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Tourist Arrivals In Romania Up 5.8% On Year In November 2013
Macroeconomics

Tourist Arrivals In Romania Up 5.8% On Year In November 2013

Arrivals at Romanian tourism accommodation establishments rose 5.8% in November 2013 from the year-earlier month, while overnight staying increased 8.2% on the year, data from the statistics...

Bogdan Neagu · 06.01.2014 · 10:00 · 1 min
Romania's Economic Outlook In 2014
Macroeconomics

Romania's Economic Outlook In 2014

In 2014, Romania's gross domestic product, or GDP, is expected to go up by 2%, exports by 10%, energy consumption is seen going down by nearly 4%, the traded volume on the Bucharest Stock Ex...

Loredana Frățilă-Cristescu · 06.01.2014 · 00:00 · 8 min
2013 In Review: Ten Most Important Events In Healthcare
Health

2013 In Review: Ten Most Important Events In Healthcare

In 2013 all eyes were on the Health Ministry as far as the healthcare system is concerned, while the private sector came with several surprise transactions.

Daniela Stoican · 05.01.2014 · 07:19 · 5 min
Romania Forex Reserves Up By EUR1.3B To EUR32.5B In 2013
Banks-Insurance

Romania Forex Reserves Up By EUR1.3B To EUR32.5B In 2013

Romanian foreign exchange reserves rose by 1.32 billion euro to EUR32.5 billion in 2013, after a slight increase in December, central bank data showed Friday.

Bogdan Neagu · 03.01.2014 · 14:36 · 1 min
Business Outlook: Executives See Decline In Constructions, Manufacturing Industry In Dec’13- Feb ‘14
Macroeconomics

Business Outlook: Executives See Decline In Constructions, Manufacturing Industry In Dec’13- Feb ‘14

Romanian executives estimate the activity in the construction sector and the manufacturing industry will decline between December 2013 and February 2014 compared with the previous three mont...

Bogdan Neagu · 30.12.2013 · 12:19 · 1 min
Romania Road Company Selects Builders Of Sebes-Turda Highway
Automotive

Romania Road Company Selects Builders Of Sebes-Turda Highway

Romania’s national roads authority CNADNR selected Romanian, Italian and Austrian construction companies to build a 70-kilometer highway which will link Sebes to Turda.

Ecaterina Craciun · 24.12.2013 · 14:07 · 1 min
Government To Consider Cutting VAT On Other Foods After July 1, 2014
Retail&Consumer

Government To Consider Cutting VAT On Other Foods After July 1, 2014

The government will look into lowering the sales tax on food products other than bread only after July 2014, Romanian Prime Minister Victor Ponta said Monday.

Oana Gavrila · 23.12.2013 · 17:30 · 1 min
Romania To Regulate Potential Budget Gap Due To Tax Delay In July - PM
Banks-Insurance

Romania To Regulate Potential Budget Gap Due To Tax Delay In July - PM

The Romanian government will assess the impact of delaying a higher excise on fuel after the first quarter but a potential gap in budget revenues would only be corrected in the second half o...

Oana Gavrila · 23.12.2013 · 16:31 · 1 min
Romania Invested EUR5.87B Through Rural Development Program In 2007-2013
Social/Politics

Romania Invested EUR5.87B Through Rural Development Program In 2007-2013

Romania invested EUR5.78 billion through the National Rural Development Program in the 2007-2013 period, according to Agriculture Ministry data.

Oana Gavrila · 23.12.2013 · 13:51 · 1 min