Social/Politics
INS: Romania Retail Sales Down In May Vs April
Domestic consumption in Romania couldn’t find its footing in May, after it returned to growth in the previous month, official data showed Friday.
Former CEO Of Siveco Romania Sentenced To Prison For Tax Evasion
Irina Socol, former CEO of Romanian software developer Siveco Romania, was sentenced Thursday to three and a half years in prison for tax evasion.
INS: Romanian Industrial Producer Prices Up 0.2% In May
Romania’s industrial producer price index went up 0.2% in May, after a 0.5% decline in the previous month, the country’s statistics institute INS said Thursday.
Household Gas Prices Rise By RON7/MWh As Of July
Gas prices for household consumers and thermal power producers will rise to RON60/MWh from RON53.3/MWh as of July 1 and will continue to rise by RON6 a year in 2016 and 2017, under the dereg...
Agriculture Support Agency Paid RON181.2M To Dairy And Meat Producers
Romania’s agriculture support agency APIA paid a total RON181.2 million to dairy farmers and to beef and goat producers in disadvantaged areas, from the European Agricultural Guarantee Fund...
Romania's Forex Reserves Fell Slightly In June To EUR30.1B
Romanian foreign exchange reserves fell by 109 million euros to EUR30.11 billion in June, from EUR30.22 billion in the previous month, central bank data showed Wednesday.
Romania Central Bank Leaves Key Rate Unchanged at 1.75%
Romania’s central bank kept its main monetary policy rate unchanged at 1.75%, as fears over a possible Greece exit from the euro-zone outweighed the extremely low inflation prospects.
Tourist Arrivals In Romania Up 14.6% On Year In May
Arrivals at Romanian tourism accommodation establishments rose 14.6% in May from the year-earlier month, while overnight staying increased 12.3% on the year, data from the statistics institu...
Greek Crisis Turns Leu Into Currency Of The Future For Romania
The tenth anniversary of the hard leu, which no one had thought would live more than seven to ten years in 2005 (expectation at the time was that the shift to the euro would happen soon afte...