01.04.2012

Romania posted an economic growth close to 2% in 2011 and it has kept the budget deficit below the target of 4.4% of the gross domestic product, Prime Minister Emil Boc said Wednesday. more

12.20.2011

The Romanian government will select by next spring a partner for its planned 1,000-megawatt hydropower plant in Tarnita-Lapusteti, an investment valued at over EUR1 billion, Prime Minister Emil Boc more

12.14.2011

The Romanian Democratic Liberal Party, part of the ruling coalition, backs Romania’s accession to the fiscal union pact agreed upon by EU leaders last week, party leader Emil Boc said Wednesday. more

12.12.2011

Romania will be able to finance the budget deficit set for next year at 1.9% of the gross domestic product by borrowing money from foreign and the local market, Prime Minister Emil Boc said Monday, more

12.09.2011

Romania is in favor of imposing stricter fiscal rules in the European Union, including penalties for exceeding a budget gap of 3% of the gross domestic product and a government debt of 60% of GDP, more

11.27.2011

Romanian Prime Minister Emil Boc told ProTV in an interview Sunday he will resign if the Government fails to meet economic targets for next year, adding he does not want a new term as prime minister more

11.24.2011

Romania shares the international community's concerns about Iran and will respect the decisions taken in the UN and the EU, as a peaceful and diplomatic solution to the issue is preferable, Prime more

11.18.2011

The Romanian Government will unfreeze hiring in the health, education and administration sectors next year, if the need for more staff is high, Prime Minister Emil Boc said Friday on public radio. more

11.15.2011

Romanian Prime Minister Emil Boc said the government will revise the state budget next week at the latest, providing more funds to the ministries of Health, Culture and those running investments in more

11.11.2011

The capital of Romania's National SME Loan Guarantee Fund will be raised by 250 million lei (EUR57.5 million) in 2012, according to Prime Minister Emil Boc. more

10.25.2011

The Romanian Government will propose a prudent draft 2012 budget, which should protect Romania from major risks if the situation in Europe does not improve, and none of the budget scenarios states more

10.21.2011

The Romanian Government said Friday it supports the bill banning usury in the format adopted recently by the Chamber of Deputies. more

10.20.2011

Romanian Prime Minister Emil Boc said Thursday that the country will have "123 km of highway" by the end of the year, of which 90 km are already open for traffic. more

10.20.2011

Romanian Prime Minister Emil Boc said Thursday the Government wants Romania to reach a European fund absorption rate of at least 20% in 2012, as the money attracted will help the country’s economy. more

10.20.2011

Romanian Prime Minister Emil Boc said Thursday the Government has not held talks on introducing new taxes to allow for future pension increases. more

10.18.2011

Romania could slip back into recession anytime next year, Prime Minister Emil Boc said Tuesday, adding the Government needs to continue its restructuring measures and prioritize investments. more

10.17.2011

Romania's Government has completed the draft of next year's state budget, but it will be sent to Parliament after the European Commission (EC) announces the economic growth forecast and after the more

10.16.2011

Romanian Prime Minister Emil Boc on Sunday dismissed Silviu Bian from his position of state secretary and head of the National Employment Agency, following his arrest on corruption charges, Government more

10.16.2011

Romanian Prime Minister Emil Boc said Saturday at a party meeting the Government has not included any plans to tax pensions in its draft state budget for next year, denying recent media allegations. more

10.07.2011

Romania will ask the European Union to redirect EU funds from programs that failed to absorb the sums allotted to programs which spent the entire amount of funds and register further financing more

10.07.2011

Romanian Prime Minister Emil Boc said the Government has five major projects it wants to implement through public-private partnership – a hydropower plant, two new reactors for the Cernavoda nuclear more

10.07.2011

Romania has provided EUR300 million in state aid for 20 investment projects worth more than EUR1.1 billion, through an aid scheme approved by the European Union, Prime Minister Emil Boc said Friday in more

10.05.2011

Romanian Prime Minister Emil Boc said Wednesday the Government has taken no institutional steps to reshuffle the Cabinet. more

09.30.2011

Romania’s Prime Minister Emil Boc said Friday he is confident that, in the next six months, the Government will attract companies to continue investments in Cluj after the closing of Nokia's factory more

09.28.2011

Romanian Prime Minister Emil Boc told ministers Wednesday he will take over the coordination of the center aimed to promote commerce and foreign investments. more