Social/Politics
Romania Unemployment Rate Down To 4.93% In May
Romania's unemployment rate decreased to 4.93% in May from 5.12% in April, data from the country’s employment agency ANOFM showed Tuesday.
Romania To Raise Gross Minimum Wage In July To RON1,050 From RON975
Romania will raise the gross minimum wage from the current RON975 to RON1,050 (RON233) a month, or RON6.225 an hour, as of July 1.
INS: Romanian Executives Expect Strong Rise In Retail Over Summer Season
Romanian managers predict activity in retail will grow robustly over the June-August period compared with the previous three months, the statistics institute INS said in a survey released Mo...
Romania Housing Permits Up 8.9% To 3,654 In May
Romanian housing permits went up 8.9% to 3,654 units in May, from 3,355 units a month earlier, the country’s statistics institute INS said Monday.
BNR: Romania Private Lending Rises In May
Romanian private lending stopped its decline in May, rising 0.8% in real terms against the previous month, after a 0.3% decrease in April, central bank data showed Thursday.
Chamber Of Deputies Approves Tax Code And Fiscal Procedure Code
The Romanian Chamber of Deputies on Wednesday approved the Tax Code and the Fiscal Procedure Code, with 306 pros, two cons and one abstention.
FinMin: Romania Will Keep Budget Deficit Below 3% Of GDP In 2016 After Tax Cuts
Romania’s budget deficit will be higher than the target agreed with the international financial institutions next year, but still below the cap of 3% of the gross domestic product allowed by...
ADRFR: Half Of Pharmacies In Romania Might Close Down In The Next Year
Half of pharmacies in Romania might be closed in the upcoming year if medicine prices fall too much without harmonization with the clawback tax, Robert Popescu, head of the Association of Ph...
IMF, EU Warn Fiscal Deficit Will Slip If Romania Introduces New Tax Code
The introduction of the current form of the Tax Code in Romania starting next year will create a significant fiscal deficit, which could prove difficult to correct, according to the represen...