10.12.2011

The Romanian Competition Council fined 7.8 million lei (about EUR1.8 million) medicine producers Baxter and Belupo and their distributors for sealing antitrust agreements impeding medicine exports. more

10.06.2011

The Bucharest Court of Appeals cancelled a 150,301 lei (EUR34,850) fine applied by the Competition Council in 2010 against private pension fund Aegon Fond de Pensii for breaching the law regulating more

10.06.2011

Romanian competition authorities on Thursday performed unannounced inspections at the headquarters and branches of 17 companies suspected of rigging bids in auctions held by Transgaz (TGN.RO) and more

10.05.2011

Romania's Government will create the National Competitiveness Council, whose task will be to develop a new economic strategy concerning competitiveness and to present reports on "the economic more

09.27.2011

The Romanian Competition Council challenged the decision of the Bucharest Court of Appeals which suspended a 147.98 million lei (about EUR34.32 million) fine against mobile operator Orange Romania. more

09.26.2011

Romanian President Traian Basescu on Monday stressed that it is important for the Government to launch and attract investments, in order to create jobs. more

09.26.2011

Romania's Defense Council on Monday approved a plan to reconfigure the public order system, with the Government to adopt the legislation necessary to transfer duties related to public order and more

09.26.2011

Romania's Defense Council on Monday approved the draft Government Decision green-lighting the first stage of the privatization of national railway company CFR Marfa and mandating the Transport more

09.26.2011

Romania will withdraw its 178 gendarmes and police officers from Kosovo, when their tour of duty ends in December, the High Defense Council (CSAT) decided Monday. more

09.22.2011

A decision on Romania and Bulgaria’s accession to the border-free Schengen Area has been postponed Thursday, as the matter was not put to the vote at the meeting of the Justice and Home Affair more

08.31.2011

Bucharest's General Council on Wednesday is discussing borrowing EUR800 million to be used to restructure debt and for future projects. If the councilors approve the project, and the Finance Ministry more

08.12.2011

The fiscal-budgetary strategy does not evaluate the risks that could affect macroeconomic and budget indicators, does not specify adjustment measures and does not give reasons for personnel expense more

08.11.2011

Romania’s 2012 budget deficit target of 3% of the gross domestic product will be “very difficult to achieve”, particularly since the fiscal strategy doesn’t factor in the situation of more

08.03.2011

Romania’s Fiscal Council Wednesday said the budget revision draft proposed by the Finance Ministry breaks the fiscal responsibility law because the additional money to be allocated at the revision more

07.27.2011

The price of thermal power in Bucharest has been raised to 169.88 lei/Gcal (including VAT), from RON124/Gcal as of August 1, according to a decision of the City Council. more

07.22.2011

The Romanian Competition Council has challenged the decision of the Bucharest Court of Appeals which suspended a 120.35 million lei (about EUR28 million) fine against mobile operator Vodafone Romania. more

07.14.2011

Romania’s Competition Council said that “a priori” it is not against a likely takeover of cable service company UPC by telecom operator RCS&RDS, antitrust watchdog president Bogdan Chiritoiu more

07.13.2011

The members of the Romanian Competition Council's Plenum will be appointed by the President of Romania, according to the proposals of the Consultation College and not the Government, which will only more

07.13.2011

The Romanian Government may block company takeover operations if the country’s defense council CSAT believes such moves threaten national security. more

06.26.2011

Romania’s High Council for National Defense (CSAT) will convene Monday at 6 p.m. for talks on the fighting forces and military equipment the country will be able to ensure in 2012 for military more

06.10.2011

The plan for Bucharest's administrative reorganization has been cancelled, after city councilors voted 34 to 1 to repeal the decision to hold a referendum on June 26. more

06.09.2011

The Bucharest Court of Appeals on May 19 suspended the execution of a decision by the Competition Council, whereby mobile operators Orange Romania and Vodafone Romania, are to pay fines in the more

06.07.2011

Romania sent an official note to the European Commission regarding its improved scheme to support renewable energy producers, after the country’s antitrust watchdog has sanctioned the project. more

05.26.2011

Bucharest's general council on Thursday rejected a draft decision introducing a 3% tax on hotel revenue from accommodation in 2012. more

05.26.2011

The Romanian Government will unfreeze jobs in courts facing excessive workload, but the High Council of Magistrates will also have to find solutions to step up trials, Prime Minister Emil Boc said more