Social/Politics
Romania Inflation Falls To 4.41% In July On Low Food Prices
Romania’s July inflation rate eased for the first time in four months on the back of declining food prices, official data showed Monday.
Financial Disaster For Private Universities
From a revenue of EUR100 million and a surplus of EUR48 million in 2008, Spiru Haret University saw its revenue fall to EUR32 million and its profit to EUR0.4 million last year.
Agriculture Minister: Irrigation Water Prices Up To 30% Lower As Of August
Romanian Agriculture Minister Daniel Constantin said Friday that irrigation water prices will decrease by up to 30% after the National Land Reclamation Agency (ANIF) was authorized on August...
Romania Plans To Keep Reverse Taxation On Cereal Until At Least 2018
Reverse taxation on cereal trade will no longer be limited in time, as the Romanian government has repealed a legislative provision setting the system would expire on May 31, 2014.
Romania’s Wheat Harvest Hits 8-Year High Of 7.3M Tons
Romania this year reaped its biggest wheat and rye crop since 2005 and the second-largest one in over four decades, Agriculture Minister Daniel Constantin said Friday.
Romania’s Population Decreased By 4,875 People In June
Romania’s population decreased by 4,875 people in June 2013, when over 14,400 children were born and some 19,400 people died, according to data released Friday by the national statistics ins...
Government Wants To Cut Social Security Contributions, Raise Royalties, Property Taxes
Romania’s state budget for 2014 is built on 2.2% growth, Minister-delegate for Budget Liviu Voinea said, adding that the Government is seeking to lower social security contributions and incr...
Analysts Skeptical About Romania’s Third IMF Agreement
Analysts are skeptical there will be significant progress in terms of structural reforms. “Romania will continue to promise to do things the IMF way and do whatever it wants.”
CFR: Poor Rail Infrastructure Results In Train Slowdowns
Passenger and freight trains in Romania currently travel at an average speed of 43 km/h and 21 km/h, respectively, which is lower by nearly 20km/h than the speeds they would reach in the pas...