VOSGANIAN
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Romanian Economy Minister Varujan Vosganian Resigns
Romanian Economy Minister Varujan Vosganian has resigned from the Cabinet Monday after senators voted against lifting his immunity to allow prosecution.
Vosganian: Romania Must Retain Majority Control Only Over Strategic Companies
Economy Minister Varujan Vosganian Thursday said the Romanian state must come to hold majority control only over several companies in the energy and defense sectors by 2016.
Minister: Romania Must Give Foreign Firms Reasons To Keep Investing Locally
Romanian authorities must give foreign investors reasons to keep investing locally and the pharmaceutical industry can help recover the gap created by the gradul decline in foreign direct in...
Vosganian: Energy Consumption Will Stabilize At 45-50 TWh A Year
Romanian annual electricity consumption will likely stabilize around 45 to 50 terawatt-hours over the next few years, Economy Minister Varujan Vosganian said Thursday.
Vosganian: Romania 2013 Trade Gap May Shrink To 3%-4% Of GDP
Romania’s trade deficit could narrow to 3% to 4% of the gross domestic product in 2013, helped by rising exports, Economy Minister Varujan Vosganian said Tuesday.
Minister: Romania’s Banking System Needs Restructuring
The Romanian banking system needs be downsized and banks should reevaluate their costs, fees and interest rates, said Economy Minister Varujan Vosganian.
Vosganian Says Current VAT, Social Contributions Hinder Romania’s Economic Growth
Economy Minister Varujan Vosganian on Thursday said Romania will never post an annual economic growth above 4% unless it changes its sales tax and social security contributions.
Vosganian: Privatization Announcement For Chemical Plant Oltchim To Be Published Monday
Romanian Economy Minister Varujan Vosganian said Thursday the privatization announcement for insolvent state-run chemical plant Oltchim Ramnicu Valcea would be published Monday, June 3.
Vosganian Voices Out Support For Romania's Nuclear Power Production Program
Economy Minister Varujan Vosganian said he supports the continuation of the nuclear power production program in Romania and the fact that planned investments in building two new reactors at...