LEGISLATION
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Romania To Alter Renewable Energy Support - Minister
Romania will change the renewable power regulations regarding the number of certificates granted for green energy, the country’s energy minister said Thursday.
Real Estate Consulting Firms In Romania Required To Set Up Property Valuation Companies
Real estate consulting firms in Romania, owned by international realty groups, can no longer do property valuations unless they set up new companies with more than half of shareholders or as...
PM And FinMin: We Are Not Increasing Taxes. We Could Have Economic Growth
The exchange rate could return below RON4.5 to the euro after the “calming and the clarifications on the political scene,” and the economy could return to growth in the second quarter. As fa...
Private Pension Assets To Be Transferred To Conservative Funds 10 Years Before Retirement
Private pension contributions amassed in pension funds on Pillar II (mandatory private pensions) will be transferred to funds with low-risk investments 10 years before the contributor retire...
Healthcare May Have A New Law
The emergence of private health insurance houses, the possibility of selling state-owned hospitals, new regulations in the case of malpractice insurance, a basic services packages of EUR200...
MP Drafts Law Banning Romania’s Would-Be Natural Gas Exports
Romanian leftist MP Iulian Iancu told an energy conference Tuesday that he has submitted a draft law banning natural gas exports, even though Romania is physically unable to unfold such expo...
Romania's New Labor Code To Enter Force On April 30
Romania's new Labor Code was published Thursday in the Official Journal and will enter force on April 30.
Foreign Investors Ask Romania For Quicker Legislation Updates
The Foreign Investors Council on Wednesday asked Romanian authorities for a speedier implementation of renewable energy legislation and a stable and predictable legal frame, saying that othe...