Social/Politics
PM: Romania To Raise Gross Minimum Wage To RON1,200 In 2016
Romania will raise the gross minimum wage to 1,200 lei (EUR269) in 2016, Prime Minister Victor Ponta stated Thursday.
Sales Of Leu Mortgage Loans Tripled In 2014
The halving of the interest rates and the halt of the crisis impact on home prices are driving up residential property transactions, with statistics indicating a rise in sales of leu mortgag...
PM: Government Mulls Cutting VAT For All Products As Of January 2016
The government’s target for this year is to cut value added tax for all products as of January 2016, Prime Minister Victor Ponta told ministers during Wednesday’s government session.
CVM Report Shows Romania Is On The Right Course
Romania is on the right course and needs to stick to it, European Commission first vice-president Frans Timmermans said Wednesday upon the release of the country's justice report.
Survey: Romanians Grew More Concerned About Job Security And Debts In 4Q 2014
Romanians grew more concerned about job security, debts and the economy in the last three months of 2014, compared with the previous quarters, according to a survey from market researcher Ni...
INS: Romanian Executives Expect Declining Activity In Retail, Constructions In 1Q
Romanian managers predict activity in the retail sector will moderately fall over the January-March period compared with the previous three months, with a significant decline expected in con...
Romania Issued Less Housing Permits In 2014
Romanian authorities issued 37,672 housing permits in 2014, 0.3% fewer than in the previous year, the country’s statistics institute INS said Wednesday.
GfK: 2014, The Best Year For Romanians’ Confidence In Economy Since Start Of Crisis
The year 2014 was the best since the start of the economic crisis as regards Romanians’ confidence in the economic and financial perspectives, income was stable and fewer people said their f...
Former Ministers Sentenced To Prison In Strategic Privatizations Case
Romania's supreme court issued a definitive ruling Tuesday sentencing Codrut Seres, a former economy minister, to four years and eight months in prison, while former communications minister...