{"id":120302,"date":"2019-02-20T00:00:00","date_gmt":"2019-02-19T22:00:00","guid":{"rendered":"https:\/\/rhn.ro\/the-government-has-adopted-an-emergency-ordinance-regarding-the-establishment-of-measures-for-financing-tourism-investments\/"},"modified":"2026-03-27T20:20:54","modified_gmt":"2026-03-27T18:20:54","slug":"the-government-has-adopted-an-emergency-ordinance-regarding-the-establishment-of-measures-for-financing-tourism-investments","status":"publish","type":"post","link":"https:\/\/rhn.ro\/en\/the-government-has-adopted-an-emergency-ordinance-regarding-the-establishment-of-measures-for-financing-tourism-investments\/","title":{"rendered":"The Government has adopted an Emergency Ordinance regarding the establishment of measures for financing tourism investments"},"content":{"rendered":"<div>The Government has adopted an Emergency Ordinance regarding the establishment of measures for financing tourism investments. According to the normative act, by derogation from Law no. 273\/2006, tourism investments can be financed over a period that can extend up to 4 years, with the possibility of extension for another 2 years.<\/div>\n<div><\/div>\n<div>The Emergency Ordinance adopted by the Government regulates the methods by which state budget contribution amounts can be settled, the use of amounts transferred from the Ministry of Tourism&#8217;s budget, as well as the possibilities for their recovery in case of non-compliance with legal or contractual provisions.<\/div>\n<div><\/div>\n<div>By adopting this emergency ordinance, the gaps between tourism development in Romania and competing countries worldwide will be reduced as a result of the impact of the investments carried out.<\/div>\n<p>Source: <a href=\"http:\/\/www.wall-street.ro\" data-wplink-url-error=\"true\">Wall-Street<\/a><\/p>\n<h3>Frequently Asked Questions<\/h3>\n<p><strong>What is the maximum financing period for tourism investments?<\/strong><\/p>\n<p>Investments can be financed for up to 4 years, with a possible extension of 2 additional years.<\/p>\n<p><strong>How are the funds managed under this new OUG?<\/strong><\/p>\n<p>The ordinance regulates the settlement of state budget contributions and the use of funds from the Ministry of Tourism.<\/p>\n<p><strong>What happens if legal or contractual provisions are not met?<\/strong><\/p>\n<p>The Emergency Ordinance includes specific provisions for the recovery of funds in cases of non-compliance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Government has adopted an Emergency Ordinance regarding the establishment of measures for financing tourism investments. According to the normative act, by derogation from Law no. 273\/2006, tourism investments can be financed over a period that can extend up to 4 years, with the possibility of extension for another 2 years. The Emergency Ordinance adopted&hellip;<\/p>\n","protected":false},"author":0,"featured_media":67577,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2853],"tags":[],"thb-sponsors":[],"class_list":["post-120302","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment"],"article_style_override":"","post-style":"","post_via":"","post-top-image":"https:\/\/rhn.ro\/wp-content\/uploads\/2019\/11\/investitii-3.jpg","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/120302","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=120302"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/120302\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/67577"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=120302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=120302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=120302"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=120302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}