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"Small Business Support" For SMEs To Continue Five More Years With EBRD Financing
Banks-Insurance

"Small Business Support" For SMEs To Continue Five More Years With EBRD Financing

The "Small Business Support" program, which easier contact between small and medium sized enterprises and business consultancy services will continue in Romania for five more years, with EBR...

Oana Gavrila · 04.03.2015 · 19:20 · 1 min
Tax Code Draft: All Income Earners To Pay Social Security And Health Contributions
Social/Politics

Tax Code Draft: All Income Earners To Pay Social Security And Health Contributions

All income earners will have to pay social security and health insurance contributions and starting 2017, the social security tax rate will be lowered from 10.5% to 7.5%, for employees, and...

Ecaterina Craciun · 18.02.2015 · 14:14 · 1 min
Tax Code Draft: Romania To Lower VAT To 20% Next Year, To 9% On Meat, Fish, Fruit And Vegetables
Macroeconomics

Tax Code Draft: Romania To Lower VAT To 20% Next Year, To 9% On Meat, Fish, Fruit And Vegetables

Romania's government plans to lower the value added tax from 24% to 20% as of next year and to 9% on food items such as meat, fish, fruits and vegetables, according to the country's new Tax...

Oana Gavrila · 18.02.2015 · 13:08 · 1 min
Romania To Resume CFR Marfa Privatization Plans
Companies

Romania To Resume CFR Marfa Privatization Plans

Romania's Transport Ministry will select a consultant to resume the privatization process of state-owned railway freight carrier CFR Marfa, Prime Minister Victor Ponta announced Monday.

Oana Gavrila · 09.02.2015 · 15:47 · 1 min
Banks-Insurance

Romania Extends EIB Contract For Hospitals, Adds EUR4.6M Contribution

Romania and the European Investment Bank (EIB) have extended a financing contract for the healthcare system by one year, until the end of 2015.

Oana Gavrila · 21.01.2015 · 15:31 · 1 min
Macroeconomics

Romania To Decide In Fall On Potential New IMF Agreement - PM

The government wants to end well Romania's current agreement with the International Monetary Fund and will decide in fall whether to take on a new agreement and what type of agreement it wou...

Oana Gavrila · 19.01.2015 · 15:56 · 1 min
Gross Profit Of Romanian State-Run Companies Reached RON2.74B In 2013
Companies

Gross Profit Of Romanian State-Run Companies Reached RON2.74B In 2013

Romanian state-run companies’ revenues increased by RON6.49 billion in 2013 and the gross profit of the 228 active state-owned economic operators stood at RON2.74 billion, according to a rep...

Ecaterina Craciun · 14.01.2015 · 16:54 · 1 min
Government Allots RON1.42B From Privatization Proceeds To EU Fund Management Authorities
Social/Politics

Government Allots RON1.42B From Privatization Proceeds To EU Fund Management Authorities

The Romanian Government has decided to temporarily allot RON1.42 billion from privatization proceeds to provide financing to EU fund management authorities for the months of January and Febr...

Ecaterina Craciun · 14.01.2015 · 16:19 · 1 min
Government To Discuss Extending First Home Program End-February
Social/Politics

Government To Discuss Extending First Home Program End-February

Romania's government will discuss a bill in February amending the First Home program to include homeowners who want to buy bigger homes if they sell their current property.

Oana Gavrila · 14.01.2015 · 15:50 · 1 min