Social/Politics
Romania Housing Permits Up 47% On Month To 3,207 In March
Romanian housing permits rose 46.6% to 3,207 units in March from 2,187 units a month earlier, the country’s statistics institute INS said Monday.
Moody’s: Accelerated GDP Growth And State-Owned Sector Efficiency Could Drive Rating Up
Romania could see a rating upgrade from Moody’s if a pronounced acceleration in gross domestic product growth occurs without a widening of macroeconomic imbalances, along with a greater effi...
Turmoil In The Region Could Boost Romania’s Military Spending
The implications of the turmoil 450 kilometers away from Romania’s borders are showing in the economy for the first time.
Romanian SMEs Have EUR3B Available In EU Funds In 2014-2020
The number of small and medium-sized businesses in Romania is three times lower than the EU average and EUR3 billion has been allotted to support SMEs in 2014-2020, Romania's EU Fund Ministe...
ACC Producers Say Legislation Is Becoming Restrictive For Construction Sector
Producers of autoclaved cellular concrete (ACC) say 2013 did not bring a recovery in the construction sector and some of the measures authorities adopted, such as a higher fuel excise and a...
Romania To Raise Mining Taxes By Up To 6.7%
Romania's Government will raise mining taxes by up to 6.7%, less than a year since the last tax hike, and estimates to rake in an extra RON630,000.
Romania Private Lending Stays On Downward Trend In March
The lending activity in Romania is still on a downward trend, with demand for loans showing no sign for recovery, despite many signs of improving economic environment.
Isarescu: Romania Faces Manageable Economic Risks Over Russia-Ukraine Tensions
Romania faces “manageable economic risks” in the context of Russia-Ukraine tensions, due to the reduced exports to Russia and Ukraine, low dependence on Russian gas and no direct links betwe...
Excise Duty Hike May Lower Fuel Consumption, Favor Public Investments - Finance Ministry
Romanian Finance Ministry took into account a decrease in fuel consumption following the fuel excise duty hike but considers that the transfer of revenue from the private sector to the state...