government

Romania’s Govt To Seek Parl Confidence Vote For Pension, Wage Cut Laws

15:25, 26 Mai 2010
Romania’s Government will seek a confidence vote in Parliament for two draft laws, one concerning budget expenditure cuts, and the other regulating the new contribution-based pension system and reevaluating disability pensions, Prime Minister Emil Boc said Wednesday.

Romania’s Govt Reduces Child-Rearing Benefits By 15%

15:06, 26 Mai 2010
Romania’s Government coalition leaders decided to reduce child-rearing benefits by 15% and the measure will be applied temporarily, until the country resumes economic growth, National Union for the Progress of Romania (UNPR) leader Marian Sarbu said Wednesday.

Romanian Govt Eyes Extra Revenues Of RON855M In 2010 By Levying New Taxes

11:09, 26 Mai 2010
The Romanian Government estimates to obtain extra revenues of 855 million lei (EUR1=RON4.1838) to the state budget in the second half of 2010, by introducing new taxes, which are seen generating RON1.76 billion in 2011, RON1.65 billion in 2012 and RON1.3 billion in 2013.

Romania’s Govt Mulls Cashing RON217M From Taxing Interests By Yearend

09:53, 26 Mai 2010
Romania’s Government plans to cash this year 217 million lei (EUR1=RON4.1838) from taxing interests by 16%, and RON145 million from applying the flat tax to stock market gains.

Romania’s Public Servants To Go On Strike On May 31

16:16, 25 Mai 2010
Romania’s public servants will go on strike on May 31, to protest against the 25% wage cut for administration servants and the Government’s failure to adopt certain laws regulating public institutions, which would help fight tax evasion, the union said in a press release Tuesday.

Two Romanian Employers’ Confederations Withdraw Support Of Letter Of Intent To IMF

17:30, 24 Mai 2010
Romanian employers’ confederations UGIR-1903 and CONPIROM decided Monday to no longer support the Government’s letter of intent to the IMF and to abstain in the Economic and Social Committee vote Tuesday, stating that employers should not decide in the matter of pension and public sector wage cuts.

Romanian Opposition Social Democrats Say Head Of State Responsible For Austerity Plan

14:42, 21 Mai 2010
Romania’s opposition Social Democratic Party head Victor Ponta on Friday said his party has nothing to say to the Government run by Prime Minister Emil Boc, stressing that the recently announced spending cut measures were not taken by the Government, but by President Traian Basescu.

Romanian Unionists To Lobby Against Adoption Of IMF Letter In Parliament

18:36, 20 Mai 2010
Romanian Cartel Alfa union federation leader Bogdan Hossu said Thursday, after talks at the Finance Ministry, that there is no hope of the cost-cutting measures included in the letter of intent with the IMF will be altered, adding unionists will lobby against the letter’s adoption in Parliament.

Romania PM Says Govt, Unions Fail To Reach Common Ground, Talks Will Continue

18:06, 20 Mai 2010
Officials of Romanian Finance and Labor Ministries will continue talks with unionists until next Wednesday when the Government is set to approve Romania's letter of intent with the International Monetary Fund, Prime Minister Emil Boc said Thursday at the end of talks with unionists.

Romanian Liberals Set To Uphold Any Upcoming No-Confidence Motions

17:39, 20 Mai 2010
Romania’s opposition Liberal Party PNL will vote in favor of the social democrats’ planned no-confidence motion, regardless of whether or not it will take part in drafting the motion, and it will also uphold any upcoming motions, liberal Ludovic Orban said Thursday.

Romanian Parents To Picket Government HQ Wednesday, Parliament HQ on June 1

17:26, 20 Mai 2010
Romanian parents will picket the Government headquarters on May 26 and will stage protests in Iasi and Brasov displeased with the Executive’s plan to cut child-rearing and other social benefits granted to children, protesters’ representatives said in a press release Thursday.

Romania PM: Govt Can Either Pay Reduced Wages, Pensions Or Stop Paying Them As of Dec

15:58, 20 Mai 2010
Romanian Prime Minister Emil Boc said Thursday, before a meeting with unionists for talks on the recently announced spending cut measures, that the Government has two alternatives, namely, either to pay reduced salaries and pensions or no longer pay them as of December 2010.

Romania Sets EUR100 Excise Tax On Fermented Drinks, EUR165 Tax On Intermediary Drinks

15:43, 20 Mai 2010
The Romanian Government decided to introduce an excise tax of EUR100/hectoliter per product for fermented drinks, other than beer and wine, such as cider and fruit-based fermented drinks.

