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Social/Politics

Local Administration’s Debt Doubles In Three Years To EUR3B

From next to zero ten years ago, the debt of the public administration has reached 13.7 billion lei (EUR3 billion), practically doubling in 3-4 years’ time. This deepens the public debt, whi...

Radu Bostan · 24.04.2012 · 00:00 · 1 min
Opposition’s No-Confidence Motion To Be Read Out Monday, Put To The Vote Friday
Social/Politics

Opposition’s No-Confidence Motion To Be Read Out Monday, Put To The Vote Friday

The Romanian Opposition’s no-confidence motion to overthrow the Government led by Prime Minister Mihai Razvan Ungureanu will be read out in Parliament Monday at 6 p.m., and will be debated a...

Ioana Tudor · 23.04.2012 · 16:18 · 1 min
Social/Politics

Romania To Ask ECHR For Extra Six Months To Adopt Law On Nationalized Property

Romania's Government and the European Court of Human Rights will discuss a delay of at least six months for the amended law on nationalized property, which is due by July this year, to allow...

Radu Bostan · 23.04.2012 · 16:08 · 1 min
Romania Might Need RON650M To Return Healthcare Contributions On Pensions Lower Than RON740
Social/Politics

Romania Might Need RON650M To Return Healthcare Contributions On Pensions Lower Than RON740

The Romanian Government is analyzing the situation generated by a decision of the Constitutional Court, whereby only Romanians earning pensions higher than 740 lei (EUR169) can be charged a...

Ioana Tudor · 23.04.2012 · 15:54 · 1 min
Government Pledges To Provide Electricity To All Remote Villages, Estimates Costs At EUR226M
Energy

Government Pledges To Provide Electricity To All Remote Villages, Estimates Costs At EUR226M

The Romanian Government pledges again to provide electricity to all households and remote villages countrywide, and has extended the rural electrification program until 2016.

Ioana Tudor · 23.04.2012 · 13:42 · 1 min
Agriculture Minister Says Tax On Farming Machines Will Be Scrapped
Automotive

Agriculture Minister Says Tax On Farming Machines Will Be Scrapped

Romanian Agriculture Minister Stelian Fuia on Monday said the tax on registered farming machines will be eliminated through the amendments that will be brought to the Tax Code.

Ecaterina Craciun · 23.04.2012 · 12:17 · 1 min
Romania Continues To Borrow Money From Treasury For EU-Funded Projects
Banks-Insurance

Romania Continues To Borrow Money From Treasury For EU-Funded Projects

Romania’s Government will borrow 500 million lei (EUR114 million) from the state treasury to cover payments in the second quarter of the year for the EU-funded regional operational program “...

Oana Gavrila · 23.04.2012 · 11:49 · 1 min
Battle Starts Over EUR40B Stake Of Local Administration Spending
Social/Politics

Battle Starts Over EUR40B Stake Of Local Administration Spending

The annual spending of the local administration amounts to EUR10 billion, which means EUR40 billion in the four-years term in office of the administration - this is the huge stake of the Jun...

Radu Bostan · 23.04.2012 · 00:00 · 1 min
Social/Politics

Transport Ministry Reports Archaeological Discovery On Site Of Orastie-Sibiu Highway

Romania's Ministry of Transport on Sunday announced the discovery on the site of the Orastie-Sibiu highway of a cache of bronze and iron pieces dating from the Iron Age.

Radu Bostan · 22.04.2012 · 15:48 · 1 min