Romanian government

The home consumers' power bill will drop by 2.6 percent on average from July 1, while the industrial consumers will pay by 4 percent less, after the electric power sold for lower prices on the stock exchange and the co-generation tax was cut, the National Energy Regulatory Authority said in a release to AGERPRES on Friday.

Romania at present arguably benefits from one of the best private consultant teams, whom any government in the world might wish, the High Representative of the Romanian Government for Strategic Economic Projects and Public Diplomacy, Mircea Geoana told an international conference unveiling the Model Highway Initiative - MHI on Monday.

Consolidating the bilateral political dialogue and intensifying sectoral and strategic cooperation of Romania and Israel are the main objectives of a joint meeting of the two national governments to be held in Jerusalem on June 23 and June 24.

Romania's international financial partners will have to understand that a competitive energy market and lower labour taxes will make Romania a more prosperous and more stable country, Romania's Prime Minister Victor Ponta told a Euromoney conference on Thursday on regional finance and investment for South-East Europe.

The Romanian government on Wednesday announced the launch of the sale of a 51-per-cent stake in the electricity distributor Electrica, from which it hopes to raise up to 1.95 billion lei (some 435 million euro).

The sale forms a major part of the Romania's privatisation strategy, which has been agreed with the International Monetary Fund, IMF.

Minister of Economy, Constantin Nita, will conduct between June 6-13 an official visit to the People's Republic of China.

BUCHAREST - The Romanian government approved a decision Tuesday to send emergency humanitarian aid to Serbia and Bosnia-Herzegovina (BiH) worth RON 880,000 (about EUR 200,000).

Annual inflation in Romania rose to 1.21 per cent in April, up from the unprecedentedly low figure of 1.04 per cent recorded in March, the National Statistics Board, INS, said on Monday.

In spite of the increase, inflation remains below the central bank’s 1.5-3.5 per cent target.

Anyone buying a prepay card in Romania in future will have to submit their personal data, their name and ID number respectively, according to a bill adopted on Thursday by the Romanian government.

The aim is to allow Romania's intelligence services to identify prepay card holders, if a judge decides it is necessary.

Romania's Labour Minister, Rovana Plumb, encountered both jeers and cheers in Brussels last week when she told a Roma summit that the "integration of Roma people is a longstanding and steady commitment of Romanian government.

"We have achieved some results in combating poverty and offering jobs to people,” she maintained.