Social/Politics
Eurostat: Romania Minimum Wage Doubles In 2008 - 2015, Still Second Lowest In EU
Romania continues to have the second lowest monthly minimum wage in the European Union, after Bulgaria, although it posted the fastest growth in EU, of 95%, between 2008 and 2015, Eurostat d...
Investors Welcome Tax Cuts, Concerned Proposed Legislation May Change Before Enactment
Fiscal policy measures that stimulate economic activity and lower the tax and the administrative burden are welcome but there is also a risk of considerable changes to the draft Tax Code ahe...
Government To Approve New Tax Code March 18-25
The Romanian government will discuss the draft Tax Code again in view of approving it in the interval March 18-25, Finance Minister Darius Valcov said Wednesday during the weekly Cabinet mee...
GfK: Romanians Confident Of Income Growth, Willingness To Buy Still Low
Romanians are confident that their income prospects would improve but this has not yet had a major impact on willingness to buy, as Romanian consumers need all their available income for eve...
Lax Policies Won't Boost Economic Growth - Central Bank Official
Lax fiscal and monetary policies don't necessarily lead to economic growth, central bank chief economist Valentin Lazea said Tuesday, adding economists ignore the experience of past centurie...
BNR: Romania Private Lending Falls In January
Romanian private lending went down in January, as banks continue to shed bad loans of their books, central bank data showed Tuesday.
EBRD Wants To See A Private Company Listing In Bucharest Soon
The European Bank for Reconstruction and Development, an international financial institution with EUR7 billion worth of investments in Romania and a minority stakeholder in the Bucharest Sto...
Major Energy Companies Threaten To Halt Investment in Romania
Executives of utility companies say they are reluctant to continue to invest in Romania after two legislative changes in two years that shook their confidence in the long-term profitability...
Romania's Energy Strategy Completed By October - Minister
Romania's future energy strategy will focus on energy security and might be completed in September of October, Energy Minister Andrei Gerea said Monday.