Social/Politics
President Sends Tax Code Back To Parliament
President Klaus Iohannis has refused to sign the new Tax Code into law and sent it back to Parliament for reexamination, calling for a closer look at its implications on the state budget.
New Minister Says EU Funding And Transport Master Plan Are Priorities
Romania's new Transport Minister Iulian Matache said Friday, after his swearing in ceremony, his top priorities are increased EU fund absorption and the implementation of the transport maste...
Romanians Have Longest Work Week In EU- Study
Full-time employees in Romania worked the longest weekly hours in the EU – 41 hours last year, the same as in the previous two years, followed closely by Luxembourg, Great Britain, Portugal,...
Iohannis Signs Decree Appointing Iulian Matache Transport Minister
Romanian president Klaus Iohannis signed a decree Thursday appointing Iulian Matache to the position of transport minister.
Foreign Investment In Romania Up To EUR1.29B In January-May
Romanian foreign direct investment, or FDI, rose to 1.29 billion euros in January to May, from EUR1.09 billion in the same period of 2014, data from the central bank showed Tuesday.
Romania Current Account Posts EUR312M Deficit In First Five Months
Romania's current account balance posted deficit of 312 million euros after the first five months, compared with EUR424 million in the same period of 2014, central bank data showed Tuesday.
Romania’s Industrial Production Down 0.1% In May
Romania’s industrial production inched down in May against the previous month, but still was higher than in the same period of 2014, the country’s statistics institute INS said Friday.
INS: Romania's Power Output Up 3.1% In First Five Months
Romanian electricity output rose 3.1% on the year to 26.97 billion kilowatt-hours in the first five months of 2015, fueled by higher production in the hydropower sector, official data showed...
Romania Trade Deficit Widens To EUR2.6B In First 5 Months
Romania’s imports grew more quickly than exports in the first five months of the year and the country’s trade deficit widened to 2.57 billion euros, the statistics office said Friday.