Social/Politics
Number of Temps In Romania Doubled To 52,000 Over Past Two Years - Survey
The number of temporary workers has doubled in Romania over the past two years to some 52,000 people, according to a survey conducted by the Romanian Association of Temporary Work Agencies,...
Romania’s Tax Changes Will Lower Consumption, Hurt Retailers’ Business And Investments
Romania’s new tax changes will lower people’s income, as they will ultimately pay for the tax hikes, affecting retailers’ business and investments, and the measures are set to backfire as st...
Voinea: 2014 Budget To Include 127 Investment Projects, Most Of Them In Infrastructure
Romanian Minister for Budget Liviu Voinea says 127 major investment projects worth a total of 148 billion lei (EUR33.2 million) will to be included in the state budget for 2014, which will b...
Romania’s EU Fund Absorption Rate Up 3.39 Points In October To 24.56%
Romania’s absorption rate on EU structural and cohesion funds reached 24.56% in October, up 3.39 percentage points from 21.17% in September, according to the Ministry of European Funds.
BNR: Romania's Current Account Deficit Shrinks To EUR595M In First Nine Months
Romania's current account balance posted a deficit of EUR595 million in the first nine months, sharply narrower from a gap of EUR4.8 billion in the year-ago period, central bank data showed...
Romania FDI Falls 10% On Year To EUR1.5B In January-September
Romanian foreign direct investment, or FDI, fell 9.9% on the year to around EUR1.5 billion in the January-September period, the central bank said Tuesday.
EXCLUSIVE: Romania’s Budget Revenue Seen At 32.9% Of GDP In 2014
Romania budget revenue will account for only 32.9% of the gross domestic product in 2014, similar to this year’s level, while budget expenditure is seen down to 35.1% of the GDP.
Ponta: Romania Considers Dual Listing For Hidroelectrica, Electrica After Success Of Romgaz IPO
Romani could list energy companies Hidroelectrica and Electrica both in Bucharest and London next year, following a similar public offering for Romgaz’s shares, Prime Minister Victor Ponta s...
EXCLUSIVE: Romania To Collect Extra RON5B In 2014 Following Tax System Changes
Tax revenues in Romania will increase by 5 billion lei (EUR1.12 billion) next year following tax system changes, which include widening taxable income and the health insurance contribution b...