government

Romania, IMF Set 2010 Budget Gap Target At RON32B

20:59, 23 Feb. 2010
Romania and the International Monetary Fund agreed on a deficit target at the general consolidated budget of 31.9 billion lei (EUR1=RON4.1224) in 2010, according to the supplementary letter to Romania’s standby arrangement with the IMF.

Romania Pledges To Approve Unitary Wage Law Norms By September 2010

20:46, 23 Feb. 2010
Romania’s Government pledged to approve the norms to implement the unitary wage law by the end of September, cut staff expenses, other than wage costs, by 30%, as well as reduce bonuses for civil staff, according to the country’s additional letter of intent to the standby agreement with the IMF.

Romanian Govt Approves Building Rural Homes For Specialists, Selling Rented State-Built Homes

15:00, 23 Feb. 2010
Romania’s Government Tuesday approved three acts proposed by the Ministry of Regional Development and Tourism, on renting state-built homes, housing specialists in rural areas and improving buildings threatened by earthquakes.

Romania Govt Formally Accepts EUR2.45B Disbursement From IMF

13:06, 23 Feb. 2010
Romania’s government on Tuesday adopted an emergency ordinance allowing the transfer of EUR2.45 billion under a standby agreement with the International Monetary Fund.

Romania Ups Housing Program’s Guarantee Cap To EUR75,000

15:50, 17 Feb. 2010
Romania's government on Wednesday raised the upper guarantee cap for the first-time homebuyer credit to EUR75,000 per loan, from a previous EUR60,000, Finance Minister Sebastian Vladescu said.

Romanian State-Made Homes May Be Bought Through “First Home” Program

14:21, 17 Feb. 2010
Homes built through the Romanian National Housing Agency (ANL) may be bought through the “First Home” program, Prime Minister Emil Boc announced Wednesday after the Cabinet meeting.

Romania’s Opposition Social Democrats Dismiss Pension Law As Unconstitutional

18:31, 12 Feb. 2010
Romania’s Social Democratic Party said in a press release Friday the draft law reforming the country’s public pension system, approved by the Government Wednesday, is unconstitutional.

Romanian Govt OKs Pension Reform

12:57, 10 Feb. 2010
Romania’s Government Wednesday approved the draft law reforming the country’s public pension system and the act will be sent to Parliament for urgent debates and approval, people close to the matter told MEDIAFAX.

Romania Bans Sale, Distribution Of Hallucinogenic Plants

10:01, 10 Feb. 2010
The Romanian Government on Wednesday adopted an emergency decree banning the distribution and sale of 36 plants and hallucinogenic substances.

Romanian Govt Postpones Talk On Mandatory Energy Certification For Buildings

13:22, 05 Feb. 2010
The Romanian Government has postponed talks on making energy certification for buildings mandatory as of March, saying procedures to apply the new system are not clear enough and the country lacks a sufficient number of energy auditors, people close to the matter told MEDIASFAX Friday.

Romania To Pay 13th Salary For 2009 Until April, Scrap It As Of 2011 – PM

09:12, 03 Feb. 2010
Romanian Prime Minister Emil Boc said Tuesday evening on B1 TV the extra 13th monthly salary per year for 2009 will be granted to public sector employees until April 2010, depending on budget loans approved by the Finance Ministry, but stressed this salary will no longer be paid in 2011 for 2010.

Romania Earmarks RON439M For Furlough Measures In 2010

12:12, 02 Feb. 2010
Romania’s government will assign 439 million lei (EUR1=RON4.0805) to extend furlough measures in 2010 and expects 200,000 employees will benefit, Prime Minister Emil Boc told lawmakers Tuesday.

Romanian PM To Address Parliament On Govt’s Legislative Priorities

15:00, 01 Feb. 2010
Romanian Prime Minister Emil Boc will present the Government’s legislative priorities in Senate Monday, at 5 p.m. and in the Chamber of Deputies Tuesday at 10 a.m., the standing offices of the two chambers of Parliament decided Monday.

