Social/Politics
Vodafone Seeks EUR15M Damages From Romania's Telecom Watchdog
Vodafone, the second leading mobile telephony provider in Romania, on Thursday sued communications market watchdog ANCOM, seeking EUR15.1 million damages to compensate for its inability to u...
Romania's Antitrust Body Fined 53 Companies For Unfair Competition In 2014
Romania’s Competition Council last year fined 53 companies a total 185 million lei (some EUR42 million) for anticompetitive behavior, more than double against 2013, the antitrust watchdog sa...
Government Drafts Bill Taxing Tips
The government wants to tax tips, which will require a separate receipt, and employers will be able to choose whether to have tips taxed as profit or distributed to employees and taxed as in...
INS: Romania’s Construction Output Rises In February
Romania’s construction output rose in February both when compared with the previous month, and against the same period of last year, official data showed Wednesday.
IMF Sees Romania’s GDP Growth At 2.7% In 2015
Romania’s gross domestic product will grow 2.7% in 2015, according to the latest World Economic Outlook report issued Tuesday by the International Monetary Fund, which sees the local economy...
BNR: Romania FDI Up To EUR409M In First Two Months
Romanian foreign direct investment, or FDI, rose to 409 million euros in January to February, from EUR282 million in the same period of 2014, data from the central bank showed Friday.
Romania Current Account Surplus Widens To EUR285M In Jan-Feb
Romania's current account balance posted a surplus of 285 million euros after the first two months, compared with EUR201 million in the same period a year ago, amid a larger goods and servic...
Romania’s Annual Inflation Up To 0.8% In March
Romanian consumer prices rose 0.4% in March from a month earlier, on increases across the board, and the annual inflation jumped to 0.8%, the country’s statistics institute INS said Friday.
Romania To Join Euro-Area After 2020, Analysts Say
Romania will join the euro-zone no sooner than 2020, most economist say, as the deadline announced by the local authorities, 2019, is mainly formal without a clear strategy and agenda.