Social/Politics
Budget Revenue Share Of GDP Down To Four-Year Low
The government came with two successive waves of taxation changes in 2013, followed by a new taxation increase in the first half of this year, but despite the new or higher taxes, the total...
Romania Housing Permits Up 2% To 17,749 In First 6 Months
Romanian housing permits rose 2% on the year to 17,749 units in the first year-half, the country’s statistics institute INS said Monday.
EXCLUSIVE: Romania To Hike Apartment Tax, Cut Tax On Large Homes
The tax on apartments located in buildings more than three stories high, which include eight housing units, and on dwellings located in old buildings more than 30-50 years old will see a sli...
Minister: Romania Not To Raise Health Contributions Either This Year Or In Coming Years
Romania’s Health Minister Nicolae Banicioiu said Monday that health contributions will not be increased either this year or in the upcoming years, adding the government held no talks on the...
Business Outlook: Executives Expect Growth In All Sectors In 3Q
Romanian managers expect activity in all economic sectors to grow in the July-September period compared with the previous three months, the statistics institute INS said in a survey Monday.
Corn Crops To Generate 30% Yield in Romania
The farmers who bet on corn in the spring will get EUR1,000 per hectare in the fall, at a yield of 8 tons/hectare and an average price of EUR130 per ton, according to a ZF analysis.
Romania’s 2013 Farming Output Up 24.5% To RON78.4B
Romania’s farming production rose to 78.4 billion lei (EUR18 billion) in 2013, up 24.5% from 2012, of which crop production amounted to RON53.8 billion, accounting for 68.6%, up 38.8% from 2...
Small Farmland Plot Asking Price Reaches EUR4,000/Ha
The price of farmland put for up sale by owners of small plots of up to 30 hectares has reached EUR4,000/hectare on average, according to a ZF analysis based on 50 ‘for sale’ ads.
President Sends Back To Parliament The Law On Social Security Tax Cut
President Traian Basescu sent back to the parliament the law on social security tax cut, asking for a clarification of the means to offset the resulting budgetary impact.