Social/Politics
WB Report: Romania Ranks 67th Among 157 Countries By Human Development Potential
Romania places 67th among 157 countries regarding the human development potential, in a ranking compiled by the World Bank.
ASF: Number Of Insurance Contracts Against Natural Disasters Inched Up 1% In 1H/2018
The number of contracts of insurance against natural disasters inched up 1% in the first half of 2018, to nearly RON1.7 million, and underwritten gross premiums rose by nearly 3% to RON71.5...
BT Analyst: Household Saving Rate Seen Rising In Coming Quarters
The household saving rate is expected to increase in coming quarters, amid a maturing post-crisis economic cycle and the intensification of risk perception, with impact on consumer bahavior,...
Finance Minister: VAT Collection To Be “Aggressively” Pursued Until The End Of 2018
Romanian Finance Minister Eugen Teodorovici said Friday that Romanian tax agency ANAF must “aggressively” pursue VAT collection to narrow the gap between collected and expected amounts, even...
Romanian PM Announces 5% VAT For Accommodation, Restaurants And Theme Parks
Romanian Prime Minister Viorica Dancila announced on Thursday that the Government will set a 5% value added tax rate for accommodation, restaurant services and theme parks, ensuring that the...
Foreign Investors Call for Fewer Emergency Decrees, Consultations on Legislation
The Romanian Government should not use the emergency ordinances procedure for amending fundamental legislation, especially without a real and structured consultation with the business enviro...
FP: Sovereign Fund Bill Leaves State Companies at the Discretion of Political Interference and Abuse
Investment fund Fondul Proprietatea (FP) said in a statement Wednesday it was highly concerned by the bill setting up the general framework applicable to the Sovereign Fund for Development a...
Offshore Bill Modified By MP Committee, Sets Higher Tax Rates For Additional Income
Romanian Lower Chamber MPs modified on Tuesday several provisions of the pending bill which regulates Black Sea offshore exploitations, changing the manner in which investors’ additional inc...
Tierra Scavi, SA&PE Construct To Build Two Sections of Craiova-Pitesti Expressway
Tierra Scavi and the consortium SA&PE Construct are the two builders for the first two sections of an expressway linking Craiova to Pitesti in southern Romania, the country's roads authority...