Social/Politics
Government Removes Over EUR600M From Economy Through New Taxes On Fuel And On Companies’ Assets
Analysts say the new taxes to be levied as of 2014 will indirectly also affect the population, leaving less money in Romanians’ pockets for consumption.
EU Court Of Auditors: Romanian Rural Development System Not Effective
Romania’s rural development system is inefficient and public procurement procedures are marred by irregularities, according to a report by the European Court of Auditors (ECA), presented Tue...
IMF: Romania Must Rethink Options Regarding CFR Marfa If Restructuring, Privatization Fail
The International Monetary Fund would appreciate it if Romania completed the privatization of state-run freight railway carrier CFR Marfa before deadline, set for mid-2015, an IMF official s...
IMF Official: Lowering Social Security Contributions Not Included In Draft Budget For 2014
Lowering social security contributions in Romania has not been considered in draft budget for 2014 as wages, pensions and public investments represent a priority and any fiscal relaxation on...
INS: Average Net Wage Inches Higher In September
Romanian average net salary edged up 0.3% to 1,609 lei (EUR362.7) in September, from RON1,604 a month earlier, the statistics institute INS said Tuesday.
Former IMF Head Of Post-Communist Era Is The Special Guest At The ZF 15-Year Gala
Respected French economist Michel Camdessus, who ran the International Monetary Fund for 13 years, will this month be the special guest at ZF’s Gala that will mark the newspaper’s 15-year an...
Ponta Says All Pensions Will Be Raised By 3.76% In 2014
Romanian Prime Minister Victor Ponta Monday said all pensions will be increased by 3.76% in 2014.
Romania To Raise Minimum Gross Wage To RON900 In Two Stages In 2014
Romania will increase the minimum gross wage in two stages in 2014, namely, from the current 800 lei (EUR180) to RON850 starting January 1, 2014, and to RON900 starting July 1, 2014.
Romania, IMF Agree On Raising Wages For Resident Doctors, Novice Teachers In 2014
Romania’s government and the International Monetary Fund agreed on increasing the wage fund for resident physicians and teachers at the beginning of their career by 3% to 4% in 2014, people...