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Opposition Submits No-Confidence Motion
Social/Politics

Opposition Submits No-Confidence Motion

Romania’s opposition Social Liberal Union on Wednesday submited a no-confidence motion in Parliament, in a bid to oust the Government led by Prime Minister Mihai Razvan Ungureanu.

Ioana Tudor · 18.04.2012 · 16:50 · 1 min
Roads Authority To Spend EUR9M To Extend System Issuing Road Toll Stickers
Automotive

Roads Authority To Spend EUR9M To Extend System Issuing Road Toll Stickers

Romania’s roads and highways company (CNADNR) will spend 39.23 million lei (about EUR8.9 million), VAT excluded, on extending nationwide the IT system that issues road toll stickers, which m...

Ioana Tudor · 18.04.2012 · 14:10 · 1 min
EBRD Invests EUR16M To Upgrade Water Supply Network In C Romania
Banks-Insurance

EBRD Invests EUR16M To Upgrade Water Supply Network In C Romania

The European Bank for Reconstruction and Development on Wednesday said it has extended a EUR15.9 million loan to Aquaserv S.A. water utility company to improve water services in Mures and Ha...

Florentina Dragu · 18.04.2012 · 13:59 · 1 min
NNDKP Partner Dragos Doros Appointed State Secretary In Finance Ministry
Social/Politics

NNDKP Partner Dragos Doros Appointed State Secretary In Finance Ministry

Dragos Doros, formerly director within Romania's Finance Ministry and currently partner in the tax department of law firm Nestor Nestor Diculescu Kingston Petersen, returns to the Finance Mi...

Radu Bostan · 18.04.2012 · 13:26 · 1 min
Antitrust Body To Notify Consumer Protection Body Of Car Dealers’ Abusive Practices
Automotive

Antitrust Body To Notify Consumer Protection Body Of Car Dealers’ Abusive Practices

Romania’s Competition Council will notify the Consumer Protection Authority regarding abusive practices by car dealers who are forcing clients to have their cars mended only at their repair...

Ecaterina Craciun · 18.04.2012 · 12:10 · 1 min
Romania Wants A New EUR1B Loan From World Bank
Banks-Insurance

Romania Wants A New EUR1B Loan From World Bank

Romania wants a new safety net from the World Bank – a EUR1 billion line of credit that would allow the Finance Ministry to cover financing needs if turmoil intensifies on the financial mark...

Radu Bostan · 18.04.2012 · 00:00 · 2 min
Sorin Blejnar Dismissed As Head Of ANAF
Social/Politics

Sorin Blejnar Dismissed As Head Of ANAF

Sorin Blejnar was dismissed Tuesday from the position of president of Romania's tax authority, ANAF, after a discussion with Prime Minister Mihai Razvan Ungureanu, the Government informs.

Radu Bostan · 17.04.2012 · 18:03 · 1 min
Basescu Passes Law Introducing Extended Confiscation Of Wealth
Social/Politics

Basescu Passes Law Introducing Extended Confiscation Of Wealth

Romanian President Traian Basescu on Tuesday signed into law a bill introducing extended confiscation of wealth, the Presidency said in a press release.

Ioana Tudor · 17.04.2012 · 16:00 · 1 min
Social Liberal Union To Submit No-Confidence Motion Wednesday
Social/Politics

Social Liberal Union To Submit No-Confidence Motion Wednesday

Romania’s opposition Social Liberal Union will submit a no-confidence motion in Parliament Wednesday afternoon, in a bid to overthrow the center-right government, social democrat leader Vict...

Oana Gavrila · 17.04.2012 · 13:44 · 1 min