Banks-Insurance
ANAF May Take Over Property Tax Collection
Romania’s tax authority ANAF may be in charge with collecting property taxes, after the Government changed in July the formula used to compute these taxes based on the property use, not the...
ANAF To Consolidate 221 Tax Offices To 8 Regional Directorates, 47 Local Tax Offices
Romania’s tax authority ANAF will be reorganized in the next three years and its current 221 tax offices will be consolidated to eight regional directorates and 47 local tax offices, accordi...
Leu Ends Down Vs Euro In Sleepy Trade
Romania’s leu weakened slightly against the euro Wednesday and closed 0.2% lower on the day, amid a quiet market.
BCR BpL Savings Deposits Doubled To Over RON1B In 1H
Romanian mortgage lender BCR Banca pentru Locuinte (BCR BpL) had more than 270,000 clients at the end of June, cumulating savings deposits of over 1 billion lei (EUR227.8 million), double co...
Leu Exchange Rate Firms To 4.4885 Vs Euro
Romania’s leu lost its earlier gains versus the euro by midday Wednesday, but the exchange rate strengthened 0.2% on the day to 4.4885 units, from 4.4987 units in the previous session.
Top Ten Insurers Make 90% Of Total Revenues
Insurance sales stabilized in the first half of this year, but some major insurers continue to feel the effects of the crisis and to lose ground to smaller companies or to those who promoted...
RCS&RDS Took Out Money From Citi To Pay 900-Mhz License - Sources
RCS&RDS borrowed on August 9 EUR25 million from Citibank in order to be able to quickly pay the tax charged by telecom market regulator ANCOM to operators that win one of the frequency block...
Analysts: Political Turmoil Appeased Only On Short-Term After Constitutional Court Decision
Romania’s political turmoil will appease only on short-term after the the Consitutional Court's decided to invalidate the President Traian Basescu's impeachment vote, said analysts, who are...
Leu Closes Up Vs Euro, After Constitutional Court Returns President To Office
Romania’s leu closed up against the euro Tuesday, touching a high at 4.475 units after the Constitutional Court's decision to invalidate the President's impeachment vote.