government

Romania’s Govt Asks IMF To Extend Pension Bill Adoption Deadline

12:19, 03 Aug. 2010
Romania’s Government asked the International Monetary Fund to extend until September 30 the deadline by which the unitary pension bill should be adopted in Parliament, after the IMF called on authorities to make sure the draft law is adopted by September 15, people close to the matter said Tuesday.

Romanian Govt Approves Fiscal Code Application Norms

19:24, 02 Aug. 2010
Romania’s Government approved Monday the application norms for recent amendments to the Fiscal Code, which extend the tax pool and introduce social security contributions for income gained from copyright.

Romania Paid EUR10M Damages In 1H 2010 Following ECHR Rulings

15:58, 01 Aug. 2010
The Romanian Government has paid over 43.39 million lei (EUR10.2 million) in damages in the first half of 2010, which were imposed through rulings of the European Court of Human Rights (ECHR), according to an official document.

Romanian Govt Postpones Implementation Of Electronic Road Toll System Until Oct 1

18:34, 30 Iul. 2010
Romania’s Government has postponed the implementation of the country’s electronic road toll system until October 1, because of numerous challenges against the auction selecting the company that will develop the system.

Romanians Occasionally Gaining Copyright Income Exempt From Social Security Contributions

18:53, 28 Iul. 2010
Romania’s Government decided in its meeting Wednesday that people who own a record of employment and gain copyright income only occasionally will not pay social security contributions for the income obtained from copyright.

Romanian Govt Reduces By 25% Total No. Of Positions Within Youth, Sport Bodies

18:51, 28 Iul. 2010
Romania’s Government decided to reduce by 25% the total number of positions within youth and sports bodies subordinated to the Education Ministry, by merging sports and youth county structures and restructuring the National Authority for Sports (ANS).

Romanian Govt OKs Justice “Small Reform” Bill

13:26, 23 Iul. 2010
Romania’s Government approved Friday in a special meeting the draft law of “small reform” in the justice system, which implements a series of measures to speed up trials, people close to the matter told MEDIAFAX.

Romanian Govt Adopts Application Norms To Decree Fighting Tax Evasion

13:01, 23 Iul. 2010
Romania’s Government adopted Friday application norms to its recent decree fighting tax evasion.

Romania’s Govt To Recalculate Special Pensions By September, Military Pensions By Yearend

20:40, 21 Iul. 2010
Romanian special pensions will be recalculated by September and will be reduced afterwards, while military pensions will be recalculated by the end of the year, Romanian Prime Minister Emil Boc said Wednesday.

Romanian President Asks Govt To Push For Single Law Regulating Integrity Agency

16:25, 21 Iul. 2010
Romanian President Traian Basescu urged the coalition government during the Cabinet meeting Wednesday to insist that Parliament adopts a single law regulating the National Integrity Agency, which is currently governed by rules stated in several laws.

Romanian President Heads Wednesday’s Govt Meeting

14:11, 21 Iul. 2010
Romanian President Traian Basescu is heading the Government meeting Wednesday and people close to the matter have told MEDIAFAX one of the topics under discussion is the law on the National Integrity Agency.

Over 1,000 Homes Need Rebuilding After Major Flooding In Romania – PM

14:49, 18 Iul. 2010
About 1,000 homes will need to be rebuilt following floods that ravaged the country this summer and claimed 23 lives, Romanian Prime Minister Emil Boc said Sunday during a videoconference with prefects across the country.

Romanian State Secretary, Deputy Prefect Cuts To Save Up EUR2 Million In 2010

20:33, 14 Iul. 2010
Romania’s Government estimates savings of up to EUR2 million by the end of this year, and EUR4.5-5 million over an entire year, by reducing the number of state secretaries, undersecretaries of state and deputy prefects.

Romania’s Govt Cuts 2,450 Positions Within Environment Min

18:57, 14 Iul. 2010
The Romanian Government decided in a meeting Wednesday to cut 2,450 positions within the Environment Ministry and the bodies subordinated to the institution, Environment Minister Laszlo Borbely told MEDIAFAX Wednesday.

