Social/Politics
Romanian Sheep Exporters Must Seek New Markets After Losses Due To Blue Tongue Disease
Romanian sheep farmers who exported livestock to Arab countries this season face financial losses due to the blue tongue disease and must seek new foreign markets, Agriculture Minister Danie...
Romania’s Budget Deficit Slightly Up To 0.24% Of GDP In August
Romania’s government deficit slightly rose to 0.24% of the gross domestic product after the first eight months, from 0.2% of GDP at the end of July, as budget spending continued its downward...
Tobacco Producers Fear New Excise Hikes
Tobacco producers fear new excise hikes as of next year, either by moving up the harmonizing calendar or by changes in the calculation methodology of the currency exchange rate used to calcu...
All First Home Applications To Be Approved In 2014 Under RON710M Budget
Prospective home-buyers under the First Home government-backed mortgage lending program have a budget of RON710 million available, as the government has reassigned guarantee funding from hom...
Employment Rate In Romania Goes Up, Employers See Salaries Rise In Two Years
The falling unemployment rate, but also the declining number of inhabitants (Romania now has below 20 million inhabitants) were two of the factors that led to labor market improvement, so th...
Romania Filed Suit Against Enel In Paris Arbitration Court, Asking For EUR521.6M
Romania’s energy assets administration company SAPE filed a suit against Italian utility Enel in the Paris Arbitration Court, demanding the Italian company pay EUR521.58 million.
Romanians Believe "Someone Else", Mainly The State, Should Ensure Their Pensions - Survey
Half of Romanians believe "someone else" must ensure they have decent pensions upon retirement, particularly the state, which explains' people's low interest for the private pension system,...
President Signs Tax Amnesty Bill Into Law
Romanian President Traian Basescu signed Tuesday into law a bill that exempts pensioners and parents on parental leave who received higher state allowances from paying that extra money back.
Romania Private Lending Decline Stops In August
Romanian private lending inched up 0.2% in real terms in August, after a 0.7% fall in July, fueled by a increase in leu loans while foreign currency lending extended its decline.