Social/Politics
Extreme Heat Expected In Romania Tuesday To Thursday
Romanian meteorologists have issued a yellow code warning expecting temperatures of up to 39 degrees Celsius in capital city Bucharest and 21 counties in western and southern Romania Monday...
Tax Authorities Might Introduce Extra Penalties For Undeclared Fiscal Debts
Taxpayers will pay penalties of 30% of the principal for undeclared fiscal debts, on top of the interest and overdue penalties provided by current law, according to an ordinance drafted by R...
Hidroelectrica's Oversized Staff - One Of The Causes Of Insolvency
Hidroelectrica's personnel structure is "oversized" and the salary fund is "clearly out of proportion" with the company's economic indicators, says a report on the causes of the insolvency o...
Cigarette Smuggling In Romania Down In July To Less Than 13% Of Market - Study
Cigarette smuggling in Romania decreased slightly in July, to 12.9% of the market, according to a study by Novel Research.
Finance Ministry Proposes Making VAT Due On Invoice Payment For Small Firms
Romanian companies with sales lower than 2.25 million lei (EUR500,840) will pay VAT when cashing their invoices starting next year, while larger businesses will be unable to deduct VAT from...
Romanians Have Longest Workweek In EU, But Fewer Days Off
Full-time employees in Romania worked the longest weekly hours in the EU in 2011 – 41.3 hours, the same as in 2010, but had the fewest days off on public holidays and ranked next-to-last by...
France May Remove Labor Market Restrictions For Bulgarians, Romanians
French government officials are to meet next week to decide whether to lift the barriers to the labor market for Bulgarians and Romanians in a move to provide legal status for some 15,000 et...
CSA: Euroins, Carpatica Asig And Astra Cumulate 60% of 2011 Complaints
Romania’s insurance regulator CSA received a total of 7,570 complaints in 2011 against services provided by insurers and brokers, down 0.15% on the year, most of them targeting the auto indu...
Heating Prices In Bucharest To Remain Unchanged After Gas Price Hike
Heating bills in Romania’s capital Bucharest will remain unchanged despite a planned 10% increase in natural gas prices as of September, an official with the Economy Ministry said Thursday.