Social/Politics
Romanian Senate Passes Offshore Gas Bill, Rejects President Re-Examination Request
Romania’s Senate passed again on Monday a bill regulating offshore gas exploitations in the Black Sea, in the form amended earlier in the day by an energy and economic committee, following a...
EC: Romania Had Biggest VAT Gap in EU in 2016, of 35.88%
Romania posted the highest VAT gap in the European Union in 2016, of 35.88%, according to a study released Friday by the European Commission.
EBRD Ready to Support Infrastructure Development in Romania
The European Bank for Reconstruction and Development (EBRD) stands ready to scale up its investment in Romania, the bank’s president, Suma Chakrabarti, said during a two-day visit to Buchare...
EBRD Lends EUR25M to Modernize Water and Wastewater Services in Romania
The European Bank for Reconstruction and Development (EBRD) has granted a EUR25 million loan to Romania’s regional operator of water and wastewater utility RAJA SA, which will be supported b...
WB: 55% Of Romania’s Housing Units Built Before 1970, 35% Need Urgent Repairs
55% of Romania’s housing units were built before 1970 and 35% of the country’s 8.5 million housing units need urgent repairs, as per a survey presented Wednesday by Ashna Mathema, Senior Urb...
Eurostat: Romania, Among EU States Allotting Lowest Amounts Of Funds For Culture
Romania is among the EU states whose government allot a lesser amount of their GDP for recreational, cultural and religious activities, according to European Commission’s statistics agency E...
ASF: Average Contribution To Pillar II At RON157.46 In June 2018
On the mandatory private pension segment Pillar II, the average contribution of participants with contributions transferred in June 2018 stood at RON157.46, a slight decrease, of 0.71%, comp...
PAID Approved Flood Damage Claims of RON3M in Jan-Aug
The Romanian Pool of Insurance against Natural Disasters (PAID) approved 720 flood damage claim files in the first eight months of 2018, totaling RON3.06 million, PAID CEO Nicoleta Radu said...
IMF to Lower Romania's GDP Growth Forecast to 4.5% from 5.1%
The International Monetary Fund (IMF) is set to revise Romania's economic growth forecast for 2018 to around 4.5% in October from the current projection of 5.1%, IMF representative in Romani...