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FinMin: Romania Will Keep Budget Deficit Below 3% Of GDP In 2016 After Tax Cuts
Romania’s budget deficit will be higher than the target agreed with the international financial institutions next year, but still below the cap of 3% of the gross domestic product allowed by...
IMF, EU Warn Fiscal Deficit Will Slip If Romania Introduces New Tax Code
The introduction of the current form of the Tax Code in Romania starting next year will create a significant fiscal deficit, which could prove difficult to correct, according to the represen...
Romania Spent RON14B For 570 Km Highways In 25 Years
Romania spent RON14 billion (nearly EUR3.5 billion) for 570 kilometers of new highways over the last 25 years, mostly financed by the European Union, according to Business Construct magazine...
Romania Posts Highest Increase In Construction Output In EU In 1Q/2015
Romania’s production in the construction sector rose 13.4% on the year in the first quarter of 2015, the highest increase in the European Union, according to the EU's statistics office Euros...
Some 300 Firms In Romania Got EUR112M Under EBRD-EU Program RoSEFF
Some 300 companies in Romania have received funds of EUR112 million in the last three years for investments in energy efficiency improvements through the RoSEFF program financed by the Europ...
Romania PM Announces Failure In Negotiations With IMF, EU, But Stand-By Loan Stands
Romania’s government failed to agree with the International Monetary Fund and the European Commission on several energy issues, Prime Minister Victor Ponta said Monday after talks with inter...
Romania’s EU Fund Absorption Rate Seen At 80% For 2007-2013
Romania’s EU fund absorption rate for financial framework 2007-2013 will be at 80%, while in the first year of implementation for 2014-2020 framework, the absorption rate is estimated at 10%...
Romania Retail Trade Posted Third Highest Growth In EU In November 2014
Romania registered the third highest annual growth in retail trade in the European Union in November 2014, of 8.2%, overtaken by Luxembourg and Estonia, Eurostat data showed Thursday.
Dacia Sales In EU Amount To Over 300,000 Cars For First Time Ever
Dacia's registrations on the European market are headed towards growth of over 25% in 2014, according to the data centralized by left-lane.com, to a volume of more than 365,000 units.