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Businesspeople Ask For Simplification Of Government Structure Instead Of More Ministries
Social/Politics

Businesspeople Ask For Simplification Of Government Structure Instead Of More Ministries

Instead of simplifying the administrative apparatus as it had promised to do, the ruling coalition wants to create new ministries.

Neagu Bogdan Mircea · 13.12.2012 · 00:00 · 2 min
Romania OKs Higher Local Taxes, Duties By Up To 16.05% In 2013
Social/Politics

Romania OKs Higher Local Taxes, Duties By Up To 16.05% In 2013

The Romanian Government approved in Wednesday meeting an increase of local taxes and duties by up to 16.05% in 2013.

Manuela Panescu · 12.12.2012 · 18:38 · 1 min
Moody's: Romania's Rating Depends On New Government Policy And Its Ability To Implement It
Macroeconomics

Moody's: Romania's Rating Depends On New Government Policy And Its Ability To Implement It

The policy priorities of Romania’s new administration once it assumes office and the ability to implement these priorities over the next several months are the main issues to follow in the c...

Bogdan Neagu · 11.12.2012 · 17:25 · 1 min
INS: Adjusted Industrial Output Flat On Month In October
Macroeconomics

INS: Adjusted Industrial Output Flat On Month In October

Romanian adjusted industrial production remained unchanged in October compared with a month earlier, held back by lower output in energy and mining sectors, the country’s statistics institut...

Florentina Dragu · 11.12.2012 · 10:00 · 1 min
Romania Annual Inflation Eases To 4.56% In November
Macroeconomics

Romania Annual Inflation Eases To 4.56% In November

Romania’s annual inflation eased for a second straight month in November, data from the statistics institute INS showed Tuesday.

Florentina Dragu · 11.12.2012 · 10:00 · 1 min
Macroeconomics

Raiffeisen Sees Tougher Negotiations Between Romania, IMF Over Follow-up Deal

Romania should expect tougher negotiations at next year’s discussions for a follow-up agreement with the International Monetary Fund, considering that the general fiscal framework announced...

Florentina Dragu · 10.12.2012 · 18:30 · 1 min
Fitch: Romania Government Should Be Able To Pass Decisions More Easily
Macroeconomics

Fitch: Romania Government Should Be Able To Pass Decisions More Easily

The projected outcome of Romania’s parliamentary elections will guarantee the government the necessary support to pass bills more easily, but the absence of a strong opposition could also le...

Florentina Dragu · 10.12.2012 · 16:15 · 1 min
Romania January-October Trade Deficit Widens To EUR8.3B
Macroeconomics

Romania January-October Trade Deficit Widens To EUR8.3B

Romania’s trade deficit widened to EUR8.26 billion in the first ten months of 2012, from EUR7.68 billion in the year-earlier period, the country’s statistics institute INS said Monday.

Neagu Bogdan Mircea · 10.12.2012 · 10:00 · 1 min
INS: Romania's Power Output Down 2% In First Ten Months
Macroeconomics

INS: Romania's Power Output Down 2% In First Ten Months

Romanian energy output fell 2.1% on the year to 19 million tons of oil equivalent in the first ten months, on declining production in the hydropower and nuclear sectors, official data showed...

Neagu Bogdan Mircea · 07.12.2012 · 10:00 · 1 min