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PONTA

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Ponta: Romania Won’t Change Energy Royalty Rates Before 2014
Energy

Ponta: Romania Won’t Change Energy Royalty Rates Before 2014

Romanian Prime Minister Victor Ponta said Tuesday royalty rates for oil and natural gas must be changed, adding that this will not happen before 2014.

Ioana Tudor · 16.10.2012 · 19:19 · 1 min
Social/Politics

Opposition To Submit Simple Motion On Budget Next Week

Romania’s former finance minister Gheorghe Ialomitianu on Sunday said the opposition Democratic Liberal Party (PDL) will submit a simple motion on the state budget next week.

Ecaterina Craciun · 14.10.2012 · 18:52 · 1 min
Ponta Says Government Will Reallocate Funds To Further Restore Pensions, Public Wages, Allowances
Social/Politics

Ponta Says Government Will Reallocate Funds To Further Restore Pensions, Public Wages, Allowances

Romanian Prime Minister Victor Ponta on Sunday said the Government will reallocate funds in order to further restore pensions, public sector wages, allowances and keep public institutions ru...

Ecaterina Craciun · 14.10.2012 · 14:39 · 1 min
Ponta: Oltchim To Restart Some Units In November
Energy

Ponta: Oltchim To Restart Some Units In November

The employees of Romanian chemical company Oltchim (OLT.RO) may receive their unpaid wages in October, while in November certain units will gradually be restarted, Premier Victor Ponta said...

Manuela Panescu · 09.10.2012 · 13:49 · 1 min
Romania Seeks EC Permission To Offer Financial Support Of Up To EUR10M To Oltchim
Energy

Romania Seeks EC Permission To Offer Financial Support Of Up To EUR10M To Oltchim

Romania’s Government asked the European Commission to approve a loan of up to EUR10 million to chemical plant Oltchim Ramnicu Valcea (OLT.RO), Prime Minister Victor Ponta said Friday.

Ioana Tudor · 05.10.2012 · 18:55 · 1 min
Ponta Takes Over As Interim Health Minister
Social/Politics

Ponta Takes Over As Interim Health Minister

Romanian Prime Minister Victor Ponta will be taking over as interim health minister following the resignation of Vasile Cepoi Monday amid conflict of interest and corruption allegations, peo...

Oana Gavrila · 02.10.2012 · 12:47 · 1 min
Ponta Asks Economy Minister To Draft Special Administration Strategy At Oltchim
Energy

Ponta Asks Economy Minister To Draft Special Administration Strategy At Oltchim

Romanian Premier Victor Ponta Wednesday asked economy minister Daniel Chitoiu to draft the Government backup strategy by Monday deadline of signing the Oltchim (OLT.RO) sale deal by the winn...

Manuela Panescu · 26.09.2012 · 14:48 · 1 min
Ponta: Romania To Keep 16% Flat Tax Unchanged Until 2016
Banks-Insurance

Ponta: Romania To Keep 16% Flat Tax Unchanged Until 2016

Romanian Prime Minister Victor Ponta on Wednesday said the 16% flat tax will be kept unchanged between 2012 and 2016 or until the European Union sets a unitary taxation system.

Ecaterina Craciun · 20.09.2012 · 10:25 · 1 min
Oltchim Employees To Get Social Aid Of RON1,400 Each In Two Tranches
Social/Politics

Oltchim Employees To Get Social Aid Of RON1,400 Each In Two Tranches

The Romanian Government on Wednesday decided to grant emergency social aid of 1,400 lei (EUR310) to each employee of chemical plant Oltchim Ramnicu Valcea (OLT.RO), in two tranches.

Ecaterina Craciun · 19.09.2012 · 14:35 · 1 min