Social/Politics
What Lies Behind Figures: Pharmaceutical Market Troubled Even When Sales Rise 20%
More than ten executives on the pharmaceutical market packed their bags in the last year, companies’ profit margins have been cut by the overtaxation imposed by the government, and drug refu...
Government Plans To Raise Diesel, Cigarette Duties Next Year
Romanian authorities plan to raise excise duties on diesel fuel and cigarettes again next year, with the higher taxes on tobacco to last at least until 2015, says a government document.
Romania To Follow Public Sector Wage Raise With Restrictions On Personnel Expenses
Romanian authorities will follow the upcoming salary raise in the public sector by restricting spending on wages in the next three years, says a government document.
Romania Raises Subsidies For Poultry, Pig Welfare By Redistributing Funds
Romania's Government has increased the state aid for poultry and pig welfare to 253.6 million lei (EUR56.8 million) and RON204.9 million, respectively, to cover demand.
Government Approves Construction Of Gas Pipeline Link To Moldova
Romania's Government on Wednesday approved the construction of a pipeline linking the Romanian and Moldovan natural gas transport systems, between Iasi and Ungheni, Prime Minister Victor Pon...
Retired Military Staff Won’t Have To Return Difference After Pension Recalculation
Romania’s Prime Minister Victor Ponta on Wednesday said retired military staff and police officers will no longer have to return, starting June, the money difference resulted from the recalc...
Romania Allots EUR1.9M To Compensate Farmers For Snow-Damaged Crops
The about 3,000 Romanian farmers whose crops have been damaged by heavy snowfalls in January and February will receive state aid capped at EUR7,500 per beneficiary, Agriculture Minister Dani...
Government Allows Posta Romana To Reschedule Debts To State Institutions
Romanian state-owned postal company Posta Romana was allowed to rethink the payment of debts to state institutions to avoid entering insolvency, according to a decision approved by the Gover...
Romania Drops Plan To Tax Each Profitable Market Transaction, Applies Yearly Profit Tax
The Romanian Government renounced its plan to tax each profitable capital market transaction, highly criticized by the market players, and decided to introduce a yearly tax on profitable tra...