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Romanian’s EU Fund Absorption Rate Up 0.75% In February To 6.3%
Social/Politics

Romanian’s EU Fund Absorption Rate Up 0.75% In February To 6.3%

Romania’s structural and cohesion fund absorption rate increased by 0.75% in February to 6.30%, according to data published Wednesday by the Ministry for European Affairs.

Ioana Tudor · 14.03.2012 · 16:00 · 2 min
Romania Sets Calendar For Energy Deregulation, Cancels Social Tariffs
Energy

Romania Sets Calendar For Energy Deregulation, Cancels Social Tariffs

The Romanian government will deregulate electricity tariffs for both industrial and household clients in several steps starting with this fall, as part of a stand-by loan agreement signed wi...

Florentina Dragu · 14.03.2012 · 14:16 · 1 min
Social/Politics

Healthcare Copayment From Pensioners Earning Over RON740 Ruled Constitutional

Romanians earning pensions greater than 740 lei (EUR170) can be charged 5.5% copayment for certain medical services, per a Constitutional Court ruling.

Radu Bostan · 14.03.2012 · 13:53 · 1 min
Economy Minister Names Upcoming Private Management Targets
HR

Economy Minister Names Upcoming Private Management Targets

Private managers will firstly be installed at state-run companies Oltchim (OLT.RO), Romarm and Hidroelectrica, and then to Electrica Furnizare, Economy Minister Lucian Bode said Wednesday af...

Andrei Cîrchelan · 14.03.2012 · 12:22 · 1 min
Agriculture Ministry Eyes Setting Up Land Bank
Social/Politics

Agriculture Ministry Eyes Setting Up Land Bank

Romania’s Agriculture Ministry is working on a project to set up a land bank which will have pre-emption right to purchase farmlands to further merge, lease or sell them, Agriculture Ministe...

Ecaterina Craciun · 14.03.2012 · 11:15 · 1 min
Agriculture Ministry To Absorb EUR1B In EU Funds In 1Q
Social/Politics

Agriculture Ministry To Absorb EUR1B In EU Funds In 1Q

Romania’s Agriculture Ministry targets absorbing EUR1 billion in EU funds in the first quarter of the year and plans to attract EUR2.5 billion this year, minister Stelian Fuia told a seminar...

Oana Gavrila · 14.03.2012 · 10:56 · 1 min
Social/Politics

What Businesspeople Have To Say About Raising Public Sector Wages

Businesspeople, who should be the direct beneficiaries of the public sector wage increase, are not convinced this will boost consumption, as the government expects. This is because part of t...

Radu Bostan · 14.03.2012 · 00:00 · 3 min
Social/Politics

Over 73% Of Romanians Declined Medical Attention In 2010 Because Of High Costs - Study

More than 73% of Romanians stopped going to the doctor in 2010 because of the cost a visit, says a study published Tuesday, on European Patient's Rights Day, by Romanian drug producers' asso...

Radu Bostan · 13.03.2012 · 17:51 · 1 min
EU Regulator Body Keeps Petrom Manager As Vice-President
Energy

EU Regulator Body Keeps Petrom Manager As Vice-President

European Union energy regulator cooperation agency ACER on Tuesday announced the appointment of Razvan Nicolescu as vice-president of the board, as well as the reappointment of Piotr Wozniak...

Andrei Cîrchelan · 13.03.2012 · 17:44 · 1 min