10.28.2014

The government will extend by two and a half years, until the end of 2017, the period during which it will help thermal power plant Mintia, owned by state energy holding CE Hunedoara, sell energy, more

10.23.2014

Romania's government debt dropped by RON218 million in the second quarter compared to the first, to RON248.3 billion (38.5% of GDP), making it the third lowest public debt to GDP ratio in the European more

10.21.2014

The Romanian government approved Tuesday an emergency decree whereby energy holding CE Hunedoara will take over the debt the coal mining company CNH owes the tax authority ANAF. more

10.15.2014

Romania’s Economy Minister Constantin Nita said the European Commission on Wednesday approved the state aid scheme aimed at supporting large energy consumers. more

10.08.2014

A lower sales tax on bread constitutes a basis for a lower tax on other products, such as organically farmed products, meat, fruit and vegetables and tax evasion in agriculture is sometimes "a means more

10.07.2014

Romania's government strategy for the development of small and medium-sized businesses (SMEs) sees the number of SMEs growing by 200,000 by 2020, from 474,000 active SMEs at present. more

09.28.2014

The Ministries of Labor, Public Administration, Defense, Justice, Interior and Foreign Affairs will get extra money at the second budget revision, while funds will be cut from Health, Agriculture, more

09.23.2014

Romania's Cabinet run by Prime Minister Victor Ponta survived a no-confidence vote in Parliament on Monday, following a motion pushed by the opposition Christian Liberal Alliance. more

09.22.2014

Romanian government postponed Monday the gas price increase for household consumers, a measure set for October, by a decision which also stipulates the renegotiation of the calendar on eliminating more

09.12.2014

Erste Bond Flexible and Raiffeisen RonPlus, Romania’s biggest mutual funds, with overall assets of 8.5 billion lei (EUR1.9 billion), have RON3.8 billion (EUR860 million) invested in government more

09.10.2014

The Romanian government will launch a state aid scheme for businesses, valid until 2020, with a total budget of RON2.7 billion (EUR600 million) to finance tangible and intangible asset costs of a more

09.04.2014

The Romanian Government on Thursday approved a decision raising the maximum ceiling allocated for additional payments for ecological farming in 2014 to EUR7 million from the current EUR3 million. more

08.22.2014

Romanian companies majority owned by the state, including their subsidiaries, will be allowed to transfer assets, through direct negotiation, to other firms majority held by the state, in a move to more

07.31.2014

The government paper issue the Finance Ministry is preparing together with the Bucharest Stock Exchange will most likely be released in October-November and be worth up to 100 million lei (EUR23 more

07.28.2014

The tax on apartments located in buildings more than three stories high, which include eight housing units, and on dwellings located in old buildings more than 30-50 years old will see a slight more

06.25.2014

The government wants the number of small and medium-sized enterprises (SMEs) active in Romania to increase by over 40% by 2020, to 670,000 firms expected to employ 3.2 million people, compared to 2.6 more

06.18.2014

The Romanian Government on Wednesday approved the 2014 budget of Bucharest subway operator Metrorex, which envisages loss of over 66.5 million lei (EUR15.1 million) this year. more

06.16.2014

The Romanian Government plans to offset the negative impact on revenue collections to the state budget, calculated at 4.8 billion lei (EUR1.09 billion) for 2015, due to the planned cut in the social more

06.12.2014

The Romanian Government and the International Monetary Fund (IMF) have failed to reach an agreement on the lowering of the social security contributions by five percentage points as of July 1, people more

05.29.2014

Romanian Prime Minister Victor Ponta said Thursday that the Government is close to drafting a new Partnership Agreement with the European Union for 2014-2020 and the EU funding programs for this more

05.13.2014

The Romanian Government has decided to write off tax debts owed by 15 companies in the defense industry that manufacture or sell weapons, ammunition and military equipment, citing the current more

05.08.2014

Romanian Prime Minister Victor Ponta said Thursday that loan restructuring will be optional for both banks and individuals and the measure will probably be applied starting July 1, 2014. more

05.06.2014

The Romanian Government will apply the law regulating public sector wages so as to increase the salaries of low-income youths, according to the government’s convergence program for 2014-2017 sent to more

04.23.2014

Romanian government approved Wednesday the emergency ordinance regarding the tax exemption on reinvested profit for investments in technological equipment carried out between July 1, 2014 and December more

04.15.2014

Romania's government via the Finance Ministry will get more than 1.57 billion lei (EUR351 million) in dividends from listed companies this year, more than one third of the total dividends paid by the more