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Social/Politics

State Representatives Banned From Joining More Managing Boards, General Assemblies

Romania’s Government has decided state representatives will be allowed to be part of a single managing board or a single shareholders’ general assembly, banning them from being part of the d...

Ecaterina Craciun · 30.05.2012 · 14:57 · 1 min
Social/Politics

Employers To Pay Half Social Contributions By Hiring Youths Under 25 – Bill

A bill put forward to the Romanian Senate says employers who hire young people under 25 for at least three years would pay only 50% of their social contributions.

Radu Bostan · 30.05.2012 · 14:30 · 1 min
Social/Politics

Romania Might Tax Public Sector Wages Above EUR1000 By Extra 16%

Romania's Government is considering taxing public sector wages by an extra 16% for amounts in excess of 4,500 lei (EUR1000) per month, Prime Minister Victor Ponta said Tuesday.

Radu Bostan · 29.05.2012 · 20:13 · 1 min
Media

Self-Employed Romanians Earning Less Than EUR65,000 Per Year To Be Exempt From VAT Payments

Romania's Government will approve Wednesday an ordinance whereby self-employed people with income below EUR65,000 per year will be exempt from paying VAT, a decision that will affect artists...

Radu Bostan · 29.05.2012 · 19:24 · 1 min
Social/Politics

Government To Amend Finance Law Again, As Local Arrears Keep Growing

Romania's Government has completely missed the target for the reduction of local authority arrears in the first quarter, and the debts have even grown, indicating serious failures in the mon...

Radu Bostan · 29.05.2012 · 15:31 · 2 min
Short Deadlines For Romania's Electricity Market Deregulation Are Not Credible - Lawyer
Energy

Short Deadlines For Romania's Electricity Market Deregulation Are Not Credible - Lawyer

The short deadlines set for the deregulation of electricity prices in Romania are not credible and authorities have all the necessary means to delay the process, Stefan Botezatu, managing pa...

Ecaterina Craciun · 29.05.2012 · 14:45 · 1 min
Ponta To Address Parliament On June 12
Social/Politics

Ponta To Address Parliament On June 12

Romania’s Parliament will hold a plenary session on June 12 during which Prime Minister Victor Ponta will address lawmakers on EU issues, said minister-delegate Mircea Dusa.

Oana Gavrila · 29.05.2012 · 13:54 · 1 min
Energy

Economy Minister Signs RON150M Contracts For Energy Investments

Romanian Economy Ministry Daniel Chitoiu signed Tuesday two non-reimbursable financing contracts targeting to build a hydroelectricity plant in Arges county, southern Romania, and a cogenera...

Ioana Tudor · 29.05.2012 · 12:12 · 1 min
Social/Politics

Ponta Appoints New Head At Mineral Resources Agency

Romanian Prime Minister Victor Ponta has appointed Gheorghe Dutu to the position of president of the National Mineral Resources Agency ANRM.

Ecaterina Craciun · 29.05.2012 · 11:44 · 1 min