Social/Politics
Environment Minister, Bucharest Mayor Sign EUR258M Contract Funding Waste Water Treatment Station
Romanian Environment Minister Rovana Plumb and Bucharest mayor Sorin Oprescu signed Monday a EUR258 million contract financing the completion of a waste water treatment station in Glina, nea...
Government To Extend CFR Marfa Sale Completion Deadline Until December 20
The deadline for the completion of the sale of 51% in state-owned railway freight carrier CFR Marfa, initially due-mid October, will be pushed back to December 20, according to a draft gover...
Romanian Deputy PM Liviu Dragnea Indicted For Influence Peddling In 2012 Referendum
Romania deputy prime minister Liviu Dragnea has been indicted on charges of having used his position and influence to secure a voter presence of at least 60% in a 2012 referendum on the impe...
Average Net Salary Down Almost 2% In August
Romanian average net salary fell 1.9% to 1,604 lei (EUR362) in August, from RON1,635 a month earlier, the statistics institute INS said Monday.
Romania Economy Grew As Expected In 1H
Romania’s gross domestic product grew 1.8% in the first half of 2013 compared with the year-earlier period, in line with previous estimations, official data showed Monday.
INS: Romania January-August Power Output Down 7.2% On Year
Romanian energy output fell 7.2% on the year to 14.09 million tons of oil equivalent in the first eight months, hurt by falling production in the thermal sector, official data showed Monday.
Romania Might Either Lower Social Security Contributions Or Increase Nontaxable Wage Base In 2014
Romania’s Government wants to apply softer fiscal measures on the labor market next year and is considering either lowering social security contributions or eliminating the 16% income tax on...
New Insolvency Code Takes Effect On October 25; NGOs Denounce Article On TV, Radio Licenses
Romania’s new Insolvency Code was published in the Official Journal Friday and will take effect on October 25. It will also apply to insolvency requests currently under analysis.
IMF: Romanian Authorities Must Resist Pressure For Populist Measures
Pressure to adopt populist measures is on the rise in Romania after the country exited excessive deficit procedures in June and authorities must resist them to avoid reversing earlier diffic...