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STATE BUDGET

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EXCLUSIVE: Romania To Spend Over RON63B On 115 Investment Projects In Upcoming Years
Social/Politics

EXCLUSIVE: Romania To Spend Over RON63B On 115 Investment Projects In Upcoming Years

The Romanian Government has drawn up a list of 115 public investment projects which are a priority for the 2015 state budget and entail total funds of over RON63 billion in upcoming years.

Ecaterina Craciun · 27.11.2014 · 15:30 · 1 min
Beer Market Contraction In 1H Triggers RON60M Loss To State Budget – Brewers
Retail&Consumer

Beer Market Contraction In 1H Triggers RON60M Loss To State Budget – Brewers

The 9% decrease of the local beer market in the first six months of the year triggered losses worth 60 million lei (EUR13.6 million) to the state budget, Romanian Brewers Association announc...

Gabriela Stan · 07.10.2014 · 12:53 · 1 min
Romania Has Just 4 New Projects Among This Year’s Priority Investments
Analysis

Romania Has Just 4 New Projects Among This Year’s Priority Investments

Romania’s 20 priority investments for this year have a total budget of around EUR1.1 billion, but only four of these refer to new projects set to receive around EUR160 million in 2014.

Catalina Apostoiu · 02.04.2014 · 00:00 · 3 min
Romania’s Government Fully Aware Of Low VAT Collection, Inability To Fight Tax Evasion
Macroeconomics

Romania’s Government Fully Aware Of Low VAT Collection, Inability To Fight Tax Evasion

Romania expects VAT collection to rise by just 3.4% in 2014, up to RON54.6 billion, while total budget revenues are expected to go up by nearly 5% to RON216.8 billion. These forecasts, inclu...

Ecaterina Craciun · 03.12.2013 · 09:40 · 1 min
State-Run Companies To Contribute 85% Of Profit To State Budget In 2014
Energy

State-Run Companies To Contribute 85% Of Profit To State Budget In 2014

Romanian state companies will continue to contribute 85% of their profit to the state budget in 2014, Minister-delegate for Energy Constantin Nita said Friday.

Ioana Tudor · 01.11.2013 · 12:52 · 1 min
Businesspeople In Romania Start Drafting Firms’ Budgets For 2014
Macroeconomics

Businesspeople In Romania Start Drafting Firms’ Budgets For 2014

Businesspeople in Romania have started to draft next year’s budgets for their companies, but they cannot use the country’s 2014 draft budget as reference point because the latter will be fin...

Ecaterina Craciun · 24.10.2013 · 09:51 · 2 min
State Budget To Be Sent To Parliament For Approval By November 15 - Bill
Banks-Insurance

State Budget To Be Sent To Parliament For Approval By November 15 - Bill

Romania’s Government wants to extend by a month the deadline by which the annual state budget must be sent to the Parliament for approval.

Ioana Tudor · 29.11.2012 · 19:52 · 1 min
Ambulance Service Might Be Financed From State Budget, Through Health Ministry
Social/Politics

Ambulance Service Might Be Financed From State Budget, Through Health Ministry

Romania’s public ambulance service might be financed from the state budget, through the Health Ministry, instead with funds from the National Health Insurance House (CNAS), Health Minister V...

Ioana Tudor · 05.06.2012 · 13:57 · 1 min
Analysis

Opinion: The Government Change Doesn’t Bring More Money To The Budget Overnight

In 10 days, new ministers will come to the Victoria Palace - the headquarters of the Romanian government, but Romania’s economic parameters remain the same: budget revenues were at an all-ti...

Ecaterina Craciun · 30.04.2012 · 00:00 · 4 min