Social/Politics
Romanian President Promulgates Tax Code
Romanian President Klaus Iohannis announced Monday he promulgated the new Tax Code, adding he is very satisfied with the development of the public debate, including debates between parties,...
Bucharest Mayor Sorin Oprescu Placed Under Preventive Arrest
The Bucharest Court ruled Sunday night to place Bucharest mayor Sorin Oprescu under preventive arrest for 30 days on charges of taking bribe.
Railway Employees Threaten Full Blown Strike As Of October 1
Workers in the Romanian railway sector threaten to stop work on October 1 unless their demands are met by the end of September.
Declining Exports Slowed Romania's GDP Growth In 2Q
Romania's economic growth eased in the second quarter due to a slowdown in exports coupled with a rise in imports of goods and services, the statistics institute INS said Friday.
Romanian Lawmakers Adopt Tax Cuts Under New Code
Romania's lower house of Parliament on Thursday adopted the country's new tax code, which lowers the general value-added tax rate, eliminates extra excises and lowers taxes on dividends.
Romania Allots RON984M For Programs Financed From EU Structural Funds
The Romanian Government decided Wednesday to temporarily allot RON984 million from privatization proceeds to provide financing for the month of September for the operational programs finance...
Romania’s EU Fund Absorption Rate Seen At 70% End-2015
Romania’s European Union fund absorption rate is expected to reach nearly 70% at the end of 2015, EU funds Minister Marius Nica said Wednesday, adding the rate is likely to reach 75-78%, bas...
President Iohannis Meets With Representatives Of ExxonMobil And OMV Petrom
Romanian President Klaus Iohannis met Wednesday with representatives of oil and gas companies ExxonMobil and OMV Petrom who emphasized the importance of stability and predictability at fisca...
SME Council Voices Concerns Over Impact Of Planned Public Wage Hikes On Budget Deficit
The National Council of Romanian Small and Medium-sized Enterprises, or CNIPMMR, has expressed its concern regarding the impact on the budget deficit of a potential increase in public sector...