Social/Politics
IMF Asks Romania To Keep Budget Deficit Below 1% Of GDP In 2015
The International Monetary Fund and the European Commission asked the Romanian government to bring next year the budget deficit to 0.9% of the gross domestic product, but the local authoriti...
Excise Levels To Be Expressed In Lei, Indexed For Inflation As Of 2016 - Draft
The level of excises will be expressed in lei as of next year and indexed for inflation annually as of 2016, according to a draft amending the Romanian Tax Code.
EC Opens Infringement Proceedings Against Romania Over Coal Mines In Gorj
The European Commission opened infringement proceedings against Romania over the expansion of coal mines in the southwestern county of Gorj, for failing to comply with EU directive 92/2011 o...
INS: Housing Construction Up 7.4% On Year In January-September
Romanian housing construction rose 7.4% to 28,555 units in the first nine months from the year-earlier period, on rising investment in urban areas, the country’s statistics institute INS sai...
Net Investment In Romania Economy Fell 6% On Year To RON42.7B In Jan-Sept
Romanian net investments fell 5.9% to 42.67 billion lei (EUR9.6 billion) in the first nine months of 2014 from the year-earlier period, due to falling activity in constructions and lower fun...
Romania Fails To Pave The Last Dirt National Road With Asphalt
Romania’s road authority CNADNR paid 16 billion lei for national road projects during the 2008-2014 period and during the same interval repaired 2,900 kilometers of such roads, that is less...
Household Gas Prices Remain Unchanged Until July 1, 2015
The price of natural gas produced domestically and delivered to household consumers will not be raised until July 1, 2015, the Department for Energy said in a press release Wednesday.
Romania To Keep Oil Industry Royalty System Unchanged In 2015
The royalty system for the oil industry will remain unchanged next year and changes will be considered afterward, minister-delegate for the Budget Darius Valcov said Wednesday.
Romanian Government Approves Third Budget Revision This Year
Romanian government on Wednesday approved the third budget revision this year, assigning funds for the advance payment of certain salary rights and arrears to state employees.