Romanian Government
11 articole · RSS
Government kicks off employment in local authorities and gives extra pay to those working with EU funds
The government has dropped the rule according to which in local authorities only one can be hired per seven vacancies. The norm has been extended to consider the number of vacant jobs in an entire county, which means that, by cumulating jobs, more people can b...
Growth of VAT revenues slows down to 25%
The growth rate of revenues collected from VAT slowed down by nearly half in December against November, the lowest growth rate recorded after the VAT was raised by five percent.
Government allocates more money for salaries and pensions
The Government yesterday approved the second budget revision, which saw additional resources allocated for the payment of salaries and pensions until the end of the year, as well as cuts to...
Message to Government: Take ten steps back and let the economy work
Codruț Pascu, managing director of consultancy Roland Berger, says the private sector is the one that should chose Romania's development directions, with the state only being responsible wit...
IMF lends another 900m euros to Romania
Another 884 million euros are going into the foreign currency reserve managed by the NBR (National Bank of Romania) after the IMF board approved on Friday the release of the sixth instalment...
Analysts: New Government, too, will have to build its policies around the IMF arrangement
Romania needs to improve its credibility after the political turmoil surrounding the reshuffling, with the new Government in turn needing to build its policies around the IMF arrangement, by...
Analysts: It's just a matter of time until builders' stocks rebound
In most of the cases, construction firms saw their turnover plunge in the first half of the year, but analysts count on a rally starting next year.
Government works with 2 scenarios for cutting flat tax: 10% or 12%
According to documents seen by Ziarul Financiar, the Boc government has two scenarios for cutting the income tax in 2011: 10 or 12% . The revenue reduction is expected to be compensated for...
IMF: New redundancies, payment of arrears, and reforms for the next tranches to be released
Making 74,000 redundancies in the public sector until the end of the year and a further 15,000 in 2011, the immediate payment of 1.9 billion RON in debts to the pharmaceutical sector, and dr...