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Fuel Gets 7% More Expensive In One Month In Romania
Romanians now pay more than Germans for a fill-up, but earn 5 times less
VAT Cut To Lower Meat, Fruit And Vegetable Prices - Agriculture Minister
The decrease of the value added tax on meat, fruits and vegetables stipulated in the country's new Tax Code draft will reduce tax evasion and the effects of the Russian embargo, while the pr...
Apartment Prices In Large Cities Rose By Up To 17% In January, Declined In Bucharest
The first month of the year brought about a rising trend in asking prices for apartments in large Romanian cities, with a maximum growth of 17.4% in Cluj-Napoca, while prices in Bucharest dr...
Energy Regulator ANRE Raised Gigacalorie Prices By 10.2% As Of January 1, 2015
The prices of gigacalorie for household and industrial consumers increased by 10.2% starting January 1, 2015, following a decision of Romania’s energy regulator ANRE, according to state-run...
JTI: Finance Ministry Excise Plans To Raise Cheap Cigarette Prices
The Finance Ministry has notified large tobacco manufacturers it plans to change excise levels for next year and JTI Romania has calculated an impact of an additional RON0.20-RON0.25 in the...
Products Bought Online Up To 40% Cheaper Than In Traditional Stores - Study
Products bought online can be cheaper by as much as 40% than physical stores during promotional sales campaigns and the biggest price differences were registered for perfumes, books, electro...
Isarescu: Alcohol And Tobacco Prices Will Go Down Next Year, But Gasoline Will Be More Expensive
Romania’s central bank governor Mugur Isarescu said Thursday that tobacco and alcohol prices will decline in 2015, because the calendar for the alignment of excise duties has already been fu...
Price Difference Between New And Old Apartments Halves In Bucharest, Grows In Other Major Cities
The price difference between old and newly-built apartments in the same area in capital Bucharest has halved to 11% in the first nine months of the year, but the gap widened in other major c...
Tobacco Producers Fear New Excise Hikes
Tobacco producers fear new excise hikes as of next year, either by moving up the harmonizing calendar or by changes in the calculation methodology of the currency exchange rate used to calcu...