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APMGR Asks PM To Intervene In Decision For Differentiated Clawback Tax
Health

APMGR Asks PM To Intervene In Decision For Differentiated Clawback Tax

The representatives of the Association of Generic Medicine Producers in Romania (APMGR) asked Prime Minister Victor Ponta to get directly involved in removing the institutional deadlock whic...

Gabriela Stan · 11.06.2014 · 13:43 · 1 min
PM:All Restructuring Measures Have Been Taken For Oltchim To Become Feasible
Energy

PM:All Restructuring Measures Have Been Taken For Oltchim To Become Feasible

Romanian Prime Minister Victor Ponta Friday said that all restructuring measures have been taken so that insolvent chemical company Oltchim SA (OLT.RO) would become feasible, as it is eligib...

Gabriela Stan · 06.06.2014 · 15:25 · 1 min
PM: Romania Not To Levy New Taxes To Offset Planned Cut In Social Security Contributions
Macroeconomics

PM: Romania Not To Levy New Taxes To Offset Planned Cut In Social Security Contributions

Romanian Prime Minister Victor Ponta said Wednesday that the government will not impose new taxes to offset the planned lowering of the social security contributions.

Ecaterina Craciun · 04.06.2014 · 12:04 · 1 min
Romania To Raise 2014 Budget Deficit Target, PM Says
Macroeconomics

Romania To Raise 2014 Budget Deficit Target, PM Says

The Romanian government will raise its budget deficit target for this year to 2.4% of the gross domestic product to allow for more spending on defense programs, Prime Minister Victor Ponta s...

Florentina Dragu · 04.06.2014 · 11:42 · 1 min
Ponta: Electrica To Use IPO Proceedings For Infrastructure Project With Moldova
Energy

Ponta: Electrica To Use IPO Proceedings For Infrastructure Project With Moldova

Romanian Prime Minister Victor Ponta said Monday that the money raised from the planned initial offering of 51% in state-run energy distributor Electrica SA will be used by the company to de...

Florentina Dragu · 02.06.2014 · 14:04 · 1 min
Ponta Assures Biden Romania Will Boost Defense Budget To 2% Of GDP By 2016
Social/Politics

Ponta Assures Biden Romania Will Boost Defense Budget To 2% Of GDP By 2016

Prime Minister Victor Ponta has assured United States vice-president Joe Biden that Romania will allocate 2% of the gross domestic product “by 2016" to its defense sector.

Ecaterina Craciun · 21.05.2014 · 15:48 · 1 min
Romania Completes Work On Iasi-Ungheni Pipeline; Distribution Company Set Up By Fall
Energy

Romania Completes Work On Iasi-Ungheni Pipeline; Distribution Company Set Up By Fall

Romania has completed the construction of a natural gas pipeline linking the local city of Iasi to Ungheni city in the neighboring Republic of Moldova, Prime Minister Victor Ponta said Wedne...

Florentina Dragu · 30.04.2014 · 14:05 · 1 min
Social/Politics

Ponta Says Preliminary Data Show 3.2% Economic Growth In 1Q

Preliminary figures show Romania posted an economic growth of 3.2% in the first quarter, Prime minister Victor Ponta said Monday evening in a televised interview.

Oana Gavrila · 29.04.2014 · 10:26 · 1 min
Ponta: Romania To Introduce Tax Exemption On Reinvested Profit As Of July 2014
Macroeconomics

Ponta: Romania To Introduce Tax Exemption On Reinvested Profit As Of July 2014

Romania will introduce a tax exemption on reinvested profit starting July, 2014, on the basis of an emergency ordinance drawn up by the Finance Ministry, Prime Minister Victor Ponta said Tue...

Ecaterina Craciun · 15.04.2014 · 18:40 · 1 min