Social/Politics
New Bank Tax Prompts BCR to Revise All Investment Plans, CEO Says
Romanian lender Banca Comerciala Romana (BCR), majority owned by Austrian Erste Group, is reconsidering all its investment plans due to the new tax on bank assets, CEO Sergiu Manea said at a...
Romania Imports 1,400 MW After Shutting Down One Power Unit Amid Coal Miners' Strike
Romania is currently importing over 1,400 MW, the equivalent of its nuclear power plant output, due to the shutdown of one thermal power unit amid a coal miners' strike.
Pillar II Private Pension Funds Had Assets RON48.1B End-November
Net assets of mandatory private pension funds in Romania (Pillar II) stood at RON48.1 billion at the end of November 29018, up 23% on the year, according to financial watchdog data.
President Rejects Proposals For New Transports, Development Ministers
Romanian President Klaus Iohannis announced on Friday that he will reject proposals made by Prime Minister Viorica Dancila for new transports and regional development ministers, continuing t...
Prime Minister Appoints Mihaela Triculescu As Chief Of National Tax Agency ANAF
Romanian Prime Minister Viorica Dancila appointed on Thursday economist Mihaela Triculescu as the new chairman of national tax agency ANAF, after she also dismissed former chief Ionut Misa e...
Prime Minister To Dismiss National Tax Agency Chairman – Sources
Romanian Prime Minister Viorica Dancila agreed on Thursday with a proposal made by the country’s finance minister to dismiss the chairman of national tax agency ANAF, Ionut Misa, and will si...
Romanian Financial Watchdog Looks into Wednesday's Stock Market Transactions
Romania's financial supervision authority ASF said Friday it was looking into Wednesday's transactions on the Bucharest Stock Exchange, checking for any signs of insider trading and stock ma...
Dancila Government Survives No-Confidence Vote
Romania's Cabinet run by Prime Minister Viorica Dancila survived a no-confidence vote in Parliament on Friday, following a motion pushed by the opposition parties.
Foreign Investors Council: Hazardous Changes To Affect Economy Deeply
The Foreign Investors Council (FIC), which consists of 123 member companies whose total investments in Romania amount to nearly EUR35 billion, warned Thursday the government's tax plans will...