Government
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How the Government sees PPPs: We have adopted the law, now the private sector should come up with the money!
Public-Private Partnerships (PPP) do not mean that the Government comes with the plot and then sits around waiting for investors to bring the money, do the project and then share the benefits with the state, although quite a few government officials believe th...
Social security contributions will not be cut, economic growth forecast revised down for 2012, kept at 1.5% for 2011
The IMF and the Government are today presenting the results of the first review of the new precautionary arrangement with the IMF, after last week the two parties had yet to reach final agre...
Review after two years of “First home” scheme: Has it achieved its purpose?
The scheme started by the Government nearly two years ago in order to revive the construction sector and the economy, has turned into a social one that has supported banks, put an end to the...
Government approves "First Home" 4 norms: banks can trade portfolios among them
The fourth edition of the "First Home" scheme, where banks will be able to grant mortgages half guaranteed by the state if they agree to halve the guarantee for the loans sold as part of the...
Red tape record: 14 signatures on a document sent by the Finance Ministry
The large number of signatures and stamps needed on documents issued by state institutions is only meant to cover the incompetence of workers in the administrative sector, which saw more tha...
Recalculation of first 25,000 special military pensions sees Government spending up instead of down
By recalculating the 25,000 military pensions, the Government spends 8% more than it did before the recalculation, according to ZF calculations.
Government cuts jobs in schools and hospitals, spares civil servants
Here is how the restructuring was done: the government cut 19,000 positions from the education system and 13,000 from hospitals, but only 9,000 from ministries. The number of civil servants...
What is Boc "buying" with 2 billion euros?
The Governernment has 2 billion euros left for spending in the last month of the year, after the deficit went up to 5.2% of GDP eleven months into the year, 1.6% below the 6.8% target agreed...
Tough days for Government: two censure motions and budget bill
The Boc Government will have to face a few serious hurdles over the next few days, two censure motions, as well as pass through Parliament the 2011 budget bill, which, unless it gathers the...