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Fiscal Council Says Govt's 5.5% GDP Growth Projection Is Surprising, Unwarranted
Macroeconomics

Fiscal Council Says Govt's 5.5% GDP Growth Projection Is Surprising, Unwarranted

Maintaining an economic growth projection of 5.5% in 2019 especially after the emergency decree 114/2018 introducing new taxes is surprising and unwarranted, Romania's Fiscal Council said in...

Oana Gavrila · 05.02.2019 · 15:26 · 1 min
Fitch Ratings: Romania 2019 Budget Fails to Lift Fiscal Uncertainty
Macroeconomics

Fitch Ratings: Romania 2019 Budget Fails to Lift Fiscal Uncertainty

Romania's draft 2019 budget targets a reduction in the budget deficit, but is based on optimistic assumptions and fails to clarify uncertainty over the new bank tax, Fitch Ratings said in a...

Oana Gavrila · 05.02.2019 · 15:20 · 3 min
Analysis

Press Review - February 5, 2019

Opposition Liberal Party To Send Information Material To EC On Ordinance 114/2018 Ludovic Orban, president of the opposition Liberal Party, on Monday said liberals will send an information m...

Ecaterina Craciun · 05.02.2019 · 09:31 · 4 min
Analysis

Press Review - February 4, 2019

Dragnea: Ruling PSD Will Not Lose Parliamentary Majority Due To Recent Party Defections Liviu Dragnea, head of the ruling Social Democratic Party PSD, said his party will not lose its parlia...

Ecaterina Craciun · 04.02.2019 · 09:25 · 2 min
AmCham Warns of Speedy Decrease in Quality of Public Policy, Law-Making, Governance In Romania
Analysis

AmCham Warns of Speedy Decrease in Quality of Public Policy, Law-Making, Governance In Romania

The American chamber of commerce in Romania (AmCham Romania) on Friday warned of the accelerated decrease in the quality of public policy, law-making and governance in Romania.

Oana Gavrila · 01.02.2019 · 12:21 · 2 min
Analysis

Press Review - February 1, 2019

Finance Ministry Publishes 2019 Draft Budget Romania's finance ministry has published its 2019 state budget draft which targets a deficit of 2.55% of gross domestic product. The budget was b...

Oana Gavrila · 01.02.2019 · 09:07 · 2 min
Romatsa, Microsoft And Nuclearelectrica, Highest Paying Companies in Romania
Analysis

Romatsa, Microsoft And Nuclearelectrica, Highest Paying Companies in Romania

Romatsa, the public corporation that handles air traffic control, has the highest paid employees in Romania, with an average net salary of 21,800 lei (over EUR4,500) per month.

Loredana Frățilă-Cristescu · 31.01.2019 · 10:10 · 1 min
Analysis

Press Review - January 31, 2019

Romania Declares Flu Epidemic As Disease Death Toll Reaches 54 Romanian Health Minister Sorina Pintea officially declared a flu epidemic throughout the country on Wednesday morning, followin...

Ecaterina Craciun · 31.01.2019 · 08:35 · 4 min
Analysis

Press Review - January 30, 2019

Antitrust Body Looking Into Interbank Rates Romania's antitrust body has been looking into interbank interest rates since the beginning of the year, institution chief Bogdan Chiritoiu confir...

Oana Gavrila · 30.01.2019 · 09:01 · 2 min