Romanian Govt OKs National Power Holdings Setup

17:46, 29 Ian. 2010
The Romanian government approved the reorganization of the energy sector by creating two national power holdings which include almost all the state-owned assets in the field, people close to the matter told MEDIAFAX Friday.

Romania Govt To Approve Draft Pension Law Next Week, Send It To Parliament For Adoption

15:13, 29 Ian. 2010
Romania’s government on Friday analyzed the final form of the draft law on the unitary public pensions and decided to approve it in its meeting next Wednesday in order to send it to the Parliament for adoption immediately, people present at the talks told MEDIAFAX Friday.

Romania’s Govt Approves Decree To Set Up Citizenship Special Agency

14:56, 29 Ian. 2010
Romania’s Government approved Friday the decree setting up the National Agency for Citizenship to grant Romanian citizenship to those who lost it.

Romanian Govt Plans To Strengthen Social Protection Measures For Low-Income Families

11:26, 29 Ian. 2010
Romania's government plans to introduce a package of laws to reform the social protection system and laws will target to ban social benefits, such as trousseaus for newborns, for people holding "Mercedes cars and villas" and grant it to low-income families, Prime Minister Emil Boc said Friday.

Romanian Govt To Issue Law Allowing Furlough Come Feb 1

20:04, 27 Ian. 2010
The Romanian Government will approve early February a draft law regulating furlough measures to protect employees, starting with February 1, 2010, in a fashion similar to the system applied last year, said Prime Minister Emil Boc, after talks with unions and employers.

EU Ambassadors Urge Romania To Tackle Abusive Public Auction Proceedings -Sources

11:08, 26 Ian. 2010
Ambassadors to Bucharest of European Union members states told Romanian Prime Minister Emil Boc that foreign companies operating in Romania keep complaining about trials pending in court way too long and about abusive auction proceedings, by cancelling auctions based on no solid grounds.

Romanian Govt OKs Pwr Producers To Use Coal, Fuel Oil From State Reserve

09:49, 26 Ian. 2010
The Romanian Government authorized 21 power producers to borrow 1.9 billion tons of coal and 172.9 million tons of fuel oil from the state reserve until October 21.

Romanian Prime Minister Boc Announced Draft Education Law To Be Approved By End Of March

15:14, 25 Ian. 2010
Romania's draft law on national education will be approved by the Government by the end of March and sent to Parliament for adoption, Prime Minister Emil Boc announced Monday, after a discussion with ambassadors of EU states.

Romania’s Govt Urges Industrial Consumers To Reduce Natural Gas Consumption

18:34, 24 Ian. 2010
Romania’s Government urged the country’s big industrial consumers to reduce their natural gas consumption at this time of the year, and asked thermal power plants to use crude oil to avoid gas imports.

Romania’s Pension Law To Be Approved By Govt In February – PM

14:50, 24 Ian. 2010
Romania’s Government will approve the draft pension law at the beginning of February, so that it can be sent to Parliament for debates, Romanian Prime Minister Emil Boc said Sunday.

Ford To Use EIB Loan To Produce Eco-Friendly Car At Romanian Plant

11:10, 21 Ian. 2010
Ford Romania will use a EUR400 million loan from the European Investment Bank to finance current operations at its Craiova plant and manufacture an environmentally friendly small car, Ford Europe’s vice-president for legal affairs Wolfgang Schneider said Thursday.

Romanian Unions, Employers Call On Govt To Allow Extended Furlough

16:04, 20 Ian. 2010
Romania’s union confederation Cartel Alfa and employers’ association UGIR-1903 will send a letter to Prime Minister Emil Boc Thursday calling for a government emergency decree extending the allowed period for furlough from the current three months.

Romanian Retirees Want Pension Point Set At 45% Of Average Gross Wage

19:19, 15 Ian. 2010
The Alliance of Romanian Pensioners (APR) Friday urged the Government and the country’s lawmakers to set the pension point at 45% of the average gross wage.

Romanian Govt To Impose Faster Labor Contract Registration, On EC Request

15:42, 15 Ian. 2010
The Romanian Government has decided, on the European Commission’s request, to amend labor legislation in an effort to fight evasion, by compelling firms to register labor contracts faster - one day before work commences, instead of current 20 days from the signing of the contract.

