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Romanian Senate Adopts Tax Code
Macroeconomics

Romanian Senate Adopts Tax Code

Romania’s Senate on Tuesday adopted the country’s new tax code, adding amendments convened with political leaders to have a gradual cut in the value added tax rate.

Oana Gavrila · 01.09.2015 · 19:31 · 1 min
Romanian Air Traffic Controllers Call Off Strike Planned For Sept 1
Social/Politics

Romanian Air Traffic Controllers Call Off Strike Planned For Sept 1

Romanian air traffic controllers have agreed to call off a full blown strike they had planned to start on September 1.

Oana Gavrila · 01.09.2015 · 09:07 · 1 min
INS: Romania Housing Permits Up 3.3% In Jan-July
Macroeconomics

INS: Romania Housing Permits Up 3.3% In Jan-July

Romanian housing permits went up 3.3% in the first seven months of the year, to 22,271, the statistics institute INS said Friday.

Oana Gavrila · 28.08.2015 · 10:14 · 1 min
INS: Romanian Managers Expect Growth in Retail in Aug-Oct
Macroeconomics

INS: Romanian Managers Expect Growth in Retail in Aug-Oct

Romanian executives expect growth in all economic sectors in August-October, compared with the previous three months, most notably in retail, the statistics institute INS said in a survey re...

Oana Gavrila · 28.08.2015 · 10:04 · 1 min
Energy

Republic Of Moldova Should Not Depend On A Sole Energy Supplier - PM

The Republic of Moldova should not depend on a sole energy supplier as the cutback in energy independence implicitly triggers a narrowing of the state’s independence, Romanian Prime Minister...

Gabriela Stan · 27.08.2015 · 15:40 · 1 min
Romania To Grant EUR100M Non-Refundable Loan To Republic Of Moldova
Social/Politics

Romania To Grant EUR100M Non-Refundable Loan To Republic Of Moldova

Romania will grant a non-reimbursable loan worth EUR100 million to the Republic of Moldova, Prime Minister Victor Ponta said Thursday, during an official visit to Chisinau.

Gabriela Stan · 27.08.2015 · 13:10 · 1 min
Social/Politics

Romanian Politicians Agree To Cut VAT To 20% Next Year, To 19% In 2017

Romania's parliamentary parties agreed Thursday in talks on the country's new tax code to lower the general value added tax from 24% to 20% as of 2016 and further to 19% as of 2017.

Oana Gavrila · 27.08.2015 · 12:05 · 1 min
Five Industrial Parks Turned Brasov City Into Regional Economic Hub
Companies

Five Industrial Parks Turned Brasov City Into Regional Economic Hub

Companies in the central city of Brasov posted total revenue of 37 billion lei in 2014, or 3% of the economy, turning the city into a regional economic hub, according to ZF analysis based on...

Manuela Panescu · 26.08.2015 · 17:04 · 1 min
Romania Ranks 27th In Top Of Best Destinations For Expats - Survey
Social/Politics

Romania Ranks 27th In Top Of Best Destinations For Expats - Survey

Romania ranks 27th in a top of 64 attractive destinations for expats, according to Expat Insider 2015 survey, conducted by expats social network InterNations in 195 countries.

Gabriela Stan · 26.08.2015 · 16:45 · 1 min