Social/Politics
Carrefour: Consumption Trend, A Nice Surprise In 2014
Consumption gave real signs of a rebound in 2014, with visible effects both in stores and in Bucharest’s old town, as well as in real estate, says Jean Baptiste Dernoncourt, the head of Carr...
Energy Privatizations Chief Appointed Tarom Board Chairman
Gabriel Dumitrascu, head of the privatization division with the Department for Energy, was elected Thursday chairman of the board of Romanian state-owned airline Tarom, replacing Dante Stein...
Romanian Electrica Notified London Stock Exchange Of Intention To Float
Romania's state-owned power producer Electrica SA notified the London Stock Exchange Friday morning of its intention to be floated on that market, Energy Minister Razvan Nicolescu said Frida...
Romania To Cut Social Security Tax By 5 Pct Points In July - FinMin
Romania will lower the social security tax rate by five percentage points as of July 1, Finance Minister Ioana Petrescu said Thursday.
Ponta: 2014-2020 EU Funding Programs To Be Available For Private Sector As Of This Fall
Romanian Prime Minister Victor Ponta said Thursday that the Government is close to drafting a new Partnership Agreement with the European Union for 2014-2020 and the EU funding programs for...
Romania's Flat Tax Rate Remains Unchanged For 2015, Finance Minister Says
Romania will keep its 16% flat tax rate on income unchanged into next year, as the progressive taxation the government has been contemplating entails certain technical aspects which cannot b...
IMF: Romania Should Speed Up Privatization, EU Fund Absorption
Romania’s economy is on its way to match the pre-crisis growth levels, but the recovery pace has been slower compared with other countries and the authorities should speed up the privatizati...
Romania Mulls Introducing Highway Tax In 2015 Or 2016
Romanian authorities might introduce a highway tax on Bucharest-Pitesti (A1) and Bucharest -Constanta (A2) in 2015, at the beginning of the rehabilitation works, or in 2016, after their comp...
Eroilor-Drumul Taberei Subway Section To Be Completed In 2H 2016
The Eroilor-Drumul Taberei section of Bucharest's fifth subway mainline will be completed in the second half of 2016 and the entire mainline should be finished in 2020, Catalin Homor, invest...