Romanian PM Signs Decisions To Dismiss 17 State Secretaries, Two State Undersecretaries

18:55, 14 Iul. 2010
Romanian Prime Minister Emil Boc said Wednesday he signed the decisions whereby 17 state secretaries and 2 undersecretaries of state are released from office.

Erste: Romanian Disposable Income To Fall 10% In 2010

16:15, 14 Iul. 2010
Romanian disposable income is expected to decrease by around 10% in real terms this year and by 0.8% in 2011, according to an Erste Bank report released Wednesday.

Romania To Reduce VAT If Feasible Alternative Measure Found, Taxing Pensions Not Enough – PM

17:30, 11 Iul. 2010
Romanian Prime Minister Emil Boc said Sunday the value added tax can be reduced only if authorities find other means to cover the revenues brought to the state budget by the 5-percentage point VAT increase, adding taxing pensions is not enough.

Romanian Authorities Might Consider Taxing High Pensions Progressively – Environment Min

20:26, 10 Iul. 2010
Romania’s Environment Minister Laszlo Borbely told MEDIAFAX Saturday that authorities might consider taxing high pensions progressively starting this fall, adding that decisions in this respect depend, to a great extent, on the country’s economic situation.

Romanian Govt, President Agree To Restructure Public Bodies By September 1

23:28, 09 Iul. 2010
Romanian Prime Minister Emil Boc said Friday that September 1 is the deadline agreed with President Traian Basescu by which the restructuration of state institutions must be completed.

Romanian Senate Chairman Calls On Govt To Come Up With Anti-Flood Strategy

15:03, 09 Iul. 2010
Romanian Senate Chairman Mircea Geoana said Friday that the Government must urgently present before Parliament a multiannual strategy to combat flooding, since such incidents may happen in the fall.

Romania’s Govt Decides To Reduce State Secretary, Deputy Prefect Positions

10:37, 08 Iul. 2010
Romania’s Government has decided to reduce to two the number of state secretaries in each ministry, except those of Interior, Foreign Affairs and Finance, which will have three secretaries of state, Prime Minister Emil Boc said Wednesday.

Romania’s Govt Cuts About 2,000 Positions In Local Work Departments

10:36, 08 Iul. 2010
Romania’s Government decided Wednesday to cut about 2,000 positions in local work departments and 307 positions within the Labor Ministry, people close to the matter told MEDIAFAX.

Romanian Govt To Keep Taxes On Multiple Homes, Large Cars At New Level In 2011

14:20, 05 Iul. 2010
Romania’s Government intends to keep the taxes hiked on July 1, levied on cars with engines larger than 2,000 cc and on owners of multiple homes, at their new level in 2011 as well, eyeing around 500 million lei (EUR1=RON4.2613) in revenue.

Romanian Govt To Evaluate Flood Damage, Access EU Solidarity Fund By July 15

12:12, 05 Iul. 2010
Romania’s Government will evaluate the damage caused by the floods and will submit the relevant documents to access the European Union’s Solidarity Fund by July 15 at the latest, Prime Minister Emil Boc announced Monday.

Romanian Govt Ordinance Enforces 20% Food Expense Cut For Institutionalized Children, Prisons Exempt

16:56, 01 Iul. 2010
An emergency ordinance issued by Romania’s Government says that food funds for institutionalized children and people with disabilities will see a 20% cut, while the rations budget for prison inmates is exempt from the cut.

Romania Hikes Tax On Owners Of Multiple Homes

11:20, 01 Iul. 2010
The Romanian Government decided in its meeting Wednesday that owners of multiple homes would pay 65%, 150% and 300% more on the yearly home tax, set in ratio with the number of homes owned.

Romanian Govt To Lay Off 55,000-60,000 Public Sector Employees – Sources

08:50, 01 Iul. 2010
Romania’s Government decided Wednesday to lay off between 55,000 and 60,000 public sector employees, most from local administration bodies (around 54,000) and the rest from the ministries of Interior, Labor, Education and Agriculture, people close to the matter told MEDIAFAX.

