PROPERTY
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Ponta Asks Lawmakers For Confidence Vote On Property Restitution Bill
Romanian Prime Minister Victor Ponta is presenting lawmakers with the government’s new property restitution bill, seeking a confidence vote for it to be adopted bypassing lengthy parliamenta...
Property Restitution In Romania Fueled Real Estate Mafia Instead Of Making Historical Reparations
Romania’s Government considers the restitution of property nationalized under the communist regime has degenerated into a major real estate deal from the historical reparation it was suppose...
Government To Seek Confidence Vote On Property Restitution Bill Wednesday
Romania’s Government will seek a confidence vote in Parliament next Wednesday on a new bill regulating the restitution of property nationalized by the former communist regime.
Stake Of New Property Restitution Law: EUR11B Worth Of Land And Forests
Land owned by research institutes and half of Romania’s forests worth about EUR11 billion euros together are the huge stake of the new property restitution law.
Property Taxes To Grow For Commercial Spaces
The Romanian Government had pledged to the International Monetary Fund to change the calculation method of tax on property by July, which will be set based on the destination and not as diff...
Cabinet To Seek Confidence Vote On Property Restitution Bill By April
Romanian Government will seek a confidence vote in Parliament by April to pass a bill regulating the restitution of nationalized property, Minister-delegate for Budget Liviu Voinea said Wedn...
New Insurers Want To Join Mandatory Private Insurance Providers PAID
Omniasig, Allianz-Tiriac and Asirom - the three major insurers which are not part of the scheme that covers against natural hazards - are negotiating their entry into the shareholder structu...
Banks Put Foreclosed Properties Up For Sale To Rush Loss Recovery
Bankers have lost their patience with the customers falling behind with their payments and are trying to speed up recovery of the losses by putting thousands of houses and apartments foreclo...
ECHR Allows 9-Month Extension For Romania To Amend Laws On Nationalized Property
The European Court of Human Rights has accepted Romania’s request to extend by nine months the deadline to amend its law on nationalized property, Justice Minister Titus Corlatean told MEDIA...