Social/Politics
Bucharest North Railway Station May Be Modernized In Partnership With Belgian Firm
The Bucharest North railway station might be modernized and turned into a transit point in a project worth over 1.5 billion lei (EUR0.33 billion), which should be carried out in partnership...
Finance Minister: New Royalty Rates On Mineral Resources Applied Only To Future Contracts
The new royalty rates levied on mineral resources other than natural gas and oil, which will be increased starting 2014, will apply only to future contracts, said Romanian Finance Minister D...
Fuel Prices To Rise RON0.3-0.4/L In 2014 Following Excises Increase
The prices of gasoline and diesel oil in Romania will increase by 0.3 lei (EUR0.06) to RON0.4 per liter in 2014, following an increase in fuel excises, Finance Minister Daniel Chitoiu said T...
EXCLUSIVE: Local Authorities May Raise Property Taxes For Individuals At Will
Romania and the International Monetary Fund agreed to give local authorities a free hand to increase taxes on property paid by individuals as much as they feel necessary.
EXCLUSIVE: Romania To Restructure CFR Marfa “Aggressively”
Romania’s government and the International Monetary Fund have decided state-run freight railway operator CFR Marfa will be reorganized “aggressively” by cutting staff costs, scrapping old ra...
EXCLUSIVE: Romania To Lease Or Close Some 1,600 Km Of Railway Lines In 2013, 2014
Romania’s government will decide by the end of the year whether it will lease or close 1,600 kilometers of railway lines in 2013 and 2014, aiming to save some 70 million lei (EUR15.7 million...
ANOFM: Romania October Unemployment Rate Rises To 5.4%
Romania's unemployment rate rose to 5.4% in October, from 4.73% a month earlier, the country’s employment agency ANOFM said Thursday.
EXCLUSIVE: Romania Won’t Cut Social Security Tax Rates Without Widening Taxable Income First
Romania’s government has pledged to lower social security contribution rates in the second half of 2014 without bearing down on the state budget, and widen taxable income, according to the c...
Romania’s Economic Growth Accelerates To 4.1% In 3Q
Romania’s economic growth accelerated to 4.1% in the July-September period, from an annual increase of 1.5% in the second quarter, a flash estimate of the country’s statistics institute show...