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Soft Drinks Producers Say Overtaxing Sugary Drinks Will Lead to Layoffs
Retail&Consumer

Soft Drinks Producers Say Overtaxing Sugary Drinks Will Lead to Layoffs

Romania's government won't collect as much as it expects from its proposed tax on sugary drinks, the national association of soft drinks producers said Tuesday, adding the tax may lead to la...

Oana Gavrila · 06.08.2019 · 16:02 · 1 min
Romanian Government Plans to Tax Tips in Hospitality Industry
Retail&Consumer

Romanian Government Plans to Tax Tips in Hospitality Industry

Romania's finance ministry and employers in the hospitality industry have agreed to draft a bill to levy a 10% income tax on tips in the hospitality industry.

Oana Gavrila · 06.08.2019 · 14:51 · 1 min
Eurostat: Six In Ten Romanians Cannot Afford A One-Week Annual Holiday
Social/Politics

Eurostat: Six In Ten Romanians Cannot Afford A One-Week Annual Holiday

Six in ten Romanians cannot afford a one-week annual holiday away from home, double compared with the EU average, Eurostat, the statistical office of the European Union, said on Thursday.

Ecaterina Craciun · 01.08.2019 · 15:04 · 1 min
Government Plans Income Tax of Up To 50% on Special Pensions
Social/Politics

Government Plans Income Tax of Up To 50% on Special Pensions

The Romanian government is working on a draft to apply an income tax rate of 10% to 50% on special pensions, official sources told Mediafax.

Oana Gavrila · 01.08.2019 · 11:32 · 1 min
Negotiations for Nuclear Units 3, 4 in Cernavoda To Be Completed This Year
Energy

Negotiations for Nuclear Units 3, 4 in Cernavoda To Be Completed This Year

Negotiations for the construction of a third and fourth nuclear reactor at Romania's power plant in Cernavoda will be completed this year, energy minister Anton Anton said Monday.

Oana Gavrila · 29.07.2019 · 13:18 · 1 min
Survey: A Quarter Of Youths Aged 18 To 25 Consider Taking Out Mortgage Loans In The Coming Year
Analysis

Survey: A Quarter Of Youths Aged 18 To 25 Consider Taking Out Mortgage Loans In The Coming Year

A quarter of youths aged 18 to 25 say they are considering taking out mortgage loans in the coming year, with 13% of youths having already contracted this type of loan, according to an Ipsos...

Ecaterina Craciun · 26.07.2019 · 12:25 · 1 min
Social/Politics

Romanian Government Set To Revise Budget in August

Romania's government will likely approve this year's fist state budget revision in August, pending approvals from the country's defense body and other institutions, finance minister Eugen Te...

Oana Gavrila · 25.07.2019 · 15:55 · 1 min
Romanian Diplomat Cornel Feruta Appointed Acting Director General of IAEA
Energy

Romanian Diplomat Cornel Feruta Appointed Acting Director General of IAEA

Romanian diplomat Cornel Feruta has been appointed acting director general of the International Atomic Energy Agency (IAEA), following the death of Yukiya Amano, the agency said in a press r...

Oana Gavrila · 25.07.2019 · 15:14 · 1 min
Romanian Women Postpone Having Children Until After 35
Social/Politics

Romanian Women Postpone Having Children Until After 35

The number of children born from mothers older than 35 rose 47% in 2017 compared with 2008, when there only 20,937 such children.

Loredana Frățilă-Cristescu · 04.07.2019 · 00:00 · 1 min