Social/Politics
PSD Committee Decides To Expel Geoana From Party
The Romanian Social Democratic Party's Arbitrage Committee on Sunday decided to expel Mircea Geoana, president of the Senate, from the party.
Franks: Romania Might Raise Pensions, Wages By 3-4% Next Year, If Economy Permits
Pensions and salaries will remain fixed in the first half of next year, but might be raised slightly in the second half, by 3-4%, if the economy permits, said Jeffrey Franks, head of the IMF...
Franks: State Companies Belong To Romanian People, Government Must Ensure They Run Properly
Romanian state-owned enterprises ultimately belong to the Romanian people, so it is the Government's responsibility to ensure they are properly run and that their managers have the people's...
EC Report: Free Movement Of Romanian, Bulgarian Workers Increased EU GDP By 0.3%
The free movement of Romanian and Bulgarian workers has increased the EU's GDP by 0.3%, says the EC's report on the Functioning of the Transitional Arrangements on Free Movement of Workers,...
Government To Cut Early Education Coupons, Limit Travel Discounts For Pensioners
Romania's Government will not provide next year the new social coupons only just introduced through the new education law, destined for low-income households with pre-school children, will c...
VAT For Car Purchases, Fuel Expenses Will Be Tax Deductible Up To 50%
Romanian companies will again be able starting next year, after a three-year ban, to deduct fuel expenses for vehicles with nine or fewer seats, destined exclusively for passenger transport,...
Romania's Investment Budget At 6.5% Of GDP In 2012
Romania's investment spending will rise next year by 3.3 billion lei (EUR758 million), to RON38.7 billion, and the share of funds allotted for these projects will be increased from 6.4% to 6...
Government Anti-Evasion Plan: Check Large Wealth And 2006-2008 Real Estate Transactions
Romania's Government will begin a "program to investigate people with large income/ wealth" next year and will check individuals involved in real estate transactions in 2006-2008, in an effo...
Government Wants To Reduce State Enterprise Arrears By RON5-6B In 2012
Romania's Government estimates that restructuring the state-owned enterprises monitored through the agreement with the IMF will reduce their arrears by 5-6 billion lei (EUR1.15-1.38 billion)...