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Social/Politics

Number Of Romanian Tourists Abroad Up 25%-30% In 2011

The number of Romanian tourists who spent their vacation abroad rose by 25% to 30% this year, according to data released Thursday by tour operators’ association ANAT.

Ioana Tudor · 22.12.2011 · 17:14 · 1 min
Banks-Insurance

EU Fund Management Authorities Have 45 Days To Check Refund Requests

The Romanian Government decided Thursday European fund management authorities have 45 days to check EU fund reimbursement requests to be sent to the European Commission, people close to the...

Ioana Tudor · 22.12.2011 · 16:35 · 1 min
Social/Politics

Romania To Revise List Of People Exempt From Health Insurance Contribution

Health insurance contributions next year will be kept at the same level as that in 2011, while the list of people exempt from paying the contribution will be revised once the new healthcare...

Ioana Tudor · 22.12.2011 · 16:26 · 1 min
Court Decision Voids Franklin Templeton Role As Proprietatea Fund Manager
Capital Market

Court Decision Voids Franklin Templeton Role As Proprietatea Fund Manager

The Bucharest court decided to cancel a shareholder decision from September 2010, which amended the statute of investment fund Fondul Proprietatea (FP.RO) and enabled the appointment of Frna...

Andrei Cîrchelan · 22.12.2011 · 15:53 · 1 min
Banks-Insurance

EBRD Invests EUR7.8M In Water Infrastructure In NW Romania

The European Bank for Reconstruction and Development Thursday said it will extend a 30 million lei (some EUR7.8 million) loan to water utility company Aqubis SA to improve water services in...

Florentina Dragu · 22.12.2011 · 14:10 · 1 min
Banks-Insurance

Romania Resumes EU-Fund Reimbursement Applications - EU Affairs Ministry

Romania’s European Affairs Ministry said Thursday the country has resumed sending the European Commission bills for reimbursement for all programs financed from EU structural funds.

Oana Gavrila · 22.12.2011 · 12:52 · 1 min
Romanian Government Survives No-Confidence Vote In Parliament
Social/Politics

Romanian Government Survives No-Confidence Vote In Parliament

Romania’s Government on Thursday survived a no-confidence motion submitted in Parliament by the opposition, as only 213 lawmakers cast ballots and the motion needed at least 234 votes in fav...

Oana Gavrila · 22.12.2011 · 12:52 · 1 min
Social/Politics

Romanian Government Faces No-Confidence Vote In Parliament Thursday

Romania’s Parliament has assembled Thursday morning to debate and put to the vote a no-confidence motion submitted by the opposition over the Governments plan to fast-track a bill that would...

Oana Gavrila · 22.12.2011 · 10:14 · 1 min
Agriculture's Black List: 40 Weeds For Which Farmers Will Be Fined
Social/Politics

Agriculture's Black List: 40 Weeds For Which Farmers Will Be Fined

Romanian farmers will have to “fight” around 40 weeds in order to avoid fines of up to EUR100/hectare, according to the latest emergency ordinance draft aimed at fining owners who don’t remo...

Gabriel Razi · 22.12.2011 · 00:00 · 2 min