Analysis
Press Review - September 26, 2018
Leu Loses More Ground Vs Euro The Romanian leu depreciated further against the euro Tuesday, to a midday reference rate of 4.6603 lei/euro, down 0.05% compared with Monday. The leu's referen...
Press Review - September 25, 2018
Romania Loses Over EUR6B Annually from Uncollected VAT Romania lost EUR6.3 billion in uncollected VAT in 2016, according to calculations by PwC Romania based on a VAT gap study released by t...
PwC: Romania Loses Over EUR6B Annually from Uncollected VAT
Romania lost EUR6.3 billion in uncollected VAT in 2016, according to calculations by PwC Romania based on a VAT gap study released by the European Commission.
CFA Romania Analysts See Leu Falling to 4.7/euro, 3-Mo Rate at 3.88% in Next 12 Months
Three out of four analysts expect the Romanian leu to depreciate to 4.73 units to the euro in the next 12 months and see the three-month money market rate at 3.88%.
Press review - September 24, 2018
Three-Month Money Market Rate Reaches Two-Week High, At 3.14% The three-month money market interest rate used to calculate interests for consumer loans in lei rose to 3.14% on Friday, from 3...
EC: Romania Had Biggest VAT Gap in EU in 2016, of 35.88%
Romania posted the highest VAT gap in the European Union in 2016, of 35.88%, according to a study released Friday by the European Commission.
Press Review - September 21, 2018
Former PM Mihai Tudose Elected Head Of PSD Braila County Branch Former prime minister Mihai Tudose on Thursday was elected president of the Braila county branch of the ruling Social Democrat...
Press Review - September 20, 2018
Dissent Letter Splits Romanian Ruling Party In Two Sides An internal dissent letter published on Wednesday requesting the resignation of Social Democrat Party leader Liviu Dragnea has split...
Press Review - September 19, 2018
Romanian PM Meets With Juncker One Day After Failed Reception Romanian Prime Minister Viorica Dancila met with European Commission President Jean-Claude Juncker in Bucharest on Tuesday, one...