Analysis
Romania Has Second-Highest Income Tax Rates In CEE - Survey
Romania has one of the highest corporate and personal income tax rates in central and eastern Europe, second only to neighboring Hungary, a survey from tax advisory firm Accace showed Wednes...
Half Of Romanians Can’t Afford To Save Money And Have Little Financial Education
Almost half of the Romanians do not earn enough to put money aside, while those who do have little or no knowledge about the available financial instruments, according to a survey from local...
Romania Has Big Listing Plans For 2012
The government has scheduled to sell 15% in Transelectrica (TEL.RO), Transgaz (TGN.RO) and Romgaz by mid 2012. Hidroelectrica and Nuclearelectrica should follow in the fall.
Romania’s Entire Skiing Area Is The Size Of That In An Austrian Resort
Romania has a skiing area of 116 kilometers of slopes, the size of the skiing area in an Austrian or a French resort. However, it does not boast the same ski facilities. Romania currently ha...
Top 10 Events That Marked Food Retail In 2011
Although the crisis has lingered on and consumption continued to decline, 2011 has been a good overall year in the retail sector, estimated at EUR16 billion. The new market entries, the laun...
EIU: Romanian Economy To Grow 0.5% In 2012
Romania’s economic growth will likely slow down to 0.5% in 2012, from 2% predicted for this year, due to new austerity measures and external pressures, the Economist Intelligence Unit said i...
Fitch: Bank Asset Quality In Romania Remains Weak, Could Deteriorate Further
Romanian bank asset quality has continued to weaken and further deterioration without strengthening of banks' capital could result in the sector outlook turning negative, Fitch Ratings said...
Agriculture Ministry Has EUR3.5B To Spend In 2012. Why Is Food Expensive Then?
The Agriculture Ministry has EUR3.5 billion available for next year and 90% of this amount should go to farmers as state aid, direct payments for farming land and as European financing.
Foreign Direct Investments In Freefall
Romanian foreign direct investments, or FDI, amounted to just EUR133 million in October, while the EUR1.3 billion recorded in the first ten months covered only 32% of the current account def...