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Tax Authority To Start Checkups On 400 High Wealth People This Year
Social/Politics

Tax Authority To Start Checkups On 400 High Wealth People This Year

Sorin Blejnar, recently placed in charge of the department for the investigation of large wealth within Romania’s tax authority ANAF, told in an interview for MEjavascript:;DIAFAX, that the...

Ecaterina Craciun · 19.04.2012 · 16:37 · 1 min
Opposition Gains Majority In Senate
Social/Politics

Opposition Gains Majority In Senate

Romania’s opposition Social Liberal Union has gained majority in Senate after Mihaela Popa, member of the ruling Democratic Liberal Party, switched to the opposition Liberal Party.

Ecaterina Craciun · 19.04.2012 · 11:54 · 1 min
Romania Has Until End-June To Meet Conditions To Avoid Suspension Of Five EU-Funded Programs
Social/Politics

Romania Has Until End-June To Meet Conditions To Avoid Suspension Of Five EU-Funded Programs

Romanian authorities have until the end of June to take steps to avoid the suspension of financing for five EU-funded operational programs, European Affairs Minister Leonard Orban said Thurs...

Ioana Tudor · 19.04.2012 · 11:54 · 1 min
Roman Copper Corp Enlists Big Names In Battle Over Cupru Min
Companies

Roman Copper Corp Enlists Big Names In Battle Over Cupru Min

The winner of the Cupru Min privatization auction, Roman Copper Corp, has hired one of Romania’s top law firms, NNDKP, run by Ion Nestor, in a desperate attempt to resume talks about the tak...

Radu Bostan · 19.04.2012 · 00:00 · 1 min
Housing Agency To Build Homes For Rent With Private Capital
Real Estate

Housing Agency To Build Homes For Rent With Private Capital

Private investors may finance the construction by Romania's National Housing Agency (ANL) of homes for rent, after the Government approved a program for housing using private capital.

Radu Bostan · 18.04.2012 · 19:17 · 1 min
RMGC Wins New Case Contesting 2010 Urbanism Certificate For Rosia Montana Mining Project
Social/Politics

RMGC Wins New Case Contesting 2010 Urbanism Certificate For Rosia Montana Mining Project

The Cluj Court has rejected an action filed by two non-governmental organizations requesting the cancellation of the urbanism certificate issued in 2010 for the gold mining project in Rosia...

Ioana Tudor · 18.04.2012 · 18:53 · 1 min
OMV Demands RON92M From Romania In International Arbitration Court
Energy

OMV Demands RON92M From Romania In International Arbitration Court

Austrian group OMV, the majority shareholder of Romanian oil company OMV Petrom, has filed a claim against the Romanian state with the International Court of Arbitration in Paris, demanding...

Radu Bostan · 18.04.2012 · 18:31 · 1 min
Romania Keeps 2015 As Target For Euro Zone Accession
Banks-Insurance

Romania Keeps 2015 As Target For Euro Zone Accession

Romania maintains its objective of joining the euro zone in 2015, by entering the ERM II in 2013-2014 and reducing the structural deficit to less than 0.7% of the GDP by 2014, according to t...

Radu Bostan · 18.04.2012 · 18:15 · 1 min
US Ambassador To Romania Worried About Standstill In Privatizations
Companies

US Ambassador To Romania Worried About Standstill In Privatizations

US Ambassador to Bucharest Mark Gitenstein Wednesday expressed concern over a seeming standstill in the Romanian privatization process, saying the government should resume their efforts to a...

Florentina Dragu · 18.04.2012 · 17:34 · 1 min