BUDGET
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SME Guarantee Fund Sets Off First Home Program Whose Budget Reaches RON2B In 2018
Romania's national guarantee fund for small and medium-sized businesses (FNGCIMM) will start, within the legal deadline, the procedure for the annual assessment of the way the guarantee ceil...
Government Approves RON2B Budget For 2018 First Home Program
Romania's government on Wednesday approved the 2018 edition of the state-guaranteed First Home program for first time homebuyers with a total guarantee budget of RON2 billion.
President Signs 2018 State Budget Bill into Law, Warns Over Vulnerabilities
Romanian President Klaus Iohannis on Wednesday signed into law the 2018 state budget bill but warned it is vulnerable and keeping the deficit below the EU limit of 3% of GDP will be difficul...
Romanian Parliament Adopts 2018 Budget
Romanian lawmakers on Friday adopted the country's 2018 state budget, built on an economic growth projection of 5.5%, an average annual inflation rate of 3.1%, and a deficit of 2.97% of GDP.
Retailer dm drogerie markt Allocates Further RON28M For Expansion In Romania
Retailer dm drogerie market plans to open ten new stores in 2018 and has earmarked a more than 28 million lei (EUR6 million) expansion budget. It opened or remodeled 11 stores in the big cit...
Parliament Sets Timeline for 2018 Budget Adoption
Romania's parliament standing offices on Thursday approved a timeline for debates and votes on the 2018 state budget bill and a final vote is expected on December 21.
Govt’s Indecision Over Tax Changes Stops Hundreds Of Thousands Of Companies From Devising 2018 Budget Plans
The Monday meeting during which the government was supposed to discuss its proposed tax changes was postponed until Wednesday after it had already been put off Friday until Monday.
CFR’s Investment Budget Cut By RON1.1B In 2017
The investment budget of state-owned railway company CFR SA was cut from RON3.02 billion, as stipulated in the budget version released in March 2017, to RON1.8 billion, as envisaged in the r...
Romanian President Warns Government's Tax Plans Are Chaotic, Hinder Economic Growth
Romanian President Klaus Iohannis on Thursday criticized the government's proposed tax measures, warning their implementation would muddle the country's finances and hinder sustainable econo...