Social/Politics
Defense Body Calls On Government And Parliament To Restore Data Storage Laws
Romania's highest defense body CSAT decided Tuesday the Government or parliament must intervene to create the appropriate legislative framework requiring telecom operators to to store identi...
Bucharest Stock Exchange's Rasdaq Market To Be Abated
The Romanian Parliament adopted a bill on Tuesday abating the Rasdaq market and issuers listed on this segment will transfer to a regulated market or an alternative trading system (ATS) or w...
PM: Local Authorities Received Extra RON1.1B At Budget Revision
Local authorities were assigned an extra RON1.1 billion at this year's second budget revision and the Ministry of Public Administration and Regional Development got and extra RON400 million...
Parliament Appoints New Financial Authority Members
Lawmakers voted 315 to 16 to appoint new members on the board of the country's Financial Supervisory Authority (ASF).
BNR Revises Slightly Down Romania's 2013 FDI To EUR2.71B
Romania’s central bank has revised slightly downwards foreign direct investment data for 2013 to 2.712 billion euro, from EUR2.14 billion in the previous year, the bank said in a news releas...
Fiscal Council Says Government's VAT Collection Estimate Of Extra RON544.8M Unrealistic
Romania's Fiscal Council on Tuesday said the government’s revised estimate for VAT collections is unrealistic, considering collections in July and August, adding the more cautious approach w...
Romania Central Bank Cuts Key Rate To 3% From 3.25%
Romania’s central bank Tuesday cut its key monetary policy rate by 25 basis points to a record low 3%, in line with the analysts’ expectations, as inflation remains low while the country’s e...
Lack Of High Standard Infrastructure Hinders Romania’s Sustainable Development
The lack of up-to-standard transport infrastructure hinders Romania's speedier and sustainable development and affects the flexibility of the workforce, consequently impacting people's incom...
Romania Housing Permits Down To 3,618 In August
Romanian housing permits went down 5% to 3,618 units in August, from 3,807 units a month earlier, the country’s statistics institute INS said Tuesday.