01.30.2013

The Romanian Government will annul the current Law on the public-private partnership, following criticism from the European Commission and the business environment representatives, aiming to promote a more

01.29.2013

Romanian local governments that register arrears at the end of January 2013 will be obliged to reduce them by at least 85% in two months, otherwise the state treasury will limit payments from their more

01.29.2013

Romania’s Government will make sure city halls that register arrears will increase local taxes by 16% to avoid amassing new debts, reads the country’s latest letter of intent to a loan agreement more

01.28.2013

Romania will launch an initial public offering of 15% in state-owned natural gas producer Romgaz by the end of October 2013, seven months later than initially planned, according to the country’s more

01.28.2013

Romania will amend the contracts of hospital managers so that they can be replaced following quarterly evaluations, if the hospital registers arrears for three consecutive months, according to the more

01.28.2013

Romania will introduce copayment in the healthcare sector starting March and patients will pay a modest fixed amount depending on services provided, excluding emergency services, according to the more

01.28.2013

Romania’s government has pledged to sell a majority stake in state-run freight rail company CFR Marfa by mid-May, with the deal to be complete once “all conditions in the sale-purchase agreement more

01.24.2013

The revised fiscal-budgetary strategy for 2013-2015 can be considered a new governing program of the Ponta 2 Government and one closer to reality. Future policies will most likely be built around more

01.24.2013

Firms in Romania executing public works and delaying the project without their fault will be entitled to ask for price adjustment, only within a certain limit, but will no longer be allowed to claim more

01.23.2013

The Romanian Government forecasts it will provide almost EUR1 billion for the construction of highways and national roads upgrade in 2013, both from foreign funds and the state budget. more

01.23.2013

Romanian Government will seek a confidence vote in Parliament by April to pass a bill regulating the restitution of nationalized property, Minister-delegate for Budget Liviu Voinea said Wednesday. more

01.23.2013

Romania’s state-run chemical plant Oltchim Ramnicu Valcea (OLT.RO) will enter insolvency and a request to this end is to be sent to the Valcea Court, Economy Minister Varujan Vosganian told Mediafax more

01.23.2013

Romania’s Government on Wednesday approved the draft state budget for 2013, which will be sent to the Parliament for debates and a final vote, said people close to the matter. more

01.23.2013

Romania’s Government proposes a new formula to compute the car pollution tax, which increases by about 10% the sum to be paid for Euro 4 and Euro 3 cars, and lowers by 60% to 90% the tax to be paid more

01.22.2013

Romania’s Government approved in a special meeting Tuesday a set of measures introducing new taxes targeting companies and farmers, the increase of the gross minimum wage and the inflation more

01.21.2013

The Romanian Government will advance by three months the tobacco excises calendar hike, which will be annually enforced on April 1 instead of July 1, the measure being maintained until 2017. more

01.21.2013

Romania’s government Monday revised down its economic growth forecast to 1.6% in 2013, from 1.8% initially, according to this year’s draft budget. more

01.21.2013

The Romanian Government will enforce additional taxes on companies that extract and sell natural gas on the local market, including the Black Sea perimeter, according to an emergency ordinance draft. more

01.21.2013

Romania will raise the gross minimum wage from 700 lei (EUR161) to RON800 this year in two stages, people close to the matter told Mediafax Monday. more

01.21.2013

Natural gas and energy transport companies in Romania will pay a “monopoly” tax applicable in the February 2013-December 2014 interval, according to a draft Government emergency ordinance. more

01.21.2013

Companies that exploit and extract natural resources other than natural gas in Romania will pay a special tax of 0.5% of their revenue, which will be applicable between February 2013 and December more

01.17.2013

Romania’s Environment Minister Rovana Plumb proposed in the Government’s Wednesday meeting that the new environmental tax should be applied only to vehicles seating up to eight passengers and more

01.16.2013

The Romanian Government approved in Wednesday session to allot an emergency aid from the state reserve consisting of 60 tons of diesel fuel to the population in the eastern counties of Botosani, Neamt more

01.11.2013

Romania’s staff expenses this year will exceed the initial target of 7.1% of the gross domestic product to reach 7.3% of the GDP, and will be reduced gradually by 2016 to 6.8% of the GDP, according more

01.10.2013

Romania’s Fiscal Guard, Fiscal Inspection, the customs authority and the anti-fraud body will be reorganized into a single structure which will carry out company checkups regularly, Finance Minister more