Social/Politics
Electricity Bills May Increase By Up To 1% In April - Sources
Electricity bills might increase by 0.5%-1% in April following Romania’s energy watchdog ANRE decision to hike the 2013 green certificates quota for suppliers, according to sources on the en...
Executives Expect Economic Activity To Pick Up In The Spring
Romanian executives estimate the activity in all economic sectors to increase in the February-April period compared with the previous three months, the statistics institute INS said in a sur...
Romania Housing Permits Down 7% On Year To 1,573 In January
Romania authorized construction of 1,573 residential buildings in January, down 7.1% from 1,694 permits issued in the same month of 2013, the country’s statistics institute INS said Friday.
INS: Romania Unemployment Rate Flat At 7.3% In January
Romania's unemployment rate was stable at 7.3% in January compared with the previous month, but up from 7.1% in the same period of 2013, seasonally adjusted data from the statistics institut...
Finance Ministry Mulls Capping Cash Payments For Real Estate Transactions To RON50,000
The Romanian Finance Ministry considers limiting cash payments for houses or cars transactions to RON10,000, like in the case of cash payments between individuals, or even to RON50,000 for r...
Romania Could Cut Inter-bank Card Fees In Two Steps
Romania is considering a two-step reduction of inter-bank fees for card payments, following a series of appeals to the Finance Ministry from businesses and card processors, who requested a n...
Ponta Says Tax System Will Remain Unchanged This Year
The Romanian government has no plans to introduce a solidarity tax or progressive income taxes this year following the liberals' withdrawal from the ruling coalition, Prime Minister Victor P...
GfK: Romanians More Pessimistic About Country’s Economy At The End Of 2013
Romanians were more pessimistic in the fourth quarter of 2013 regarding the country’s economy, according to a Consumer Climate Europe survey conducted by GfK in 14 European countries.
Industry: It’s Absurd To Pay International Prices In A Country That Has Its Own Resources
Romania’s largest industrial companies say there is no use for the country to have natural gas resources if they cannot be used for competitive production.