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Banks-Insurance

EU Reimbursements To Romania Might Be Resumed Starting October - Official

The European Commission might resume reimbursements to Romania for EU-funded projects starting October, and Romanian authorities must make financial corrections in the case of these projects...

Ioana Tudor · 04.08.2011 · 15:40 · 1 min
Boc: Romania Might Build Parts Of Transylvania Highway Through Public-Private Partnership
Automotive

Boc: Romania Might Build Parts Of Transylvania Highway Through Public-Private Partnership

Romania's Government is considering building some sections of the Transylvania Highway through public-private partnership, because the state does not have unlimited funds for infrastructure...

Radu Bostan · 04.08.2011 · 15:28 · 1 min
Government To Regulate Healthcare Clawback Tax By End-August
Health

Government To Regulate Healthcare Clawback Tax By End-August

Romania's Government will regulate the clawback in the healthcare system by the end of August, through a decision or emergency ordinance, Prime Minister Emil Boc said Thursday.

Radu Bostan · 04.08.2011 · 15:22 · 1 min
Social/Politics

Romanian Public Procurement Regulator To Check Paperwork Before Auction Procedures Start

The Romanian National Authority for Public Procurement Regulation and Monitoring (ANRMAP) will check auction participation announcements before contract awarding procedures are started, acco...

Ioana Tudor · 04.08.2011 · 14:15 · 1 min
CEZ: Romania Renewable Energy Scheme To Push Bills Up By 3%-4%
Energy

CEZ: Romania Renewable Energy Scheme To Push Bills Up By 3%-4%

Romanian consumers are likely to pay by up to 3% or 4% more for electricity once the updated scheme to support renewable energy producers comes into force, CEZ Romania said Thursday.

Florentina Dragu · 04.08.2011 · 13:20 · 1 min
Social/Politics

Former Head Of CFR Calatori Can’t Account For EUR3M In Wealth Statement – Agency

The former general manager of Romania’s state-owned passenger railway company CFR Calatori, Alexandru Noaptes, and his wife are unable to account for about EUR3 million of their wealth, the...

Oana Gavrila · 04.08.2011 · 12:27 · 1 min
Prosecutors To Reopen Fraud Cases Involving Businessman Sorin Ovidiu Vintu
Social/Politics

Prosecutors To Reopen Fraud Cases Involving Businessman Sorin Ovidiu Vintu

Romania’s General Prosecutors’ Office has canceled decisions not to start criminal investigations against businessman Sorin Ovidiu Vintu and will reopen old fraud cases on the collapse of th...

Oana Gavrila · 04.08.2011 · 12:18 · 1 min
Social/Politics

Government OKs This Year’s First Budget Revision

Romania’s Government on Wednesday approved this year’s first budget revision, raising the budgets of several ministries to finance investments and eliminate debts incurred by state companies...

Oana Gavrila · 04.08.2011 · 11:28 · 1 min
Macroeconomics

INS: Romania Average Net Wage Up 1% In June, To RON1,472

The average net salary in Romania rose 1% on the month to 1,472 lei (around EUR350) in June, due to granting of occasional bonuses, amounts distributed from the profits, and to higher produc...

Bogdan Neagu · 04.08.2011 · 10:15 · 1 min