Social/Politics
PM Says Romania To Attract EUR6B In EU Funds As 90% Of Projects Are Already Signed
The Government is confident Romania will attract at least EUR6 billion in European funds next year because nearly 90% of the funded projects have already been signed, Prime Minister Emil Boc...
Boc Vows To Resign If Goverment Fails To Meet Economic Targets
Romanian Prime Minister Emil Boc told ProTV in an interview Sunday he will resign if the Government fails to meet economic targets for next year, adding he does not want a new term as prime...
Government Lowers Budget For Presidency, Parliament, Raises Funds For Secret Service
The Romanian Government has lowered the Presidential Administration’s budget for next year to 27.2 million (about EUR6.2 million), which is RON1.6 million less than this year and RON2.3 mill...
Culture Ministry Budget Reduced To RON713M In 2012
Romania's Ministry of Culture will have a budget of 713 million lei (EUR163 million) in 2012, compared with RON802 million this year.
Development Ministry Budget Raised By RON10M In 2012
The 2012 budget of the Romanian Ministry of Regional Development and Tourism has been raised by the Government, compared with its budget for 2011 and the allowance stipulated in the first dr...
Interior Ministry Budget Lowered 0.3% To EUR1.69B In 2012
Romania's Ministry of Administration and Interior will have a budget of EUR1.69 billion in 2012, or 1.2% of the GPD, 0.3% lower than that of this year, minister Traian Igas announced Friday.
Government Expects 20-25% EU Fund Absorption In 2012
Romania's Government is counting on a EU fund absorption rate of 20-25% next year, aiming to attract at least EUR6 billion for agriculture and from the cohesion funds, Prime Minister Emil Bo...
Government, IMF In Negotiations To Raise Minimum Wage To RON700
Romania's Government is in negotiations with the International Monetary Fund (IMF) to raise the gross minimum wage to 700 lei (EUR160) from RON670, said Finance Minister Gheorghe Ialomitianu...
Government Reduces Income Tax Transfers To Local Budgets
Romania's Government has reduced the share of income tax collections provided to local authorities by 5.5 points, through an emergency ordinance amending the Law on public finance, minister...