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Romanian Public Sector Wages To Remain Unchanged Except For Novice Teachers
Social/Politics

Romanian Public Sector Wages To Remain Unchanged Except For Novice Teachers

Romania’s government will keep gross wages in the public sector unchanged in 2014 and only novice teachers will get a raise of up to 10%.

Oana Gavrila · 11.11.2013 · 10:56 · 1 min
Romania’s Population Decreased By 434 People In September
Social/Politics

Romania’s Population Decreased By 434 People In September

Romania’s population decreased by 434 people in September 2013, when over 18,200 children were born and over 18,600 people died, according to data released Monday by the national statistics...

Ecaterina Craciun · 11.11.2013 · 10:00 · 1 min
INS: Romania's Trade Deficit Narrows To EUR4.2B In First 9 Months
Macroeconomics

INS: Romania's Trade Deficit Narrows To EUR4.2B In First 9 Months

Romania’s trade deficit shrank 42.4% to EUR4.16 billion in the first nine months of 2013, as imports declined while exports increased, official data showed Monday.

Bogdan Neagu · 11.11.2013 · 10:00 · 1 min
Romania Inflation Stable In October Despite Rising Food, Service Prices
Macroeconomics

Romania Inflation Stable In October Despite Rising Food, Service Prices

Romania’s annual inflation rate held steady at 1.88% in October, despite rising prices for food and services, official data showed Monday.

Bogdan Neagu · 11.11.2013 · 10:00 · 1 min
AmCham: Romania’s New Fiscal Measures To Further Increase Tax Burden
Macroeconomics

AmCham: Romania’s New Fiscal Measures To Further Increase Tax Burden

The Romanian Government’s planned fiscal measures will increase the burden on taxpayers to a level that is unprecedented in the past 20 years and will negatively affect investments and the c...

Ecaterina Craciun · 08.11.2013 · 16:11 · 2 min
Construction Works Decline In September - Statistics
Macroeconomics

Construction Works Decline In September - Statistics

Romanian construction works fell 6.9% in September from a month earlier, due to declining activity in all sectors, the statistics institute INS said Friday.

Florentina Dragu · 08.11.2013 · 10:00 · 1 min
Romania January-September Power Output Falls 6.9% On Year
Macroeconomics

Romania January-September Power Output Falls 6.9% On Year

Romanian energy output fell 6.9% on the year to 15.89 million tons of oil equivalent in the first nine months, due to declining production in the thermal sector, official data showed Friday.

Florentina Dragu · 08.11.2013 · 10:00 · 1 min
INS: Adjusted Industrial Output Rises 2.4% In September
Macroeconomics

INS: Adjusted Industrial Output Rises 2.4% In September

Romanian adjusted industrial production rose 2.4% in September compared with a month earlier, on higher output in most sectors, the country’s statistics institute INS said Friday.

Florentina Dragu · 08.11.2013 · 10:00 · 1 min
Romania To Change VAT Collection System To Satisfy EU Requirements
Banks-Insurance

Romania To Change VAT Collection System To Satisfy EU Requirements

The application of a system whereby Romanian firms must pay value added tax upon cashing in invoices will become optional and the government will eliminate regulations obliging firms to pay...

Ioana Tudor · 07.11.2013 · 15:35 · 1 min