02.26.2014

Liberal Cabinet ministers, state secretaries and heads of government agencies have tended their resignations and social democrat Prime Minister Victor Ponta said he would present a new Cabinet in more

02.21.2014

Government will guarantee 80% of each Romanian company’s investment in the Republic of Moldova, assigning 1 billion lei (EUR20.4 million) in this respect for 2014, Prime Minister Victor Ponta more

02.20.2014

Radu Ghetea will be dismissed as head of Romania’s state-run CEC Bank, Prime Minister Victor Ponta said Thursday. more

02.05.2014

The Romanian government will most likely approve the draft law on capping cash payments and bank fees next week, Prime Minister Victor Ponta stated, adding that he had talks in this respect with the more

02.04.2014

The International Monetary Fund expects Romania’s stimulus package for bank debtors will jump-start lending recovery and boost domestic consumption, Romanian Prime Minister Victor Ponta said more

01.29.2014

Romania's government is considering postponing the introduction of a higher excise tax on diesel fuel by another three months if the option is proven economically viable, Prime Minister Victor Ponta more

01.22.2014

Prime Minister Victor Ponta said he thinks the European Commission’s latest Cooperation and Verification Mechanism (CVM) report released Wednesday shows that Romania has made huge progress, more

01.22.2014

Romanian Prime Minister Victor Ponta announced that the secretary of state in the Interior Ministry Constantin Chiper would be dismissed, adding that he would also order the replacement of the more

01.07.2014

Romanian Prime Minister Victor Ponta asked minister delegate for Energy, Constantin Nita, to prepare a draft with the Justice Ministry representatives, so that the Government would approve the more

01.07.2014

Romania posted a budget deficit of 2.5% of the gross domestic product in 2013, while the economic growth was slightly higher than estimated, Prime Minister Victor Ponta said Monday evening. more

12.23.2013

The Romanian government will assess the impact of delaying a higher excise on fuel after the first quarter but a potential gap in budget revenues would only be corrected in the second half of the more

12.18.2013

Romanian Prime Minister Victor Ponta Wednesday said the planned increase in fuel excises by EUR0.07/liter, starting January 1, 2014, will be delayed for three months, until March 31, 2014. more

12.09.2013

Central bank governor Mugur Isarescu did not bring about the meeting last Tuesday between Romanian President Traian Basescu and Prime Minister Victor Ponta on the state budget and on the letter of more

12.03.2013

Romanian President Traian Basescu plans to send back to parliament the 2014 state budget bill and will propose clear alternatives to raising excise duties on fuels, so the country will be able to meet more

12.03.2013

Romania’s President Traian Basescu reconfirmed that he will not sign the country’s latest memorandum of understanding with the International Monetary Fund, Prime Minister Victor said Tuesday, more

12.03.2013

Romanian President Traian Basescu will meet a delegation headed by Prime Minister Victor Ponta later Tuesday to settle a dispute regarding the country’s latest memorandum of understanding with the more

11.12.2013

Romani could list energy companies Hidroelectrica and Electrica both in Bucharest and London next year, following a similar public offering for Romgaz’s shares, Prime Minister Victor Ponta said more

11.04.2013

Romania will increase excise duties as of January 1, 2014 in ratio with inflation and not the currency exchange rate, Prime Minister Victor Ponta said Monday, confirming information published recently more

11.01.2013

Romania’s Government will seek a confidence vote in Parliament on a bill decentralizing public administration “around November 15", Prime Minister Victor Ponta said Friday. more

10.30.2013

Romania will double the agricultural area used for organic farming in the next seven years, Prime Minister Victor Ponta said Wednesday. more

10.25.2013

Recent information alleging Romania’s social-liberal ruling coalition USL plans to increase the flat tax from the current 16% to 22%, in a move to boost state budget revenues, has caused quite a more

10.24.2013

Romania will revise down its state budget for 2013 at this year's second budget revision, which is scheduled for end-October, Prime Minister Victor Ponta said Thursday. more

09.25.2013

The subway mainline linking the Bucharest area of Drumul Taberei to the city center will be ready in 2016, one year later than planned, Prime Minister Victor Ponta said Wednesday, adding he is more

09.10.2013

All documents concerning the gold mining project in Rosia Montana, western Romania, will be declassified and made public by Minister-delegate for Infrastructure Projects Dan Sova Wednesday, Romanian more

09.09.2013

The only solution to the gold mining project in Rosia Montana, western Romania, is for the plan to be rejected with urgency by the Senate and the Chamber of Deputies and “that’s that,” Prime more