Social/Politics
Finance Ministry Has To Pay Back EUR9.8B As Part Of The Loan Meant To “Stabilize” Romania
The huge EUR20 billion loan taken out by Romania in 2009 from the International Monetary Fund (IMF), the European Commission and the World Bank – first as a “safety net”, but which soon beca...
Romania’s Contribution To 2011 EU Budget Reduced By EUR46M, To EUR919M
Romania’s contribution to the 2011 budget of the European Union will be reduced by EUR46.3 million, to EUR919 million, as the European Parliament voted to distribute the surplus in the last...
Justice Ministry Proposes Introducing Extended Wealth Confiscation
Romania's Justice Ministry on Tuesday put up for public debate a bill introducing extended wealth confiscation, arguing that current instruments have not done enough to ensure trans-border c...
Isarescu: Low High-School Graduation Results Also Reflect Poor Choice Of Role Models
The low pass rate of the high-school graduation exam does not have to do with the political class alone, but also with the role models promoted by the Romanian society in transition, which p...
Iuga, PwC: Education System Flaws Cost Romania Several Percentage Points Of GDP
The flaws of the education system cost Romania several percentage points of its gross domestic product and the economy lacks sufficient professional managers who are really necessary in a ti...
Basescu Asks Parliament To Reexamine Law On Public Utilities
Romanian President Traian Basescu has sent back to Parliament for reexamination a law allowing public utility regulator ANRSC to hold 7% of sums recovered through writs of execution, checkup...
Government Considers Replacing Car Registration Tax With Yearly Pollution Tax
Romania's Government will make a decision regarding the new version of the car pollution tax in the next two weeks, while considering a new idea – to introduce a general pollution tax applic...
Farming Subsidy Agency APIA Disbursed EUR700M In Aid Per Area
Romania's agriculture support agency (APIA) transferred EUR700.42 million in area aid by the end of June, making up 97.77% of the scheme's total allocation, as well as subsidies for milk pro...
Fines Of RON23M For Illegal Labor, Since May 1
More than 3,900 cases of illegal employment have been revealed in Romania since the new Labor Code entered force and authorities gave out fines of over 23 million lei (EUR5.5 million), while...