Social/Politics
Foreign Tourists Spent EUR1.1B In Romania In 2014
Foreign tourists spent 5.09 billion lei (EUR1.15 billion) in Romania last year, up 6.2% from RON4.79 billion in 2013, according to data released by the country’s statistics institute Tuesday...
Government Extends 9% VAT To Milk, Eggs, Livestock And Live Poultry
Romania's government has extended the list of products to get a VAT cut to 9% to include milk, eggs, livestock and live poultry, besides meat, fish, fruit and vegetables, according to an upd...
Government Hikes Taxes On All Types Of Lands In Updated Tax Code Draft
Romania’s Government plans to increase taxes on lands within and outside city limits as of 2016, according to an updated draft of the Tax Code, compared to the draft presented a month ago.
Government Raises Property Tax In Updated Tax Code Draft
Romania's government raises taxes on residential property even more as of next year, according to an updated draft of the Tax Code, from the draft presented a month ago.
Foreign Investment Up 22% In January To EUR300M
Romanian foreign direct investment, or FDI, rose to 299 million euros in January, from EUR244 million in the same month of 2014, data from the central bank showed Monday.
Romania Current Account Surplus Doubles To EUR554M In January
Romania's current account balance posted a surplus of 554 million euros in January, more than double compared with EUR252 million in the same month a year ago, central bank data showed Monda...
Romanian Finance Minister Darius Valcov Resigns
Romanian Finance Minister Darius Valcov, who is currently investigated by anti-corruption prosecutors for taking bribe while he was the mayor of Slatina town, resigned on Sunday.
Finance Ministry Repays EUR1.5B Of EU Loan, EUR5B Left
The Finance Ministry repaid the first EUR1.5 billion tranche of the loan it took from the European Commission in 2009. The amount equals half of this year’s projected budget deficit.
INS: Romania’s January Construction Output Falls 5.4% On Month
Romania’s construction output fell in January compared with the previous month, but it was higher against the same period of last year, official data showed Thursday.