Social/Politics
Bucharest’s Transport Authority Willing To Buy Energy At Prices Higher Than On Power Exchange
Bucharest’s public transport authority RATB wants to buy EUR9 million worth of electricity at a price of 368 lei (EUR83) per MWh, 60%-70% higher than that of energy sold on the Romanian powe...
Where Is The Leu Exchange Rate Going?
The leu depreciated on Friday to a historic low, only to fall to a fresh low of 4.437 per euro on Monday and Romanians with installments to pay in euros are looking fearfully at the rates di...
Romania To Raise Public Sector Wages By 8% On June 1 And 7.4% On Dec 1 - Draft
Romania's Labor Ministry has put up for public debate a draft ordinance raising salaries in the public sector by 8% as of June 1 and by a further 7.4% as of December 1.
Ponta Says Electoral Threshold For Parliament To Be Removed By Lower House
Romanian Prime Minister Victor Ponta said Monday the electoral threshold requirement will be removed from the bill regulating parliamentary elections through an amendment to be introduced by...
Ponta: The 1.5% Economic Growth Not Sufficient, Romania Must Find Other Markets Than The EU
Prime Minister Victor Ponta is still hopeful that the official economic growth rate of 1.5% in 2012 will prove realistic and believes an optimal GDP growth rate in order for Romania to at le...
Ponta: Government Wants To Cut Social Security Contributions For Employers In 2013
Romania’s Government plans to reduce social security contributions by 5 percentage points for employers next year and keep the flat tax unchanged at 16% for companies, Prime Minister Victor...
Ponta: Government Stopped Financing Infrastructure Development Program
The Romanian Government decided to terminate the National Infrastructure Development Program (PNDI) and stop financing works carried out through the program, Prime Minister Victor Ponta told...
Government Wants To Recover RON300M From City Halls Run By Democrat Liberals
Romania’s Government wants to recover the money allotted by the former administration to local authorities controlled by democrat liberals, and limit acquisition and travel costs to ensure t...
Romania Under Yellow Code Alert For Heavy Rain On Sunday-Monday
Romanian meteorologists have issued a yellow code warning expecting heavy rain, gusty wind and hail from Sunday at 2 a.m. until Monday at 10 a.m. for most of the country’s regions.