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Romania Has The Advantage Of The Flat Rate, But Loses Attractiveness Because Of Social Contributions – Survey
Analysis

Romania Has The Advantage Of The Flat Rate, But Loses Attractiveness Because Of Social Contributions – Survey

Romania remains attractive for Western European employers in terms of salary costs thanks to its 16% flat-rate income tax, but loses ground in terms of social security contributions, which a...

Radu Bostan · 07.05.2012 · 17:33 · 2 min
Banks-Insurance

Romanian Insurers Exempt From Contributing To Road Accident Victim Fund In 2012

Romanian companies that issue mandatory car insurance policies (RCA) will not contribute this year to the fund protecting road accident victims, as the fund has enough resources to cover pos...

Ioana Tudor · 02.04.2012 · 14:45 · 1 min
Basescu Says It’s Not The Right Time To Lower Social Security Contributions
Social/Politics

Basescu Says It’s Not The Right Time To Lower Social Security Contributions

Romanian President Traian Basescu told private television PRO TV Sunday it is not the right time to lower social security contributions, adding that increasing public wages would be the righ...

Ioana Tudor · 11.03.2012 · 11:56 · 1 min
2012 – The Year Of Major Changes On The Pharmaceutical And Healthcare Market
Health

2012 – The Year Of Major Changes On The Pharmaceutical And Healthcare Market

Of all the sectors in the economy, the healthcare sector is likely to be targeted by the most changes in 2012. The new health law, which will be debated over the course of this year, aims to...

Ioana David · 03.01.2012 · 00:00 · 2 min
Social/Politics

Romanians Who Fail To Pay Health Insurance Contributions To Receive Only Emergency Care - Bill

Romanians who fail to pay their health insurance contribution will receive medical care only in emergency situations, in infectious disease cases and for illnesses included in the national i...

Ioana Tudor · 28.12.2011 · 17:19 · 1 min
Social/Politics

Romania To Revise List Of People Exempt From Health Insurance Contribution

Health insurance contributions next year will be kept at the same level as that in 2011, while the list of people exempt from paying the contribution will be revised once the new healthcare...

Ioana Tudor · 22.12.2011 · 16:26 · 1 min
Romania To Raise Contribution To IMF By Almost EUR900M
Banks-Insurance

Romania To Raise Contribution To IMF By Almost EUR900M

Romania will raise its contribution to the International Monetary Fund by SDR 781.2 million (about EUR900 million), from SDR 1.03 billion to SDR 1.81 billion, with three quarters of the rais...

Radu Bostan · 08.11.2011 · 18:38 · 1 min
Romania To Raise Pvt Pension Contribution To 3.5% In 2012
Banks-Insurance

Romania To Raise Pvt Pension Contribution To 3.5% In 2012

Contributions to mandatory private pensions (Pillar II) will increase to 3.5% of the gross wage in 2012, from 3%, according to the draft state budget, said Tuesday Andreea Paul Vass, adviser...

Oana Gavrila · 25.10.2011 · 11:34 · 1 min