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INS: Romania Industrial Sales Down 12.3% On Month In August
Macroeconomics

INS: Romania Industrial Sales Down 12.3% On Month In August

Romanian industrial sales fell in August from a month earlier, another sign of a slowdown in the country’s economy, according to data released by the statistics institute INS Tuesday.

Bogdan Neagu · 07.10.2014 · 10:00 · 1 min
Industrial New Orders Down 13.1% In August, INS Data Show
Macroeconomics

Industrial New Orders Down 13.1% In August, INS Data Show

Romanian industrial new orders fell 13.1% on the month in August, after a 4.9% decrease in the previous month, data from the country’s statistics institute INS showed Tuesday.

Bogdan Neagu · 07.10.2014 · 10:00 · 1 min
Romanian Government Launches Car Loan Program In November
Social/Politics

Romanian Government Launches Car Loan Program In November

Romania's government wants to launch the "First Car" program in November, a state-guaranteed lending program for he purchase of new cars.

Oana Gavrila · 06.10.2014 · 18:29 · 1 min
Romania To Extend First Home Program To Romanians Living Abroad
Banks-Insurance

Romania To Extend First Home Program To Romanians Living Abroad

Romanians living abroad on work and residency permits will be able to buy homes in Romania through the state-guaranteed mortgage lending First Home program, under a guarantee budget of RON25...

Oana Gavrila · 06.10.2014 · 14:42 · 1 min
AmCham: Romania May Attract New Investments In 2015 Under A Stable Government
Social/Politics

AmCham: Romania May Attract New Investments In 2015 Under A Stable Government

Romania might attract new investors next year in the context of the current conflicts in Ukraine, if it has a stable government and a President in agreement with the government, Nadia Crisan...

Gabriela Stan · 06.10.2014 · 14:29 · 1 min
Romania Monthly Average Household Income At RON2,452, Household Spending At RON2,210 In 2Q
Social/Politics

Romania Monthly Average Household Income At RON2,452, Household Spending At RON2,210 In 2Q

The total monthly average income per household in Romania stood at 2,452 lei (EUR555) in the second quarter of 2014, while the total monthly average household expenses stood at RON2,210, acc...

Ecaterina Craciun · 06.10.2014 · 11:18 · 2 min
Social/Politics

Romania Tax Revenues Slightly Above Plan After 9 Months

The Romanian tax authority ANAF collected revenues of 135.98 billion lei (EUR30.8 billion) in the first nine months, 0.5% above the planned amount, the institution said in a news release Fri...

Bogdan Neagu · 03.10.2014 · 15:50 · 1 min
Banks In Romania Rush To Slash Deposit Interest Rates
Banks-Insurance

Banks In Romania Rush To Slash Deposit Interest Rates

Several banks in Romania, inclusively some of those paying interest rates above the market average, have rushed to adjust interests offered to depositors as soon as the central bank cut the...

Catalina Apostoiu · 02.10.2014 · 22:15 · 1 min
Authorities Search Lukoil Refinery In Ploiesti On Suspicions Of Tax Evasion And Money Laundering
Companies

Authorities Search Lukoil Refinery In Ploiesti On Suspicions Of Tax Evasion And Money Laundering

Prosecutors in Ploiesti on Thursday searched the offices of the Petrotel-Lukoil refinery in the city, on suspicions of tax evasion and money laundering amounting to around EUR200 million, so...

Oana Gavrila · 02.10.2014 · 14:25 · 1 min