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Favourable report in Senate for government decision 9/2017 allowing unlimited expenses

Wednesday, March 1, 2017

  The Senate Labour Commission released a favourable report on Tuesday, for the law approving government decision 9/2017, criticised for eliminating budget expenses of public authorities as well as sanctions provided by the Public finance law, following the rejection of the opposition National Liberal Party ...

Government order 6/207 granting Development Ministry 30 billion lei for PNDL approved by Senate

Wednesday, March 1, 2017

Emergency order 6/2017, by which the Development Ministry headed by deputy premier Sevil Shhaideh received 30 billion lei for 2017-2020, was approved by Senate on Tuesday, although it was criticised by opposition and called as noxious for economy as order 13 for Justice. The law approving government order 6 was voted by Senate plenum with 65 votes “for”and 39 votes “against”. ...

National anti-discrimination body on the verge of dissolution

Wednesday, March 1, 2017

The draft law disbanding the National Council for Combating Discrimination (CNCD), initiated by a former nationalist party MP, Bogdan Diaconu, was tacitly passed by the Chamber of Deputies and will go to the Senate for the final debate, romaniajournal.ro informs. The tacit adoption was due to the fact that the draft law has not debated in due time. The law has arrived at the Chamber of Deputies in May 2016, but the Legal and Human Rights committees ...

Rene Cuperus: Victoriei Square 'Rezist' movement could be called Romania's good populism

Wednesday, March 1, 2017

The 'Resist' movement having Bucharest's Victoriei Square as venue could be called "Romania's good populism," because it is a manifestation of the citizens against a corrupt regime or government, or against corrupt measures, Rene Cuperus, director for international relations at the Hague-based Wiarda Beckman Stichting and author of political articles on topical subjects said during the debate "Europe at a crossroads. Between nationalist populism and liberal ...

PM Grindeanu had a meeting with a delegation of the Fondul Proprietatea

Wednesday, March 1, 2017

Prime Minister Sorin Grindeanu underlined on Tuesday, at the Victoria Palace, in a meeting with a delegation of the Fondul Proprietatea, that he is concerned with improving the management of companies with state-owned capital, both form the perspective of capitalizing public resources, as efficient as possible, but as well as regarding the contribution which the ...

Finance Ministry assures EC that budget deficit will not exceed 3%

Wednesday, March 1, 2017

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The Finance Ministry sent a letter to European commissioners Valdis Dombrovskis and Pierre Moscovich showing that it will keep deficit under 3% of GDP, although the European Commission shows that Romania will exceed the deficit target, reaching 3.6% in 2017. The letter of European commissioners Dombrovskis and Moscovich was sent to the Ministry of Public Finance in the context of the release of EC reports on the economic and social situation of member ...

Romania budget revenues down 5.7 pct in January 2017

Wednesday, March 1, 2017

The general consolidated budget registered an surplus of 0.37 percent from GDP, to RON 3 billion in January, compared with January 2016, taking into account that revenyes went down by 5.7 percent and expenses went up by 3.5 percent, according to a release of the Public Finance Ministry quoted by business-review.eu. According to the release, the revenues to the general consolidated budget amounted to RON 19.2 billion, representing 2.4 percent of the ...

Euro trades at 4.5160 lei on Tuesday

Wednesday, March 1, 2017

The exchange rate of the national leu currency resulting from the quotations announced on Tuesday by the banks authorized to operate on the currency market is as ...

Employer leader Rogojinaru: We disagree with increasing minimum wage unprofessionally, two minium wages in force

Wednesday, March 1, 2017

Any increase in the minimum wage should be performed based on studies that show the repercussions of such measures, and not unprofessionally, Chairman of the National Council of Romania's Privately-Owned Small and Medium-Sized Enterprises (CNIPMMR) Liviu Rogojinaru told a specialist conference on Tuesday. "As long as wages are increased for the sake of ...

25 March was declared the National Day of Forests

Wednesday, March 1, 2017

The day of 25 March was declared the National Day of Forests, according to a legislative proposal, adopted by the Chamber of Deputies on Tuesday. The initiative was approved by 265 votes to 29 and two ...

