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Food Prices Will Rise 3%-5% In Next Period - Agrostar Union
Social/Politics

Food Prices Will Rise 3%-5% In Next Period - Agrostar Union

Food prices in Romania will rise 3-5% in the following period because of adverse weather conditions and the international context, officials of the Agrostar food industry union federation sa...

Gavrila Oana · 27.05.2011 · 11:18 · 1 min
World Bank Lends Romania EUR500M For Social Assistance Reforms
Banks-Insurance

World Bank Lends Romania EUR500M For Social Assistance Reforms

The World Bank’s Board of Executive Directors on Thursday approved a EUR500 million loan to support a social assistance program of Romania’s government estimated at EUR5.5 billion.

Bogdan Neagu · 27.05.2011 · 10:23 · 1 min
Roubini: Romania Is Going In The Right Direction, Reforms Must Continue
Macroeconomics

Roubini: Romania Is Going In The Right Direction, Reforms Must Continue

Romania is going in the right direction, with the economic recovery starting to manifest itself after the restructuring has started to bear fruit, but the recovery is slow, and structural re...

MediafaxFoto - Mediafax · 27.05.2011 · 01:04 · 1 min
President Basescu Invites BNR Governor Isarescu “Into Arena”
Social/Politics

President Basescu Invites BNR Governor Isarescu “Into Arena”

Romanian President Traian Basescu yesterday launched a direct attack against central bank governor Mugur Isarescu, saying that, before lecturing on how to run a country, he should come out i...

MediafaxFoto - Mediafax · 27.05.2011 · 00:48 · 1 min
Social/Politics

Boc: Taxes On Pensions Over RON740 Kept Into Next Year

Romanian pensioners receiving at least 740 lei (EUR179) will have to pay social health insurance contributions next year as well, Prime Minister Emil Boc said Thursday on Realitatea TV.

Radu Bostan · 26.05.2011 · 22:24 · 1 min
Social/Politics

Boc Threatens To Dismiss Tax Collectors With Poor Performance

The directors of the five local offices of Romanian revenue service ANAF with the lowest level of tax collections in June will be dismissed, Prime Minister Emil Boc said Thursday on Realitat...

Radu Bostan · 26.05.2011 · 22:24 · 1 min
Social/Politics

Boc: Public Sector To Recover 2010 Wage Cut In Two Steps Next Year

The wage cut implemented in Romania's public sector last year will be entirely recovered next year, likely in two installments, Prime Minister Emil Boc said Thursday on Realitatea TV.

Radu Bostan · 26.05.2011 · 22:24 · 1 min
Social/Politics

Basescu Cautions Local Authorities Regarding EU Fund Use

Romanian President Traian Basescu said on public radio Thursday checkups targeting several local projects financed with European funds revealed some irregularities and warned local authoriti...

Tudor Ioana Raluca · 26.05.2011 · 18:42 · 1 min
Social/Politics

Bucharest Local Council Rejects 3% Hotel Tax For 2012

Bucharest's general council on Thursday rejected a draft decision introducing a 3% tax on hotel revenue from accommodation in 2012.

Radu Bostan · 26.05.2011 · 18:14 · 1 min