Romania To Shut Down Duty-Free Shops Upon License Expiry

12:26, 20 Mai 2010
Romania’s Government will no longer grant licenses to duty-free shops and currently valid licenses are set to expire in five years from their release date, says the tax evasion draft issued Wednesday.

Individuals Crossing Romanian Border Without Declaring EUR10,000 To Face Prison – Draft

20:40, 19 Mai 2010
Individuals crossing the Romanian border without declaring amounts equal to or greater than EUR10,000 will be charged with a crime and imprisoned for two to seven years, according to the draft Government Emergency Ordinance aiming to fight tax evasion.

Romanian Govt Delays Payment Of Public Wage Rights Won In Court

19:13, 19 Mai 2010
Romania’s Government has decided to delay the payment of salary rights won in court by public sector employees until 2012-2014, in an attempt to prevent running an even higher budget deficit in 2010 and 2011, despite the High Council of Magistrates’ negative opinion of this decision.

Romania Mulls Reintroducing Excises On Luxury Products, Risks EC Sanctions

18:37, 19 Mai 2010
Romania’s Government plans to reintroduce excises on yachts, perfumes, hunting weapons, jewelry and other luxury products starting 2010, and the country risks to be sanctioned by the European Commission, as it breaches certain European norms.

Romanian Govt To Seek Confidence Vote In Parliament For Drastic Spending Cuts

16:15, 19 Mai 2010
Romania’s Government will seek a confidence vote in Parliament for the speedy adoption of the country’s planned spending cuts, Prime Minister Emil Boc said Wednesday during the Cabinet meeting.

Romania Eyes Setting Up Social Fund To Help Pensioners Cope With Austerity Measures

13:56, 18 Mai 2010
The Romanian Government is considering setting up a fund of social solidarity meant to offer financial support to retirees after their pensions are reduced 15%, amid the country's drastic spending cut plan, people close to the matter said Tuesday.

Romanian Unions, Employers Ask Govt To Change IMF Deal And Consider Their Proposals

16:42, 17 Mai 2010
Romanian union and employers’ representatives on Monday asked the Government to draft a new letter of intent to the loan agreement with the International Monetary Fund and include their proposals in the new letter, stressing they firmly disagree with the recently announced salary and pensions cuts.

No-Confidence Motion Obligatory If Govt OKs Cost Cutting Plan – Romanian Senate Chairman

12:21, 17 Mai 2010
Romanian Senate Chairman Mircea Geoana said Monday opposition parties must submit a no-confidence motion against the Government if the Executive gives a confidence vote to the cut spending program to reduce salaries and pensions.

Romania’s Govt To Eliminate Financial Aid For Childbirth, First Marriage

13:55, 14 Mai 2010
Romania’s Government will eliminate the 230 lei (EUR1=RON4.1814) financial aid granted to mothers at childbirth, as well as the EUR200 aid for newlyweds at their first marriage, according to a draft ordinance decree to cut social spending.

Romania Govt Mulls Scrapping Public Transport Senior Discounts, Reducing Scholarships

11:43, 14 Mai 2010
The Romanian Government is considering eliminating senior discounts for public road and railway transport, reducing scholarships for students, performance allowances and life annuities, and also eliminating the financial aid granted for the purchase of textbooks.

Romania Govt Might Have To Use Confidence Votes To Adopt Measures Agreed With IMF- President

21:26, 13 Mai 2010
President Traian Basescu on Thursday said the Romanian Government will probably have to require confidence votes in Parliament in order to adopt the measures agreed upon with the IMF experts, stressing there is little time left until the reunion of the IMF Board at the end of June.

Romanian President Says IMF Renegotiation Not On Govt’s To-Do List, But Highly Possible

21:21, 13 Mai 2010
Romanian President Traian Basescu told a press conference Thursday that the Government is not working on a renegotiation of the stand-by agreement with the International Monetary Fund, stressing, however, that the agreement could be renegotiated at any time.

Romania’s Govt Estimates Pension, Wage Cuts Will Save RON10B

14:51, 13 Mai 2010
Romania’s Government estimates it will save RON5.39 billion in the second half of 2010, or 1.06% of the country’s GDP, due to the recently announced 25% public sector wage cut which come into force on June 1, says a document issued by the Finance Ministry.

