LEGISLATION
26 articole · RSS
Romanian Businessmen Association Calls For Clear Political Stand On Legislation
The Romanian Businessmen Association, or AOAR, is calling on politicians, at least those within the ruling coalition, to voice out a clear stand meant to show whether they assume the governm...
S&P: Romania’s Potential Amendments To Covered Bond Legislation Can Strengthen Investor Protection
The Romanian Government's potential amendments to the country's covered bond legislation, if adopted, could strengthen investor protection in the case of the issuer's insolvency, Standard &...
General Electric Official Calls For Clearer Legislation In Romania
Romania needs to work on clearer legislation, as investors need long term perspectives, said Wednesday John Rice, president and CEO of of General Electric Global Growth and Operations.
Foreign Investors: Taxes Introduced This Year Didn't Have Desired Effects
The special construction tax and higher excises on fuels introduced this year did not produce the government's desired effects, as they were adopted without impact studies or consultations w...
Romania Lacks Vision For Energy System Development, Legal Expert Says
Romania should reintroduce bilateral electricity trading contracts, needed to finance investments in its energy sector, as it lacks a vision for the development of its energy system, Andreea...
ACC Producers Say Legislation Is Becoming Restrictive For Construction Sector
Producers of autoclaved cellular concrete (ACC) say 2013 did not bring a recovery in the construction sector and some of the measures authorities adopted, such as a higher fuel excise and a...
Cash Payments Between Firms And To Private Individuals To Be Capped To RON2,000/Day
Cash payments between firms and toward private individuals will be capped to 2,000 lei (EUR441) per day, from RON10,000/day currently, according to a draft ordinance obtained by Mediafax.
Financial Watchdog Pledges To Amend Capital Market Regulations
Romania’s capital market is dominated by "all kinds" of interests and the pile of regulations in the field, which date back to the 1990s, will be amended, Mircea Ursache, vice-president of t...
Romania’s New Insolvency Code Solves None Of Current Legislative Flaws - Investors
The main flaws in Romania’s current legislation on insolvency concern the duration of proceedings, a low debt recovery rate and high costs, which the newly adopted regulations on insolvency...