Romania Flood Death Toll Rises To 22, About 7,000 People Evacuated

14:59, 30 Iun. 2010
Flooding in Romania in recent days has claimed the lives of 22 people and about 7,000 others were forced to flee their homes to safety, according to data presented Wednesday during the Government meeting

Romanian Govt To Discuss Flood Relief Measures Wednesday – Deputy PM

15:02, 29 Iun. 2010
Romania’s Government will discuss flood relief measures Wednesday, with a focus on preventing further casualties and protecting the inhabitants of towns and villages currently at risk, Deputy Prime Minister Marko Bela said Tuesday.

Romanian Opp Social Democrats To Challenge Govt’s VAT Hike Decree With Ombudsman

14:34, 28 Iun. 2010
Romania’s opposition Social Democratic Party will challenge with the Ombudsman the Government’s emergency decree that hikes the value added tax (VAT) from 19% to 24%, Adrian Nastase, head of the party’s national council, said Monday.

Romanian Govt Agencies Not Required By EU Or Created Through Laws To Be Downgraded

17:21, 26 Iun. 2010
Romanian government agencies which were not created on the basis of European Union directives or through organic laws will be converted into ministry departments, while public bodies under the authority of ministries will be directed by a single structure.

VAT Hike Accepted By IMF, Will Add RON3.5-4B To Budget – Romanian Fin Min

14:34, 26 Iun. 2010
Romanian Finance Minister Sebastian Vladescu said Saturday the VAT hike has already been agreed upon with the International Monetary Fund and is expected to provide 3.5-4 billion lei (EUR1=RON4.2808) to the state budget, allowing the country to meet the 6.8% of GDP budget deficit target.

Romanian Govt To Hike VAT To 24%, From 19% – Sources

13:07, 26 Iun. 2010
Romania’s Government has decided to increase VAT from 19% to 24%, leaving the flat tax as it is, and will also ask the Parliament to hurry the application of the bills reducing public sector salaries and recalculating special pensions, people close to the matter told MEDIAFAX on Saturday.

Romania’s Govt To Disclose Alternative Austerity Plan After Talks With IMF, WB – Interior Min

18:08, 25 Iun. 2010
Romanian Interior Minister Vasile Blaga said Friday that the Government will bring out its alternative austerity plan after discussions with the International Monetary Fund and the World Bank.

Romania Ctrl Bk: Tax Hikes Not Enough To Reduce Deficit

17:12, 25 Iun. 2010
Romanian economy may temporarily benefit from raised taxes, but such a measure will be insufficient to reduce the budget deficit to 6.8% of the gross domestic product, a central bank official said Friday.

Romanian Opp Social Democrats Might Try To Oust Govt Against During Current Parliament Session

14:59, 25 Iun. 2010
Romanian social democrat leader Victor Ponta said Friday that he considers submitting a second no-confidence motion against the Government during the current Parliament session, if there is no other way to “free” Romania from Prime Minister Emil Boc’s “scourge”.

Constitutional Court Ruling Blocks Implementation Of Govt Austerity Plan

13:18, 25 Iun. 2010
The Romanian Constitutional Court’s Friday ruling, rejecting certain articles of the austerity plan, leaves the Government unable to apply any of the measures provided by the bills, as they must return to Parliament to be made to agree with the Constitution.

Romania PM: Bills Slashing Public Spending Are Constitutional, Govt Awaits Court Ruling

11:50, 24 Iun. 2010
Romania’s Prime Minister Emil Boc on Thursday said the bills slashing public spending, for which the Government asked the lawmakers’ confidence vote, are constitutional and the Executive expects the Constitutional Court ruling on their constitutionality.

Romania’s Tax Evasion Decree Published In Official Journal, Enters Force

11:05, 24 Iun. 2010
Romania’s emergency decree aiming to fight tax evasion, which drops plans to apply VAT on intra-EU trade and reintroduce excises on luxury items, has entered force after it was approved by the Government and was published in the Official Journal.

Romanian Freelancers To Pay Social Security Contributions

18:34, 23 Iun. 2010
Romanians who gain income from freelance activities will pay a 16.5% social security contribution, as any other employee, but only for sums that amount to five average gross salaries per year, namely 10,000 lei (EUR1=RON4.2234), Finance Minister Sebastian Vladescu said Wednesday.