Social/Politics
Banks To Distribute Farming Subsidies Considering Agriculture Lending
Banks will broker the distribution of farming subsidies considering their market share on the agriculture lending segment, Romanian Agriculture Ministry secretary of state Achim Irimescu tol...
Romania To Upgrade Railway Section For EUR290M
The railway section between Vintu de Jos and Simeria, central Romania, will be upgraded based on a contract worth 1.255 billion lei, VAT not included, (EUR290.6 million).
Finance Ministry Mulls Selling Bonds To Household Clients
The Finance Ministry is considering issuing government bonds dedicated to the population for the first time in almost ten years in order to expand the investor base and to encourage long-ter...
Government’s Failure To Get EU Funds Causes 14% Drop In Infrastructure Construction
Ponta Government claims it made investments in infrastructure using EU funds a priority but statistics show otherwise. Zero SOP-T infrastructure funds in the first quarter, 30% drop in payme...
Average Amount Accumulated In Five Years For Private Pension: EUR421
Over 5.8 million Romanians collected an average of 1,861 lei (EUR421) after five years of mandatory contributions to private pension funds, with the amount raised so far being enough to buy...
Survey: Romanians Less Worried About Income Decrease, But Highly Concerned About Price Hikes
Romanians were less worried about the decrease in their personal income and about job security in 2012, compared to the previous year, but are very concerned about price hikes, according to...
Romania May Lower Tax On Microcaps’ Revenues Starting July
Romania might lower a 3% tax on revenues registered by microcap companies to 1.5% starting July, Minister for Small and Medium-sized Enterprises Maria Grapini said Monday.
Orban: Romania May Not Use Its EU Funds For 2014-2020 Unless It Improves Public Administration
Romania may not be able to use the European Union funds it was allocated for the 2014-2020 period unless it draws up and implement by the end of 2016 a strategy meant to enhance its administ...
Romania Average Net Wage Rises 4.1% In March
Romanian average net salary rose 4.1% to 1,617 lei (EUR387) in March, from RON1,553 a month earlier, largely boosted by one-time bonuses, the statistics institute INS said Monday.