Social/Politics
Romanian MP Gigi Becali Gets Three-Year Prison Sentence In Land Swap Case
Romanian MP Gigi Becali was sentenced Monday to three years in prison in a land swap case involving former high-ranking officials of the Defense Ministry.
Romania May Grant 20% Higher Subsidies To Farmland Owners Who Rent Land To Active Farmers
Romanian owners of unexploited farmland who rent it to active farmers will receive European subsidies plus 20% of the aid starting 2014, European Commissioner for Agriculture Dacian Ciolos s...
Romania May Increase Minimum Area Of Farmland Eligible For EU Funding
Romania might increase the minimum area of land for which farmers receive European subsidies from 1 hectare to 1.5 hectares starting 2014, which will affect over 200,000 farmers, Agriculture...
GfK: Romanian Durable Goods Market Rose 4% In 1Q, To EUR349M
Romania’s durable consumer goods market rose 4% on the year to EUR349 million in the first quarter of 2013, according to a GfK Romania survey released Monday.
Hot Spring Season, Insufficient Rainfall Jeopardize Romania’s Fall Harvest
The abnormally hot spring season and insufficient rainfall are jeopardizing Romania’s entire fall harvest, namely EUR1.5 billion worth of wheat, barley and rapeseed crops, after all forecast...
Romania Extends Reverse Taxation System On Cereal, Despite EC’s Opposition
Romania’s Lower Chamber has recently approved an ordinance extending for another year the interval in which the country may apply reverse taxation on cereal, although the European Commission...
IMF, Romania Seek Solutions For CFR Marfa Sale
The International Monetary Fund is discussing with Romanian authorities on the steps to be taken after none of the investors interested in state-owned freight railway carrier CFR Marfa prequ...
Romania Sets Up Fund Granting Microloans Of Up To EUR75,000 To Farmers
Romania’s Agriculture Ministry will set up a fund to grant microloans of up to EUR75,000 to farmers, according to an emergency ordinance approved by the Government Wednesday.
Romania To Raise Welfare Starting July
Romania will increase the minimum guaranteed income and the family support allowance starting July 1, according to a decision approved by the Government Wednesday.