Macroeconomics
Romania Asks EU To Grant Subsidy For 12 Mln Ha Agricultural Land
Romania asks the European Commission to grant financial support for an area of 12 million hectares, compared with 7 million hectares as settled upon the European Union’s accession, minister...
Romania Could Award Tax Cheat Whistleblowers
Turning in a neighbor to the fiscal authorities for suspected tax evasion might become a profitable business with the introduction of the “informant” system that awards quality reports of ta...
Deputy FinMin: Romania May Hike Taxes On Multiple Homes, Apply Taxes On Swimming Pools
The Romanian Finance Ministry plans to increase taxes paid by owners of two or more buildings and limit exceptions regarding taxes on property, income and profit, secretary of state Liviu Vo...
Analysts: Prospects For 2013 Seem Favorable, Economy Should Return To Spotlight
Romania’s economic prospects for 2013 appear favorable considering that the economy of the eurozone is expected to return to growth, analysts say.
Romania, World Bank Sign EUR1B Loan Agreement
Romania’s Finance Ministry and the World Bank signed Wednesday the EUR1 billion loan agreement between the Eastern European country and the International Bank for Reconstruction and Developm...
Romania To Rethink Subsidies In Railway Passenger Transport System
Romania’s Government will rethink the system subsidizing railway passenger transport and plans to take profitable services out of the public service obligations of the railway passenger comp...
Foreign Direct Investment Falls To EUR907M In First Seven Months
Romanian foreign direct investment, or FDI, were down to EUR907 million in the first seven months, from EUR963 million in the same period of 2011, central bank data showed Tuesday.
BNR: Romania's Current Account Deficit Narrows To EUR2.4B In Jan-July
Romania's current account deficit narrowed to EUR2.44 billion in the first seven months of 2012, from EUR3.77 billion a year earlier, largely due to a lower gap of the incomes balance and a...
Romania Inflation Climbs To 3.88% In August
Romanian consumer prices rose 0.51% on the month in August, on higher prices across the board, while the annual inflation accelerated for a third straight month to 3.88%, the statistics inst...