Analysis
Press Review - August 8, 2017
Several Counties Under Code Yellow Alert For Floods The National Institute of Hydrology and Water Management (INHGA) issued several code yellow alerts forecasting floods. The alerts target t...
Press Review - August 7, 2018
Leu Weakens Vs Euro, Exchange Rate At 4.6250 The Romanian leu lost ground against the euro on Monday and the central bank set the leu’s reference rate versus the euro at 4.6250 units. On Fri...
20 Largest Companies To Go Insolvent In H1, 2018 Posted RON1.5B Revenue In 2017
The 20 largest companies that went insolvent in the first half of 2018 posted 1.5 billion lei (EUR324 million) revenue and had about RON1.2 billion debt in 2017.
Press Review - August 6, 2018
Labor Minister Says Pensions Will Be Raised Every Year Labor Minister Lia Olguta Vasilescu said the new pension bill is a mammoth draft which will be implemented gradually, adding all pensio...
Press Review - August 3, 2018
Romania Seeks to Raise RON2.8B Selling State Paper in August The finance ministry seeks to raise RON2.83 billion selling state paper on the local market in August, of which 2.5 billion selli...
Housing Prices Growth Slows on Lower Demand, Fewer Transactions
The growth rate of housing prices in Romania has slowed as demand from potential homebuyers decreased and the number of transactions was lower, according to a housing market report by Imobil...
Press Review - August 2, 2018
Romania Could Cut VAT Rate to 18% in 2020 Romania's government is considering lowering the value-added tax rate to 18% in 2020 from the current 19%, people close to the matter told Mediafax....
Press Review - August 1, 2018
PM Dancila Takes Vacation on Aug 6-13 Romania's prime minister Viorica Dancila will be on vacation between August 6 and August 13 and her attribution will be taken over by deputy prime minis...
Press Review - July 31, 2018
Three-Month Money Market Rate Grows To 3.47% The 3-month money market interest rate used to calculate interests for consumer loans in lei grew to 3.47% a year on Monday, from 3.45% a year on...