Social/Politics
EU Assigns EUR10M To Extend Romania-Moldova Gas Pipeline To Moldovan Capital
The European Union has assigned an additional EUR10 million for the extension of the Iasi-Ungheni natural gas pipeline to the Moldovan capital of Chisinau, the country's largest gas consumer...
Romania Consumer Prices Down 0.3% in August; Annual Inflation Eases To 0.84%
Romanian consumer prices fell 0.3% in August from a month earlier, mostly due to lower prices for food, while the annual inflation eased to 0.84%, the country’s statistics institute INS said...
CEZ Romania: New Taxes Would Complicate Investment Decisions
New taxes would considerably hinder companies' decisions to invest in Romania, as pressure on costs is huge, CEZ Romania chief Martin Zmelik said Tuesday.
Siveco CEO Irina Socol Detained In Tax Evasion Case
Irina Socol, CEO and shareholder of Romanian software developer Siveco Romania, was detained by prosecutors Tuesday in a tax evasion case.
Parliament Re-Adopts Bill Lowering Employer Social Security Contributions
Romania's Chamber of Deputies on Tuesday re-adopted a bill lowering social security contributions employers must pay for their employees, rejecting the head of state's request to re-examine...
Romanian Energy Sector Needs Annual Investments Of EUR4-5B In Next 10 Years - Minister
The Romanian energy sector needs investments of EUR4-5 billion a year in the next ten years, a total of EUR5-15 billion more than estimated six months ago, minister-delegate for Energy Razva...
Romania Trade Deficit Widens To EUR3.36B In Jan-July
Romania exported a record EUR4.8 billion worth of products in July, but the trade deficit for the first seven months was still wider than in the same period a year before, the country’s stat...
INS: Romania Industrial New Orders Down 4.9% In July
Romanian industrial new orders fell 4.9% on the month in July, after a 6.6% increase in the first half, data from the country’s statistics institute INS showed Monday.
Fitch Affirms Romania at 'BBB-', Revises Down Forecast For 2014 GDP Growth
Fitch Ratings affirmed Romania's long-term foreign and local currency ratings at 'BBB-' and 'BBB’, respectively, with stable outlooks, and revised down its forecast for 2014 GDP growth to 2....