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INS: Romania Unemployment Rate Stable A 7.1% In August
Macroeconomics

INS: Romania Unemployment Rate Stable A 7.1% In August

Romania's unemployment rate was stable at 7.1% in August, seasonally adjusted data from the statistics institute INS showed Tuesday.

Bogdan Neagu · 30.09.2014 · 10:53 · 1 min
EBRD May Explore Opportunities To Support Banking Sector Consolidation In Romania
Banks-Insurance

EBRD May Explore Opportunities To Support Banking Sector Consolidation In Romania

The European Bank for Reconstruction and Development (EBRD), the international financial institution with EUR6.8 billion worth of investments in Romania, is still interested in supporting th...

Catalina Apostoiu · 30.09.2014 · 00:00 · 3 min
Social/Politics

Labor, Administration, Defense Ministries To Get Extra Money At Second Budget Revision

The Ministries of Labor, Public Administration, Defense, Justice, Interior and Foreign Affairs will get extra money at the second budget revision, while funds will be cut from Health, Agricu...

Gabriela Stan · 28.09.2014 · 12:32 · 1 min
Romania Jobless Rate Slightly Up To 5.12% In August
Social/Politics

Romania Jobless Rate Slightly Up To 5.12% In August

Romania's unemployment rate inched slightly up to 5.12% in August, from 5.09% a month earlier, data from the country’s employment agency ANOFM showed Friday.

Gabriela Stan · 26.09.2014 · 19:24 · 1 min
Federation: EU Reluctant To Back Romanian Agriculture As Its Growth May Cause Problems
Social/Politics

Federation: EU Reluctant To Back Romanian Agriculture As Its Growth May Cause Problems

The European Union does not want to support the Romanian agricultural sector because if it reached its full potential, it would cause social problems in other member states, Viorel Matei, he...

Ecaterina Craciun · 26.09.2014 · 18:02 · 1 min
Minister: Romania Ranks 1st In EU By Corn-Cultivated Area, But Fares Bad In Terms Of Yields
Social/Politics

Minister: Romania Ranks 1st In EU By Corn-Cultivated Area, But Fares Bad In Terms Of Yields

Romania places first in the European Union in terms of areas cultivated with corn, but is far from holding the top spot when it comes to the yield per hectare, Agriculture Minister Daniel Co...

Ecaterina Craciun · 26.09.2014 · 13:08 · 1 min
Minister: Romanian Farmers To Get Subsidies Of EUR692M In Advance As Of Mid-October
Social/Politics

Minister: Romanian Farmers To Get Subsidies Of EUR692M In Advance As Of Mid-October

Romanian farmers will receive subsidies of nearly EUR692 million (namely EUR79 per hectare), starting with the second half of October, which represent a down-payment of the total direct surf...

Ecaterina Craciun · 26.09.2014 · 12:37 · 1 min
Social/Politics

VAT Cut On Meat A Priority, Future Government To Decide - Minister

A lower sales tax in the meat industry is a priority, after Romania lowered the VAT rate on beard to 9% from 24%, but the decision will belong to the future cabinet, after the presidential e...

Oana Gavrila · 26.09.2014 · 12:33 · 1 min
Agriculture Ministry To Continue Subsidizing Diesel Fuel Excise In 2015
Social/Politics

Agriculture Ministry To Continue Subsidizing Diesel Fuel Excise In 2015

Romania's Agriculture ministry will continue to subsidize the rise in diesel fuel excise duties in 2015 and the measure is to be approved by government decision in the following weeks.

Oana Gavrila · 26.09.2014 · 11:31 · 1 min