Romania Plans To Cut Staff Spending By EUR100M Through Public Admin Layoffs

20:33, 13 Ian. 2010
Romania’s government estimates to cut staff costs paid out from local budgets by RON471.5 million (EUR114.4 million) in 2010, by sacking nearly 17,000 local administration employees, which will save nearly RON550 million over the next four years.

Romanian Lawmakers Allow Govt To Pass Decrees During Parliament Recess

09:40, 12 Ian. 2010
Romania’s Chamber of Deputies Monday adopted the draft law regulating the Government's ability to issue decrees during the Parliament’s recess.

Romanian Unions, Govt To Discuss Plan To Collect Social Security Contributions From Journalists

17:15, 09 Ian. 2010
Romanian journalists union MediaSind and Press Employers’ Association ROMEDIA announced they would meet next week with the government in order to stop its plan to remove exemptions from the payment of social security contributions for income gained from copyright and royalties.

Romania’s Govt Decides To Lay Off About 3,000 Social Workers

09:27, 07 Ian. 2010
Romania’s Government decided Wednesday to lay off about 3,000 employees in social assistance units, after applying cost standards meant to reduce costs by 37% compared to 2009 and save 350 million lei (EUR1=RON4.1620) of the state budget.

Romania’s Senate Allows Govt To Pass Decrees During Parliament Recess

13:37, 06 Ian. 2010
Romania’s Senate adopted Wednesday with 60 to ten votes and one abstention the draft law regulating government’s ability to issue decrees during the Parliament’s recess.

Romanian Govt To Reduce Variable Salaries, Layoff Employees To Limit Staff Expenses

13:38, 30 Dec. 2009
The Romanian Government may not increase public sector salaries in the last six months of its term, but variable salary rights may be decreased in order to meet the quarterly limits on staff expenses, together with layoffs.

Romania PM Calls On Lawmakers To Debate Fiscal Liability Law With Urgency

17:58, 29 Dec. 2009
Romania’s Prime Minister Emil Boc on Tuesday said the fiscal liability law will be approved by the government and sent to Parliament, and called on lawmakers to debate the draft with urgency.

Romanian Govt Counts On Recent Measures To Cut Budget Spending To 2.5% Of GDP

17:03, 29 Dec. 2009
Romania’s government estimates its recent measures to freeze pensions, scrap several social facilities and defer some of its obligations will cut public spending by 13.5 billion lei (EUR1=RON4.2099), or 2.5% of GDP, and failure to adopt these measures would boost the budget deficit to 8.4% of GDP.

Romanian Clunkers Program To Continue In 2010 – PM

16:41, 29 Dec. 2009
The Romanian Government will continue the clunkers program in 2010, Prime Minister Emil Boc said Tuesday.

Romanian Self-Financed Public Institutions Exempt From Meal Voucher Ban

12:39, 29 Dec. 2009
Romanian public institutions financed entirely through their own means, such as schools and hospitals, will be allowed to grant meal vouchers to their employees, an exception to the rule imposed by the Government as of next year.

Romanian Government Approves 2010 Draft Budget

10:22, 24 Dec. 2009
Romanian government on Wednesday has approved a much-needed draft budget for 2010, which will be sent to parliament on Thursday for urgent debates and approval.

Romanian PM Gains Parliament Confidence Vote For New Cabinet

15:16, 23 Dec. 2009
Romania’s Parliament Wednesday gave a confidence vote to the 15-minister Cabinet proposed by democrat liberal Prime Minister Emil Boc, which now has to adopt the 2010 state budget and submitted to Parliament in a bid to unlock further tranches of an IMF-led EUR20 billion loan the country relies on.

Romania’s PM-Designate Seeks Parliament Confidence Vote For New Govt To Unlock Bailout Money

10:40, 23 Dec. 2009
Romania’s Prime Minister-designate Emil Boc seeks a confidence vote in Parliament Wednesday for his 15-minister cabinet, which needs to push through next year’s state budget and unlock further tranches of an IMF-led EUR20 billion loan the country relies on.