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Banks To Collect An Additional EUR100M In Fees If Law Capping Cash Payments Passes
Banks will stand to gain an additional EUR80 million to EUR100 million in fees from people buying homes or from retailers of furniture, cars and other items that cost more than 10,000 lei (a...
Romanian Mobile Payment Market Seen At EUR10M/Year
The Romanian mobile payment market is estimated at about EUR10 million a year and at least one third of Romanians use mobile payment services, according to marketing company Breeze Mobile.
CFR Marfa Privatization Contract Likely To Be Signed July 11
The sale contract for Romanian freight railway carrier CFR Marfa is likely to be signed next Thursday, July 11, and the money for a 51% stake in the company must be paid within ten days at m...
EU Partially Resumes Payments Through Romanian Regional Operational Program
The European Commission decided to resume payments for four axes of the Romanian pre-suspended regional operational program POR, the Romanian Ministry for European Funds said Tuesday.
Bucharest Apartment Rents Higher Than Monthly Mortgage Payments - Survey
Monthly apartment rents in Bucharest are generally higher than monthly mortgage payments, and the difference is 40% in some areas in the Romanian capital, according to website anunturipartic...
Blidar Terminates Contracts With Small Suppliers Due To VAT Changes
Businessman Valer Blidar, who owns the Astra Vagoane Calatori passenger rolling stock plant in Arad, said he has decided to terminate 400 contracts with small firms, with which he has worked...
Telecom Operators In Romania Paid First Tranche Of EUR204.1M For Licenses
Telecom operators Cosmote Romania, Orange Romania, Vodafone Romania and RCS&RDS paid the first tranche of EUR204.14 million for mobile telephony licenses in frequency bands 800, 900, 1,800 a...
Fiscal Council: Romania To Reimburse EUR13B Over Next Two Years, Foreign Currency Reserves At Risk
Romania’s Central Bank and the Finance Ministry will touch a foreign debt payment peak over the next two years as they will have to pay EUR13 billion, the president of the Fiscal Council Ion...
Taxpayers In Romania Must No Longer Pay Fees On Online Payments
Taxpayers in Romania will no longer be charged fees when they pay their taxes on the Internet, as the fees will be paid by local authorities, as per a draft act drawn up by the Ministry of C...