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President Iohannis requests clarifications on Pillar 2 pensions
President Klaus Iohannis requested the government to clarify the intention regarding pension pillar II. "This pillar was designed, the related legislation was created and people started to pay, believing that when they retire, they will benefit fr more »
Bucharest Municipal Bonds oversubscribed by almost 50 pct
The municipal bond issue of 555 million from the Bucharest City will start trading on the Bucharest Stock Exchange (BVB) Regulated Market and has been oversubscribed by almost 50pct, according to Gabriela Firea, General Mayor of Bucharest. more »
February 13, 2018 16:06
Prime Minister of Romania Viorica Dancila welcomed the U.S. Ambassador H.E. Hans Klemm on a presentation visit. On the occasion of the meeting, the Romanian Prime Minister and the U.S. Ambassador briefy reviewed the Romania-U.S. Strategic Partnership, noting its very positive dynamics in 2017 and its further development prospects. ...more »
January 29, 2018 10:03
Prime Minister designate Viorica Dancila announced the list with the proposed ministers for the new Government. The Dancila cabinet will include four Deputy prime Ministers and the nominations for the portfolios are:...more »
January 16, 2018 11:57
Social Democratic Party (PSD) forces the resignation of the second government in a year as Prime Minister Mihai Tudose resigned n Monday evening, at the end of the PSD leadership session. Deputy Prime Minister Marcel Ciolacu also submitted his resignation from the position held in the Government saying he would return "with his head up" to Parliament, where he would continue to "dedicate himself to the public service in the benefit of Romania. "...more »
November 14, 2017 16:17
As a result of emerging public interpretations, the Government Press Office released the Prime Minister Mihai Tudose’ statement that he voted in Parliament for a ban on cyanide mining. The Prime Minister specifies that he voted for the repeal of the bill on measures related to gold-silver ore exploitation at Rosia Montana and to stimulate and facilitate the development of mining activities in Romania....more »
November 06, 2017 10:15
Over 20,000 people gathered on Sunday in Bucharest and other major cities of Romania to protest against the draft laws on justice. Under the slogan "We don't want to be a nation of thieves!" they demanded the resignation of Justice Minister Tudorel Toader and directed messages against the rulling coallition PSD-ALDE and parliamentarians seen as tools of the corrupt....more »
October 26, 2017 21:25
Labor Minister Lia Olguta Vasilescu said, at the beginning of a government meeting announcing several fiscal changes, that the minimum wage will rise from 1,450 to 1,900 lei, starting January 1, 2018, while the Finance Minister Ionut Misa announced the implementation of the European directive on combating the outsourcing of multinational profits, but also details about the solidarity tax, which is increasing to 2.25% and changes its name into “the assuring contribution for work". Contributions to Pension Pillar II are also reduced. ...more »
October 10, 2017 16:41
The Ministry of Economy and Rommar, through the Mechanical Plant Bucharest, and the American company General Dynamics signed a memorandum of understanding and a cooperation agreement, with the participation of Prime Minister Mihai Tudose. General Dynamics owns the Swiss manufacturer of Mowag armored conveyors. ...more »
September 20, 2017 11:12
Prime Minister Mihai Tudose discussed at the Victoria Palace with representatives of the German military technology company Rheinmetall on the possibilities of technology and know-how transfer to Romania, considering the equipping needs of the Romanian Army, as well as the common interest in the security policy, as partners within NATO and the EU....more »
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