Social/Politics
Romanian Ex-Minister’s Embezzlement Trial Postponed For Oct 25
The trial in which Romania’s former Youth and Sports minister Monica Iacob-Ridzi is accused alongside other defendants of defrauding the ministry of over 2.7 million lei (about EUR640,000) s...
ZF Exclusive: Plans For Private Management As Seen From Inside The Economy Ministry
The plan to bring managers from the private sector to the helm of the large state-controlled companies is a strategic target for Romania and will be carried out at any price.
Lazaroiu: 2012 Pension Indexation Depends On 3Q Results
Romanian Labor Minister Sebastian Lazaroiu said Tuesday that, although the Government has approved raising pensions according to inflation and 50% of the raise in gross wages in 2012, 2013 a...
Romania's SME Loan Guarantee Program Begins Friday, Firms May Register Online
The "Kogalniceanu Card" program, through which Romania's government guarantees loans for small and medium enterprises and subsidizes the interest, will become operational Friday, September 9...
Romania To Earn No Dividends From Rosia Montana Project Until It Pays Debts To Gabriel Resources
Rosia Montana Gold Corporation (RMGC) may sell the mined gold and silver in advance, in order to finance its operations, and the Romanian state will not earn any dividends until minority sha...
Romania To Introduce Vehicle Emissions Certificate, Eliminate Pollution Tax In 2013
Romanian Environment Minister Laszlo Borbely said Tuesday that, in mid-2012 or in 2013, he plans to eliminate the pollution tax paid upon a car's first registration and introduce a"green car...
PM To Deliver Monthly Report In Senate
The leadership of Romania's Senate on Tuesday approved a memorandum, which says the prime minister will be invited monthly to deliver a report on the main topics of interest.
Deputies Tacitly Adopt Law Requiring Private Management For Public Radio, TV
Romania’s Chamber of Deputies adopted tacitly Tuesday a bill requiring that state-owned radio and television companies have private management.
35 State Companies Generate EUR10B In Turnover, But No Profit
The 35 largest state-owned companies last year generated overall turnover of nearly EUR10 billion, but made no profit, with their total losses amounting to almost EUR500 million. Ziarul Fina...