Social/Politics
Romanian Executives See Falling Activity In Industry, Constructions Over Winter Season
Romanian managers predict activity in the manufacturing sector will moderately fall over the December-February period compared with the previous three months, with a significant decline expe...
BNR: Romania Private Lending Inches Higher In November
Romanian private lending went up 0.1% on the month in real terms in November, after a similar increase in October, central bank data showed Tuesday.
Romania 2013 GDP Growth Revised Slightly Down To 3.4%
Romania’s gross domestic product grew 3.4% in 2013 compared with the previous year to 637.58 billion lei (EUR144.2 billion), according to semi-definitive data released Tuesday by the country...
Adama: First Home Scheme Supports Residential Sales, But Bigger Efforts Are Needed
Real estate developer Adama, owned by Austria’s Immofinanz group, sold almost 200 apartments this year and readies to start works on a 77-apartment block in Berceni district of southern Buch...
Romania’s Fiscal Council Says 2015 Budget Revenue Overestimated
Romania’s Fiscal Council says the fiscal revenue is overestimated by 2.35 billion lei (), or 0.33% of the gross domestic product, in the 2015 budget draft, while the investment expenditure w...
Romanian Gas Market Stays Regulated Until 2021 For Household Consumers, Heat Suppliers
The Romanian market of natural gas for household consumers and thermal power producers supplying heating services to household consumers will remain regulated until 2021, to keep household b...
First Home 2014: 25,000 State Guarantees On Mortgage Loans Of EUR900M
Romanians benefited this year of around 25,000 state guarantees on mortgage loans under the First Home program and received total loans of EUR900 million.
Foreign Investors: Taxes Introduced This Year Didn't Have Desired Effects
The special construction tax and higher excises on fuels introduced this year did not produce the government's desired effects, as they were adopted without impact studies or consultations w...
Foreign Investors: Cabinet Reshuffle Affects Business If Changes Go Deeper Within Ministries
The government reshuffle require efforts from the business environment, which needs to establish dialog with the new Cabinet ministers, but that shouldn't be a problem as long as changes don...