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Tag Archives: reserve fund

Dragnea promises investments of billions of euros

PSD chairman Liviu Dragnea has mentioned an investment fund of EUR 10 billion within the party’s Executive Committee held on Monday. The statement comes amid the information that the Government has decided to supplement the budget of the Labour Ministry ...

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80 miners on underground protest at Slanic Prahova salt mine

80 miners are on an underground protest for about 24 hours, at Slanic Prahova salt mine and other 100 employees are on strike. They claim they cannot work anymore for the minimum wage and with 40-year old equipments. Trade union ...

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Court of Auditors: Ponta cabinet operated illegal fund allocations and increased the Reserve Fund 14.5 times

The Court of Auditors has signalled on Friday several irregularities on the measures taken by the Ponta Government in 2014, pointing to illegal budgetary allocations from the reserve fund, which was increased last year by no less than 14.5 times. ...

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Court of Accounts report 2013: The Gov’t Reserve Fund – allocations made without transparent criteria

The control team the Court of Accounts found that in 2013, the government’s reserve fund was not used for the purpose for which it was created, allocations being made without transparent criteria. This fund is actually a way to supplement ...

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