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Automotive

Government Postpones Decision On Car Tax Changes

Romania’s Government has postponed a decision to change the car tax and will first draw up an impact analysis and discuss the matter within the ruling coalition, people close the matter told...

Gavrila Oana · 26.05.2011 · 01:42 · 3 min
Social/Politics

Romanian President Traian Basescu Boycotts Warsaw Summit

Romania's President Traian Basescu will not participate in the summit of Central and Eastern European countries to take place in Warsaw between May 27 and May 28, as Poland has decided to in...

Tudor Ioana Raluca · 25.05.2011 · 17:28 · 1 min
Social/Politics

Government Raises Local Authority Loan Cap, Lowers Maximum Drawn Amount

Romania's Government will double the total ceiling up to which local mayors may contract refundable financing next year, but will also reduce the maximum amount they can actually draw in 201...

Radu Bostan · 25.05.2011 · 15:06 · 1 min
Social/Politics

Government Ups Personnel Spending By 5% In Election Year 2012 - Bill

The Romanian Government will increase staff spending by 5% in election year 2012, above the cap set for this year, to 42.59 billion lei (about EUR10.33 billion) or 7.2% of the gross domestic...

Ioana Tudor · 25.05.2011 · 15:04 · 1 min
Social/Politics

Senators Want 1% Of GDP Assigned To Research

Romanian senators have proposed the Government allot 1% of the gross domestic product each year to promote, support, develop and stimulate research and development activities of national int...

Gavrila Oana · 25.05.2011 · 14:56 · 1 min
Social/Politics

Senate Rejects Act Suspending Certified Tax Statement Obligation

Romania's Senate on Wednesday rejected a government emergency ordinance which, among other provisions, suspended the requirement for companies to certify their tax statements, until January...

Radu Bostan · 25.05.2011 · 14:56 · 1 min
Social/Politics

Transparency International: Romanians’ Trust In Public Institutions Dropped In 2010

The annual National Report on Corruption released Wednesday by Transparency International indicates a worrying deterioration of the public integrity climate in Romania.

Tudor Ioana Raluca · 25.05.2011 · 14:46 · 1 min
Social/Politics

Romanian Tourism Still In Crisis - Industry

Romania's tourism sector has not recovered from the crisis and the number of tourists who stayed in local hotels was 20% lower in the first three months, compared to the same period last yea...

Radu Bostan · 25.05.2011 · 14:26 · 1 min
Ialomitianu: Romania Not Considering Any VAT Cut
Macroeconomics

Ialomitianu: Romania Not Considering Any VAT Cut

Romania's Government is not considering lowering the value added tax for anything, Finance Minister Gheorghe Ialomitianu said Wednesday, in reply to National Housing Agency (ANL) official Ro...

Gavrila Oana · 25.05.2011 · 13:54 · 1 min