Social/Politics
Romania To Hike Diesel Excise By 4.4% In 2012
Romania will increase excise duties on diesel fuel by 4.4% on January 1, from EUR358 to EUR374 per ton, according to a government document.
Government Sees Jobless Rate In 2012 Down Slightly To 4.5%
Romania's Government expects the average unemployment rate to drop slightly next year, to 4.5% from this year's projected 4.9%, with the number of people out of work to decrease by 35,000, d...
Romania '12 State Budget Revenue Seen At RON95.6B; Spending Capped At RON113B
Romanian government targets total revenues to the state budget of 95.65 billion lei (EUR22 billion) in 2012, up 13.5% on the year, while overall spending is poised to stagnate at around RON1...
State Companies To Freeze Hiring, Limit Wage Expenses In 2012
Romanian state companies and autonomous departments will freeze hiring next year, and those which register losses or receive state subsidies must limit wage expenses to this year’s level, ac...
Romania's Draft 2012 Budget Includes No Salary Or Pension Raises
Romania's draft budget for 2012 states pensions will be frozen in the entire year, with no mention of possible raises in the second half, and will again require a transfer of 13.8 billion le...
Romania To Pay Court-Won Wage Rights In Quarterly Tranches In 2012
Romania's Government has reduced the share of salary rights won in court by public sector employees to be paid next year from 33% to 5%, disbursable in equal quarterly installments, accordin...
Government To Cut Almost RON2B In Revenue For Local Budgets In 2012
Romania's Government next year will reduce the share of income tax collections provided to local authorities and will cut transfers to local budgets from taxes on pensions, denying mayors a...
Refunds For Romanian Scheme Scrappage Vouchers Disbursed Until December 23
Romanian Environment Minister Laszlo Borbely said Friday that the last refunds for vouchers through the car scrappage program will be disbursed on December 23, instead of December 12, follow...
Nokia Working With Authorities In Tax Debt Issue
Officials with Nokia Romania said Friday they are working with authorities to analyze the situation and reach a satisfying outcome after the tax authority impounded its assets over a $10 mil...