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Dispute Resolution in Romania - Before and After Accession to the European Union

Abstract

Romania, like most of the European countries, is a civil law jurisdiction. The main sources of Romanian law are the Constitution, the Acts of the Parliament, international treaties having direct effect in the Romanian legal system, decrees made by various state authorities (e.g. Government, various ministries, local governments).

Company

Ministry of Economy and Finances – Central Financial and Contracting Unit

The Ministry of Public Finance is the most important Government institution, with synthesis role for the activity of the economic, financial and fiscal structures in Romania. It operates based on Law No.90/2001 regarding the organisation and operation of the Romanian Government and the ministries, Law No.500/2002, regarding Public Finance and on Government Decision No.267/regarding the organisation and operation of the Ministry of Public Finance, implementing the Government Program and strategy for Public Finances. The role of the Ministry of Public Finance is to collect and manage the public financial resources, by a complex system of budgets: the state budget, the state social security budget, the local budgets, the special funds budgets, the budgets of the external grants, the state treasury budget and the budgets of other autonomous public institutions. This activity is performed according to the law, securing the budget balance and implementing the financial policy of the state. The formulation and execution of the budget is based on the principles of universality, publicity, unity, annually, budgetary specialisation, monetary unity.

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