Romania’s 2010 Estimated Unemployment Rate Up 0.5% On Year – Govt

13:53, 13 Mai 2010
Romania’s Government said in a document issued in May that the number of unemployed people is expected to increase to 740,000, only 31,000 more on the year, and that the unemployment rate will grow to 8.3%, a 0.5% increase on the year.

Romania’s Govt Estimates To Collect Extra RON421M In Meal Vouchers, Copyright Income Tax Revenues

11:02, 13 Mai 2010
Romania’s Government estimates it will collect extra 345 million lei (EUR1=RON4.1751) in the second half of the year by applying a 16% tax on meal vouchers, and extra RON76 million by deducting social security contributions from copyright income and reducing deductible quotas to 25%, from 40%.

Romanian Public Sector Unionists Start Protests Over Cost Cutting Measures Thursday

09:32, 13 Mai 2010
Romanian unionists will stage a four-day protest starting Thursday and 1,000 people will picked the Government’s headquarters and the Presidential Palace, disgruntled with the anti-crisis measures announced by the country’s authorities.

Romanian Union Leaders Say 25% Wage Cut For Employees Of State-Run Cos Is Illegal

19:43, 12 Mai 2010
Romanian union leaders on Wednesday said the 25% wage cut for employees in state-owned companies breaches collective labor contracts, stressing this will determine experts with these companies to resign and more people to rally in public protests.

Romania Eyes Guaranteeing Loans Of Pvt Cos For Co-Financing Of EU-Funded Projects

15:56, 12 Mai 2010
The Romanian Government plans to also guarantee the loans contracted by private companies for the co-financing of several projects backed from European Union funds, people close to the matter told MEDIAFAX Wednesday.

Romania Postpones Introduction Of Mandatory Energy Certification As Of June 15

15:21, 12 Mai 2010
Romania’s Government has postponed the June 15 introduction of mandatory energy certification for real estate transactions, says a press release issued Wednesday by the Development Ministry.

Romania’s Govt Adopts Decision To Implement Digital Television

15:08, 12 Mai 2010
Romania’s Government adopted a decision to implement digital television, which will enable telecoms regulator ANCOM to start procedures to award the first two licenses in the sector, Communications Minister Gabriel Sandu told MEDIAFAX Wednesday.

Romanian Disabled People, War Veterans Affected By Cost Cutting Program

11:15, 12 Mai 2010
Romania will slash social benefits by 15% starting June 1 and the measure will also be applied for people with disabilities, war veterans and widows, ex-political prisoners and deportees, as well as for pensioners whose spouses died, according to a draft emergency decree to cut social spending.

Romania To Repeal Laws Regulating Newborn’s Trousseaus, Financial Aid For Newlyweds

09:18, 12 Mai 2010
Romania’s Government will repeal the laws regulating trousseaus for newborns and financial aid for newlyweds, according to a draft emergency decree to reduce social spending.

Romania No Longer Grants Treatment Vouchers Contracted Via Pension House In 2010 – Draft

21:08, 11 Mai 2010
The Romanian Government will no longer grant the spa treatment vouchers that were to be contracted via the National Pension House in 2010, according to a draft emergency decree regarding public spending cuts.

Romanian Farmers Picket Govt HQ Tuesday Calling For Subsidies, EU Funds

13:46, 11 Mai 2010
Over 1,200 Romanian farmers picket Tuesday for two hours the Government’s headquarters, calling for payment of overdue subsidies, lower excises on fuel used in farming and access to EU funds.

Romania Slashes Child-Rearing Benefit From June 1 – PM Adviser

11:53, 11 Mai 2010
Romania’s Government will reduce child-rearing benefits starting June 1 and it will soon be decided whether the benefits will drop to a given percentage or a fixed sum, said Tuesday Andreea Paul-Vass, economic adviser to Prime Minister Emil Boc.

Romania’s Govt Pledges To Enforce Healthcare Co-Payments

20:20, 10 Mai 2010
Romania’s Government pledged that it will introduce the co-payment system for healthcare services and that exemptions from co-payment will not exceed a set cap, according to the country's agreement with the International Monetary Fund and the European Commission.

Romania Freezes Early Retirement, Limits Retirement For Incapacitated People

17:58, 10 Mai 2010
The Romanian Government will freeze early retirement starting June 1, 2010 until the country’s new pension law is enforced, and pensions for incapacitated people will be granted only if they were previously approved by Labor Ministry medical assessment teams.