 20.12.2011 · 19:04 · 1 min
Petrom May Book EUR100M In Additional Costs As A Result Of Legislative Changes
Energy

Petrom May Book EUR100M In Additional Costs As A Result Of Legislative Changes

OMV Petrom (SNP.RO), the largest company in Romania, could be significantly affected by the changes of the Gas Law approved by the Chamber of Deputies on Thursday.

Roxana Petrescu · 16.12.2011 · 08:30 · 2 min
Parliament Adopts Bill On Car Pollution Tax
Automotive

Parliament Adopts Bill On Car Pollution Tax

The Romanian Chamber of Deputies on Thursday adopted a bill on the car pollution tax, which amends the first registration tax criticized by the Court of Justice of the European Union.

Ioana Tudor · 15.12.2011 · 18:54 · 1 min
Social/Politics

Deputies Raise Minimum Age For Possession Of Lethal Weapons To 25

Romania's Chamber of Deputies has adopted a bill raising the minimum age requirement for possession of lethal weapons to 25, from the current 18.

Radu Bostan · 05.12.2011 · 18:48 · 1 min
Social/Politics

Basescu Passes Law Postponing Until 2016 Court-Won Salary Rights

Romanian President Traian Basescu passed the law postponing until 2016 payments of salary rights public sector employees have won in court, the Presidency said Friday.

Ioana Tudor · 02.12.2011 · 17:02 · 1 min
Social/Politics

Parliament Adopts Stray Dog Bill

Romania’s Chamber of Deputies on Tuesday adopted with 168 votes in favor, 111 votes against and 14 abstentions a bill on stray dogs.

Ioana Tudor · 22.11.2011 · 13:44 · 1 min
Social/Politics

Basescu Passes Law Banning Usury

Romanian President Traian Basescu on Tuesday passed the law prohibiting usury.

Radu Bostan · 15.11.2011 · 17:31 · 1 min