RESTRICTIONS
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Central Bank Clears Foreign-Held Banks In Romania to Pay Dividends to Stakeholders
Romania’s central bank has cleared banks in Romania, some of which are controlled by foreign financial groups from countries such as Austria, France, Italy, the Netherlands and Greece, to pay dividends to shareholders following a multi-year hiatus imposed by t...
Turkey and Greece Restrictions Lift Romanian Seaside Demand
The new travel restrictions, namely the inclusion of Greece, France and Spain on the red list and of Turkey on the yellow list, are significantly pushing up demand for the Romanian seaside.
Sphera Franchise Group Restricts Restaurant Operations In Romania Amid Coronavirus Outbreak
Sphera Franchise Group (SFG.RO), which manages restaurants under the KFC, Pizza Hut and Taco Bell brands, announced the closure of part of the restaurants in its portfolio, in Romania, follo...
Romania Relaxes Conditions For Farmland Acquisition By Foreigners
The Romanian Government has decided to eliminate some of the restrictions currently imposed on foreign citizens willing to purchase farmland in Romania starting January 1, 2014.
EC: Nine EU States Keep Work Restrictions For Romanians
Nine of the eleven EU member states that applied work restrictions for Romanians informed the European Commission in time that they will not open their labor markets yet.
Italy To Lift Labor Market Restrictions For Romanians, Bulgarians In 2012
Italy has decided to lift all labor market restrictions for Romanians and Bulgarians on December 31, 2011, the Romanian Labor Ministry said Thursday.
EP Approves Resolution On Lifting Work Restrictions For Romanians, Bulgarians
The European Parliament (EP) has approved a resolution regarding the free movement of Romanian and Bulgarian workers in the European Union.
Lending Will Be Weak Next Year Either Way - Austrian Banks
Lending will not grow significantly next year anyway because of the overall economic environment, so the lending restrictions of local Austrian-owned banks will not be reflected at market le...
UK Extends Labor Restrictions For Romanians And Bulgarians Until End-2013
Controls to restrict how Romanian and Bulgarian nationals access the UK labor market will be extended until the end of 2013, British Immigration Minister Damian Green announced Wednesday, th...