Brasov, Romanian city with best living conditions. Bucharest ranks 9th in top

Wednesday, March 1, 2017

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Brasov was appointed the urban centre with the most advantageous cost of living in Romania, according to a study made by Storia.ro real estate platform and D&D Research agency. The study analysed the Romanians’ perception on the cost of living in the town where they live, reported to the incomes they get. The top continues with Cluj Napoca, Oradea, Sibiu, Pitesti, Timisoara, Targu Mures, Craiova, Bucharest and Iasi. At the opposite pole we ...

CCR Chairman Dorneanu: We believe DNA investigation has upset Gov't's smooth operation

Tuesday, February 28, 2017

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Chairman of the Constitutional Court of Romania (CCR) Valer Dorneanu on Monday said that an investigation into the drawing up and adoption of a controversial emergency ordinance, OUG 13, had upset the smooth operation of the Government. "The court believes that the smooth operation of the Government as well as the relations that must exist among the three ...

General Prosecutor's Office: CCR motivation to be determining for future course of investigation

Tuesday, February 28, 2017

The General Prosecutor's Office maintains it took note regarding the decision of the Constitutional Court of Romania (CCR) in respect to the finding of a conflict between the Government and the Public Ministry, through the National Anticorruption Directorate (DNA) and that the CCR motivation will be determining for the future course of the investigation regarding the offenses which represent the object of the case known generically as the "Adoption of the Ordinance ...

Opposition asks explanation from PM Grindeanu before the Parliament regarding emergency ordinances OUG 6 and 9

Tuesday, February 28, 2017

Opposition National Liberal Party (PNL) is requesting Prime Minister Sorin Grindeanu to testify before Parliament on controversial emergency ordinances OUG 6 and 9, so that Parliament may discuss and defeat in emergency debates the two pieces of legislation, PNL acting chair Raluca Turcan said ...

ForMin Melescanu had a meeting in Budapest with his Hungarian counterpart, Peter Szijjarto

Tuesday, February 28, 2017

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The further development of economic relations between Hungary and Romania represents a priority for the Government led by Viktor Orban, Minister of Foreign Affairs and Trade Peter Szijjarto stated, after the meeting he had in Budapest with head of the Romanian diplomacy Teodor ...

Tariceanu will pay a visit on Wednesday and Thursday to Poland

Tuesday, February 28, 2017

President of the Senate Calin Popescu-Tariceanu will pay a visit on Wednesday and Thursday to Poland, at the invitation of his counterpart Stanislav ...

MFP: In 10 years, Romania got from the EU over 40 billion euro and paid 13.78 billion euro

Tuesday, February 28, 2017

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Between 2007 – 2016 Romania got 40.86 billion euro from the European Union and contributed with 13.78 billion euro, fact which determined a positive balance of 27.08 billion euro, announced on Monday in a posting on Facebook the ministry of public finances (MFP). According to the data of the ministry, Romania received from the EU in the Multiannual Financial Framework 2007 – 2013 the sum of 37.05 billion euro. While in the Multiannual ...

Romania's cons budget surplus falls to 0.37%/GDP in Jan

Tuesday, February 28, 2017

Romania's January consolidated budget surplus fell to 0.37% of the gross domestic product (GDP) projected for 2017 from 0.62% of GDP a year earlier, the finance ministry said on Monday, seenews.com informs. The consolidated budget surplus totalled 3 billion lei ($703 million/664 million euro) in January, as revenue dropped 5.7% year-on-year to 19.2 billion lei and spending rose by 3.5% to 16.2 billion lei, the ministry said in a ...

Euro trades at 4.5115 lei on Monday

Tuesday, February 28, 2017

The exchange rate of the national leu currency resulting from the quotations announced on Monday by the banks authorized to operate on the currency market is as ...

Dumitru ( the Fiscal Council) : a decision of increase of the minimum salary must be taken only after an analysis of the implications in economy

Tuesday, February 28, 2017

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A new decision for the increase of the minimum salary at the level of the economy should have as a basis the deep analysis of the implications in the economy, correlated with the weak performance of the industry over the last period,stated the chairman of the Fiscal Council Ionut Dumitru. ‘Before taking a decision, an analysis should be made with regards to the impact of this measure on economy (…) Maybe the analysis of the evolution of ...

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