Social/Politics
Agriculture Ministry Allots RON1.7B To Make Faster Subsidy Payments To Farmers
Romania’s Agriculture Ministry allocates approximately RON1.7 billion, from privatization proceeds, to make faster subsidy payments to farmers.
Romania’s Former EU Negotiator: We’ve Got No Industrial Policy, No Service Policy, No Agricultural Policy
Two million Romanians living abroad and having sent back home EUR60 billion. A Gross Domestic Product that went from EUR127 billion in 2007 to EUR160 billion in 2015. Exports up from EUR30 b...
70% Of Romania’s Employees Earn Less Than Average Wage Per Month
Two in three employees in Romania earn less than the average wage of 1,700 lei (EUR380) per month in net amount, as Romania is unable to attract high value added investments that generate hi...
Minimum Wage Raise Boosts Disposable Incomes By EUR600M
The rise in gross minimum wage from 1,050 lei (EUR234) to RON1,250 per month as of May 1 will boost the disposable incomes of more than 1.6 million employees by about EUR600 million a year,...
KPMG: Employers In Constructions And Agriculture, Most Affected By Minimum Wage Hike
The gross minimum wage in Romania will be raised to RON1,250 from the current RON1,050 as of May 1, 2016 and the measure will benefit some 1.1 million employees in Romania.
Romanian President Promulgates Law On Exchange Of Financial Account Information
Romanian President Klaus Iohannis on Friday signed the decree for promulgating the law on ratifying the Multilateral Competent Authority Agreement for automatic exchange of financial account...
EY: Perception On Bribery And Corruption In Romania On Downward Trend
The level of perception on bribery and corruption is decreasing in Romania for the third consecutive year, according to EY 14th Global Fraud Survey.
EY: 53% Of CEOs In Romania Use Social Media Networks
Over half of CEOs in Romania are present on social media networks, most of them on LinkedIN (67%), followed by Facebook (61%) and Twitter (16%), according to "The social CEO" study by EY Rom...
Parliament Adopts Law On Debt Discharge
The Romanian Chamber of Deputies has adopted the law on debt discharge on Wednesday, with 207 pros, one con and one abstention.