Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Leu Trades Around 4.41 Vs Euro In Quiet Market
The Romanian leu traded in a narrow range Tuesday morning, moving around 4.41 against the euro, in a quiet market with low transferred volumes.
Bucharest Stocks Flat In Early Session In Dull Trading
The Bucharest-listed stocks were almost unchanged after the first hour of trading Tuesday, with financial stocks pushing the still low traded values.
INS: Romania Average Net Salary Stays Around RON1,600 In June
Romanian average net salary inched 0.3% lower to 1,606 lei (around EUR360) in June, from RON1,611 a month earlier, the statistics institute INS said Tuesday.
Bucharest Stocks End Up, With Banks Leading The Charge
The Bucharest stock exchange closed higher Monday, after a quiet session with significant moves only in the final hours, when banks led the rally.
BNR Cuts Key Rate By 50 Bps To New Low Of 4.5%
Romania’s central bank Monday lowered its main monetary policy rate for the second straight meeting by 50 basis points to a record low of 4.5% a year, exceeding expectations of a 25 bps cut.
Environmental protection
General provisions Environmental legislation was first introduced in 1991. Since then, it has been developed to comply with the standards imposed by the European Union. Some of the Romanian...
Competition in Romania - Main legal issues
Relevant legislation Since Romania’s accession to the European Union, competition has been governed by both domestic and EU legislation. The relevant domestic legislation on merger control (...
Accounting
Changes in Romanian accounting rules over the last few years have moved Romanian accounting closer to International Financial Reporting Standards (IFRS), although there are still some signif...
Protection of intellectual and industrial property rights
Romania is a signatory to international conventions on intellectual and industrial property rights. The EU Accession Treaty lays down specific provisions that reaffirm Romania's commitment t...
The legal system
Broadly, the Romanian legal system stems from the Roman branch of law, but it is also partly influenced by the Anglo-Saxon branch. Romanian legislation has mostly been brought into line with...
Labor regulations and employment standards
Relationships between employers and employees are governed by the Labor Code and by collective bargaining agreements. In addition, there are other labor regulations on specific issues such a...
EU Funding
Since its EU accession in early 2007, Romania has had access to Structural Instruments and Agriculture Funds. Structural Instruments and Agriculture Funds are allocated by the European Union...