Eugen Teodorovici

Customs will get under Minister of Public Finance authority

The Executive chairman of the ruling Social Democratic Party (PSD), Public Finance Minister Eugen Teodorovici on Friday said in northwestern Satu Mare that the Customs will no longer be under the authority of the National Tax Administration Agency (ANAF) but a separate structure under the authority of the Minister of Public Finance.

FinMin Teodorovici says budget revision secures full payment of wages, pensions, investment projects

The latest budget revision bill secures the full payment of public wages, pensions and investment projects, and nobody has to worry about it, Finance Minister Eugen Teodorovici said at the end of a Government meeting on Monday. "The Gross Domestic Product (GDP) has passed the 1-billion-leu mark for the first time. Where the Government took some measures, results were seen.

Fin Min Teodorovici on rectification: No cuts to Transport, Health or Education Ministries

The budget rectification does not entail funding cuts from ministries such as Transport, Health or Education, and the ministers are under the obligation to spend the allocated money, Minister of Public Finance Eugen Teodorovici told a Tuesday's press conference. As concerns the Ministry of Education he explained from where the reduction in funds that appears in the budget rectification comes.

FinMin Teodorovici: We plan to approve budget revision this week, most likely positive

Authorities have planned to approve the budget revision this week, Finance Minister Eugen Teodorovici stated on Monday in an interview for Radio Romania Actualitati. In this context, the minister specified that things have been clarified and only small details remain to be ironed out, showing at the same time that he is convinced that there will be a positive revision.

CSAT meeting ends

Romania's Supreme Council for National Defence (CSAT) meeting concluded on Tuesday at the Cotroceni Presidential Palace after almost two hours of discussions.

Romania Needs 1 Million Workers

Romania's Finance Minister Eugen Teodorovici said the country's economy need one million workers, Romanian media reported.

At a conference in Bucharest dedicated to the employment situation in Romania, the Minister noted that about 5 million Romanians have gone abroad and there are also many who work in black market.

PM Dancila: I don't think Firea will run as an independent, she would lose the mayor tenure

The PSD (Social Democratic Party) leader, Viorica Dancila, has said that, in her opinion, Gabriela Firea will not run in the presidential elections as an independent, for this would mean she would "lose the mayor tenure." "I don't believe Gabriela Firea will run as an independent.