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Romania To Lift Cogeneration Tax On Electricity Exports
Energy

Romania To Lift Cogeneration Tax On Electricity Exports

Romania plans to eliminate its cogeneration tax on electricity exports and to keep natural gas prices for industrial consumers at the level established in early January, Prime Minister Victo...

Florentina Dragu · 24.03.2014 · 17:15 · 1 min
PM: Government To Seek Confidence Vote On New Political Program
Social/Politics

PM: Government To Seek Confidence Vote On New Political Program

Romania’s Prime Minister Victor Ponta said the new Government will seek a confidence vote in Parliament on a new political program that brings changes to the governing program.

Ecaterina Craciun · 05.03.2014 · 18:40 · 1 min
Liberal Ministers Resign, PM To Present New Cabinet Next Week
Social/Politics

Liberal Ministers Resign, PM To Present New Cabinet Next Week

Liberal Cabinet ministers, state secretaries and heads of government agencies have tended their resignations and social democrat Prime Minister Victor Ponta said he would present a new Cabin...

Oana Gavrila · 26.02.2014 · 11:38 · 1 min
Government To Guarantee 80% Of A Romanian Company’s Investment In Moldova
Social/Politics

Government To Guarantee 80% Of A Romanian Company’s Investment In Moldova

Government will guarantee 80% of each Romanian company’s investment in the Republic of Moldova, assigning 1 billion lei (EUR20.4 million) in this respect for 2014, Prime Minister Victor Pont...

Gabriela Stan · 21.02.2014 · 15:07 · 1 min
Ponta Sacks CEC Bank’s Chief
Banks-Insurance

Ponta Sacks CEC Bank’s Chief

Radu Ghetea will be dismissed as head of Romania’s state-run CEC Bank, Prime Minister Victor Ponta said Thursday.

Florentina Dragu · 20.02.2014 · 14:44 · 1 min
PM: Government To Approve Law On Capping Cash Payments, Bank Fees Next Week
Banks-Insurance

PM: Government To Approve Law On Capping Cash Payments, Bank Fees Next Week

The Romanian government will most likely approve the draft law on capping cash payments and bank fees next week, Prime Minister Victor Ponta stated, adding that he had talks in this respect...

Gabriela Stan · 05.02.2014 · 15:00 · 1 min
IMF Expects Romania’s Debt Relief Program To Boost Lending, Consumption - PM
Banks-Insurance

IMF Expects Romania’s Debt Relief Program To Boost Lending, Consumption - PM

The International Monetary Fund expects Romania’s stimulus package for bank debtors will jump-start lending recovery and boost domestic consumption, Romanian Prime Minister Victor Ponta said...

Florentina Dragu · 04.02.2014 · 14:21 · 1 min
Romania Might Postpone Raising Excise On Diesel Fuel Another Three Months
Energy

Romania Might Postpone Raising Excise On Diesel Fuel Another Three Months

Romania's government is considering postponing the introduction of a higher excise tax on diesel fuel by another three months if the option is proven economically viable, Prime Minister Vict...

Oana Gavrila · 29.01.2014 · 13:30 · 1 min
Ponta: CVM Report On Romania Shows Huge Progress, Regardless Of “Political Speculations”
Social/Politics

Ponta: CVM Report On Romania Shows Huge Progress, Regardless Of “Political Speculations”

Prime Minister Victor Ponta said he thinks the European Commission’s latest Cooperation and Verification Mechanism (CVM) report released Wednesday shows that Romania has made huge progress,...

Ecaterina Craciun · 22.01.2014 · 15:12 · 1 min