Social/Politics
Romania To Charge Health Care Contributions On Revenues From Rents
People gaining income from rents will have to pay health care contributions of 5.5%, according to a government emergency decree approved Wednesday, people close to the matter told MEDIAFAX.
Romania Pledges Action To Rein In Deficit, Increase Revenue
The Romanian government has pledged to take additional measures to keep the country’s budget deficit below 2.3% of the gross domestic product this year following lower-than-estimated revenue...
Mindrutescu Resigns As Chairman Of CFR’s Managing Board
Sorin Mindrutescu has resigned from the position of president of the managing board of Romanian state-owned railway operator CFR SA for personal reasons.
IMF To Discuss Extending New Loan To Romania September 27
The executive board of the International Monetary Fund will discuss Romania’s request for a EUR2 billion two-year loan facility on September 27, according to the Board’s calendar.
PwC: No Need For Modified Royalty Rates On Hydrocarbon Production In Romania
The taxation system for hydrocarbon production in Romania is adequate and requires no amendments, consultancy and tax audit firm PricewaterhouseCoopers (PwC) Romania said Tuesday.
Trade Registry: 658 Romanian Firms Went Insolvent In August, Lowest Level In 2013
About 658 Romanian firms defaulted on their debts in August, the lowest level registered in 2013, and the number of insolvencies reached some 10,313 in the first eight months, down about 7%...
President Calls On Cabinet To Pull Gold Mining Project Bill From Parliament
Romanian President Traian Basescu said Monday the Constitution does not allow the Parliament to adopt laws accommodating one certain company and urged the Cabinet to pull the bill on Rosia M...
Romania Pledges To Sell Most Companies Held By Economy Ministry
The Romanian Government has pledged to sell most state companies under the Economy Ministry in its letter of intent to the International Monetary Fund.
BNR Will Cut Key Rate Only If Inflation Enters Target Band
Romania’s central bank pledged it would not further reduce the monetary policy rate if inflation stays above the targeted level, according to the final version of the country’s letter of int...