Social/Politics
Romania's Prognosis Commission Lowers 2019 GDP Growth Projection to 4%
Romania has lowered its economic growth projection for this year to 4%, from a previous forecast of 5.5%, according to the autumn forecast of the National Strategy and Prognosis Commission.
Romanian Government to Raise Minimum Wage by up to 7.2% in 2020
Romania's government is considering raising the minimum wage by up to 7.2% in 2020, to RON2,230 from the current RON2,080, deputy prime minister Raluca Turcan said Tuesday.
Romania’s Incumbent President Klaus Iohannis Wins Reelection
Incumbent Romanian President Klaus Iohannis comfortably won the the country’s presidential elections run-off on Sunday, gaining almost two thirds of the vote against social-democrat leader V...
Romania's Liberal Government Seeks to Revise 2019 Budget by End-November
Romania's new liberal government is working on a budget revision draft to be adopted by the end of November, prime minister Ludovic Orban said late Thursday.
Romania's New Finance Minister Skeptical About 2019 Budget Deficit Target
Romania's new liberal finance minister Florin Citu said Tuesday he was not convinced the country's budget deficit can stay within the EU limit of 3% of gross domestic product this year since...
Romanian Parliament Endorses Orban Cabinet
Romania's new Cabinet, led by liberal Ludovic Orban, on Monday received the Parliament's endorsement with 240 votes in favour.
Romania Postpones 5G License Tender for 2020
Romania's telecom regulator ANCOM has postponed until next year a 5G license tender from which it expected to get at least EUR 580 million.
Romania Budget Gap Widens to 2.6% of GDP in Jan-Sept
Romania's general consolidated budget posted a deficit of RON26.97 billion in January-September, or 2.6% of the gross domestic product, finance ministry data showed Wednesday.
European Commission Approves Recapitalization of Romania's State-Owned CEC Bank
The European Commission on Tuesday approved Romania's plans to inject EUR200 million (RON940 million) of capital in fully state-owned CEC Bank, finding the procedure to be free of any state...