Social/Politics
Romanian Cabinet Approves 2016 State Budget Plan
Romania's government on Wednesday approved the state budget plan for next year, which targets a budget deficit of 2.8% of gross domestic product and considers an economic growth projection o...
Romania 2016 Budget Targets Deficit of 2.8% of GDP
Romania's 2016 state budget draft considers a deficit of 2.8% of gross domestic product, within the EU limit of 3%, to accommodate tax cuts and wage raises passed by the previous government.
Romanian President Signs Public Sector Wage Raise Bill Into Law
Romanian President Klaus Iohannis on Tuesday signed off on a bill raising wages across the public sector by 10%.
Romania's 2016 Budget Drafted on 2.95% ESA Deficit, 4.1% Economic Growth
Romania's state budget for 2016, drafted by the country's former government, is built on an ESA deficit of 2.95% of gross domestic product and a cash deficit of 2.8% of GDP, and considers ec...
Romgaz Extends Contract With ELCEN Until Dec 15, Mulls Debt Rescheduling Agreement
Gas producer Romgaz has extended by one more month, until December 15, the natural gas supply contract with state-run electricity and thermal power producer Electrocentrale Bucuresti (ELCEN)...
Romanian Technocratic Cabinet Secures Parliament Confidence Vote
Romanian Prime Minister-designate Dacian Ciolos' proposed Cabinet of technocrats secured a confidence vote in Parliament Tuesday for a limited one-year term, until the country holds a genera...
Romanian PM-Designate Announces Technocrat Cabinet
Romania's prime minster-designate Dacian Ciolos on Sunday announced his proposed Cabinet and will seek a confidence vote in Parliament next week.
Romanian Parliament Adopts Public Sector Wage Hikes
Romania's lower house of Parliament Wednesday adopted a government emergency decree raising wages in the public health care sector by 25%, along with an amendment to give a 10% raise to all...
PM-Designate Dacian Ciolos Plans To Build A Bridge Between Government And Civil Society
Romania’s Prime Minister-designate Dacian Ciolos on Tuesday said he plans to build a bridge between the government administration and the civil society and to work closely with the political...