Social/Politics
Romanians Spend 60% Of Monthly Income On Food, Utilities And Fuel
Romanians spend just 3% of their monthly income on healthcare, less than on spirits and tobacco. The smallest sums are earmarked for education, namely 1% of the budget, while food, rent, uti...
Foreign Investments Rise 30% To EUR570M In January-March
Romanian foreign direct investment, or FDI, rose 30.1% on the year to EUR570 million in the first three months of the year, the central bank said Thursday.
Romania Current Account Swings To EUR261M Deficit In 1Q
Romania's current account balance showed a deficit of EUR261 million in the first three months of 2014, versus surplus a year earlier, due to a wider income deficit, central bank data showed...
Romania GDP Rises 3.8% YoY In First Quarter
Romania’s gross domestic product rose 3.8% in the first quarter compared with the same period of 2013, a flash estimate from the country’s statistics institute INS showed Thursday.
Romanian Budget Minister Sees 3.5% Economic Growth In 1Q
Romania’s economy has likely expanded 3.5% in the first quarter, fueled by industry and domestic consumption, minister delegate for Budget Liviu Voinea said Wednesday.
Recruitment Firms Say Labor Market Is Picking Up
The leaders of the largest recruitment and temporary personnel leasing firms in Romania are optimistic about the trend in the number of jobs, and the rebound reflects in revenue and double-d...
Three Major State Companies Face Big Management Problems
Only one month from his appointment as general manager of freight rail carrier CFR Marfa, Dan Valentin Belcea, the second private sector manager of the state-owned company announced his resi...
Nuclearelectrica Learns New Role On Romania's Energy Market
The green power, the lower consumption and more energy efficient technologies have changed the look of the energy market transactions. Distributors and traders are looking at high margins on...
Romanian Government Writes Off Debts Of 15 Arms Companies, Citing Geopolitical Context
The Romanian Government has decided to write off tax debts owed by 15 companies in the defense industry that manufacture or sell weapons, ammunition and military equipment, citing the curren...