REVISION
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Romanian Parliament Committees Approve 2011 Second Budget Revision
The Romanian Parliament’s committees for budget and finance on Tuesday approved this year’s second budget revision, which the Government decided on November 16.
Government Cuts Labor, Agriculture, Education Budgets, Gives More To Health, Transport
Romania's Government will reduce the budgets of the ministries of Labor, Agriculture, Education, Environment and Finance, and the Romanian Academy, but will give more money to Health, Transp...
Boc: Next Budget Revision To Give More To Health, Culture, Investments
Romanian Prime Minister Emil Boc said the government will revise the state budget next week at the latest, providing more funds to the ministries of Health, Culture and those running investm...
Health Minister Hopes 2nd Budget Revision To Allot RON1.2B To Healthcare
Romanian Health Minister Ladislau Ritli said Monday he hopes the ministry will receive 1.2 billion lei (about EUR276 million) at this year’s second budget revision to cover needs in the heal...
CFR SA's 2011 Loss Reduced To Less Than Half In Revised Budget
Romania's Transport Ministry wants to revise the 2011 budget of state railway company CFR SA, reducing its losses to less than half the initial estimate, i.e. to 350 million lei (EUR82 milli...
Tarom's Investment Budget Reduced 70%, To RON65M
The revised budget of Romanian state airline Tarom reduces its investment finances by 70% compared to the value approved earlier in the year, down to 65 million lei (EUR15 million) from RON1...
Romania To Raise Subsidy For CFR Calatori By 34%
Romania's Transport Ministry will ask the Government to increase the subsidy provided to state-owned railway company CFR Calatori by 34.3% compared to the value approved in April, to 1.37 bi...
CFR Marfa's 2011 Loss More Than Doubles, To RON192M
The losses of state-owned railway company CFR Marfa will increase 2.3 times this year, to 192 million lei (EUR45 million) from RON81.2 million, because the Government has not raised its capi...
CNADNR's Investment Budget Raised 26% To RON7.6B
Romania's Transport Ministry will ask the Government to raise the national road company's investment budget by 26%, to 7.59 billion lei (EUR1.78 billion), mainly for the Transylvania and Buc...