08.10.2016

The level of emergency stocks of crude oil and/or of oil products that must be set up for 2016 and maintained under Law no. 360/2013 was set at 1,238,183 tons of oil equivalent (toe), according to a more

08.10.2016

The Romanian Government has approved a bill regarding issuers of financial instruments and market operations, which includes regulations meant to boost transparency and integrity on the capital more

08.03.2016

The Romanian government will adopt the budget revision in the government session on August 10; meanwhile it is opened to public debate on the website of the Finance Ministry, government spokesperson more

06.29.2016

Prices of locally produced natural gas will stagnate at the current value of RON60/megawatt hour (MWh), from July 1, 2016 until March 31, 2017, said Romanian Energy Minister Victor Grigorescu. more

06.21.2016

Recruitment drives in prisons and churches are no longer enough to cover the staffing needs of companies. more

05.31.2016

The former government was more actively involved in working with the business sector than the current one, Dragos Anastasiu, chairman of the transport and travel group Eurolines and one of the more

05.26.2016

Last year was the best since 2012 in terms of dividends paid by the companies in which the Energy Ministry is minority or majority shareholder, 1.7 billion lei (EUR377 million). The dividends paid more

05.18.2016

Romania’s Agriculture Ministry allocates approximately RON1.7 billion, from privatization proceeds, to make faster subsidy payments to farmers. more

04.06.2016

Salaries of more than half of public sector employees in Romania will rise on average 5% starting August 1, 2016, Government spokesperson Dan Suciu said Wednesday. more

03.23.2016

The Romanian Government on Wednesday decided that towns and communes can take out loans from the State Treasury within a maximum amount of RON400 million, in order to complete projects of up to EUR5 more

02.24.2016

Romania's government will discuss a draft law Wednesday toughening rules concerning the manufacture, presentation and sale of tobacco and related products, which includes a banning menthol and more

02.18.2016

The Romanian Government has assigned over RON105 million to facilitate the closure of uncompetitive coal mines within state-run mine closing company Societatea Nationala de Inchideri Mine Valea Jiului more

01.06.2016

The Romanian government will draft a list of at least ten state-run companies that will get corporate management and it will also improve the selection process, government spokesperson Dan Suciu said more

12.23.2015

The Romanian Government on Wednesday adopted an emergency ordinance putting off the enforcement of the personal bankruptcy law until December 2016, said the Executive spokesperson Dan Suciu. more

12.09.2015

Romania's government on Wednesday approved the state budget plan for next year, which targets a budget deficit of 2.8% of gross domestic product and considers an economic growth projection of 4.1%. more

12.08.2015

The new government, with a one-year mandate, should focus on few, clear projects, mainly on increasing tax collection, which would be clearly communicated, an on increasing transparency and efficiency more

11.17.2015

Romanian Prime Minister-designate Dacian Ciolos' proposed Cabinet of technocrats secured a confidence vote in Parliament Tuesday for a limited one-year term, until the country holds a general election more

11.09.2015

Romanian central bank governor Mugur Isarescu reckons a technocratic government could handle the challenges Romania is facing if it is given a clear and limited mandate, with macroeconomic stability more

11.03.2015

The Romanian government will support investments in defense companies so that they would resume the manufacturing of the products necessary to the National Defense, Public Order, And National Security more

10.23.2015

Romania’s government debt fell 0.4 percentage points to 38% of the gross domestic product, or RON259.48 billion, in the second quarter of 2015, from 38.4% in the first quarter, Eurostat data showed more

10.23.2015

Romania's government on Friday approved this year's second budget revision, cutting funding for infrastructure and raising the health care budget to cover wage hikes, while keeping the deficit target more

10.21.2015

Romania places fourth in the European Union by the lowest ratio of government debt to GDP in 2014, with 39.9%, being outranked by Estonia (10.4%), Luxembourg (23%) and Bulgaria (27%), Eurostat data more

10.07.2015

The Romanian government approved Wednesday the agreement whereby Romania will grant a loan worth EUR150 million to the Republic of Moldova. more

09.02.2015

The Romanian Government plans to build an energy group of 600 MW at state-owned thermal power producer Rovinari, within energy holding Complexul Energetic Oltenia (CE Oltenia), a project worth nearly more

08.28.2015

The Ponta Government announced a record budget surplus of 1% of the gross domestic product, 7 billion lei (EUR1.6 billion) in January-July, some of which it will use for wage raises, while capital more