Social/Politics
Romania Might Jail Beggars - Bill
Romanian democrat liberal MP Stefan Pirpiliu has put forth a bill banning begging on the streets, setting fines for people giving money to beggars and setting jail punishments for begging.
Romania Might Raise Royalties On Gold, Silver, Platinum Mining To 8%
Romania's Government might double the royalties on gold, silver and platinum extraction, from 4% to 8% of the value of production, and increase royalties on other mineral products, such as c...
Romania To Create Telecom Network In 2015 For Unconnected Areas, With EUR84M From EU
Every area of Romania still without Internet coverage will be provided with such services starting in 2015, upon the completion of a telecom network financed by the European Union with EUR84...
Local Taxes Might Be Raised By Up To 50% Or Considering Contributors’ Purchasing Power
Romanian local authorities might be allowed to increase annual taxes by up to 50% or eliminate the current 20% increase cap and raise local taxes depending on contributors’ purchasing power.
Rural Development Payments Agency Disbursed EUR1.56B In 2011
Romania's Agency for Rural Development and Fishing Payments (APDRP) disbursed this year EUR1.56 billion of the funds allotted through the National Rural Development Program 2007-2013, APDRP...
Banks Rejected Over Half Of Firms Which Asked For Government Guaranteed Loans
One third of the Romanian firms allowed to take out Government guaranteed loans through the “Mihail Kogalniceanu” program signed no contract with banks in the September 9-December 9, 2011 in...
FOCUS: Romania’s New Tax Code Takes Effect On January 1
Raising the excise tax on diesel oil and property taxes for companies that failed to reevaluate their buildings over the past years are some of the provisions stated in Romania’s new Tax Cod...
Romanian Mothers To Receive Child-Rearing Benefits After Third Birth – Bill
Romanian senators Emilian Francu (liberal) and Elena Mitrea (social democrat) have put forward a bill whereby maternity leave and child-rearing benefits will be provided for all births, not...
Transgaz Requested Budget Correction As It Expects 53% Higher Profit
Romanian gas transporter Transgaz (TGN.RO) on Friday said it has requested a correction of its financial indicators because it expects pretax profit to be 53% higher.