Social/Politics
Bucharest Subway Transport Fares To Increase 25%-33%
Subway pass prices will increase 25%-33%, according to a bill published by the Transport Ministry.
INS: Romania Unemployment Rate Flat At 7.5% In September
Romania's unemployment rate was stable at 7.5% in September compared with the previous month, but up from 6.9% in September 2012, seasonally adjusted data from the statistics institute INS s...
LED-Powered Street Lighting Technology Can Save Romania’s Local Budgets EUR1B In Ten Years
Replacing the conventional lighting system with lighting devices that use LED (light-emitting diode) technology, could bring savings of around EUR1 billion for Romania’s local budgets over t...
Romania Got Just 25-30% Of Estimated Revenue From Additional Tax On Gas Producers
Romania has collected only 25-30% of what it estimated at the beginning of the year it would get from companies gaining additional revenue from the liberalization of gas prices, Finance Mini...
Romanian Government Approves Second Budget Revision This Year
Romania’s Government on Wednesday approved the year’s second budget revision, following talks with the International Monetary Fund, Prime Minister Victor Ponta said.
Romania Extends Property Tax To Cover Parking Lots, Swimming Pools
Romania’s government has extended the property tax pool, as per agreement with the international Monetary Fund, to include previously exempted types of properties such as parking lots and sw...
Romania Made Nearly EUR100M From Selling Green Certificates In 2013
Romania made nearly EUR100 million from selling some 21.5 million green certificates since January, Environment Minister Rovana Plumb said Wednesday.
Over 700,000 Romanians Are At Least One Month Overdue On Bank Loans
Over 700,000 Romanians are currently more than one month overdue on their bank loan payments and 4.5 million people have taken out 7.5 million bank loans, Florin Danescu, executive president...
Romania May Widen Taxable Income; Set New Formula To Compute Excise Duties
Romania’s Government is considering widening taxable income to fill in the revenue-expenses gap in the budget for 2014 and wants to set a new formula to compute excise duties, Minister-deleg...