Social/Politics
Romanian Defense Ministry Buys 173 Military Vehicles From Italian Company Iveco
Romania’s Defense Ministry has signed a contract with Italian vehicle manufacturing company Iveco for the acquisition of 173 military vehicles, the company announced on Thursday.
Government Approves RON2B Budget For 2018 First Home Program
Romania's government on Wednesday approved the 2018 edition of the state-guaranteed First Home program for first time homebuyers with a total guarantee budget of RON2 billion.
Household Gas Prices Grow 5.6% As Of Jan 10 On Higher Acquisition Costs, Say Utility Companies
A growth in acquisition costs for natural gas has prompted an average price hike of 5.6% for household consumers, the federation of energy utility companies ACUE said in a press release Tues...
President Signs 2018 State Budget Bill into Law, Warns Over Vulnerabilities
Romanian President Klaus Iohannis on Wednesday signed into law the 2018 state budget bill but warned it is vulnerable and keeping the deficit below the EU limit of 3% of GDP will be difficul...
Romanian Parliament Adopts 2018 Budget
Romanian lawmakers on Friday adopted the country's 2018 state budget, built on an economic growth projection of 5.5%, an average annual inflation rate of 3.1%, and a deficit of 2.97% of GDP.
EIB Lends EUR21M To Municipality Of Oradea For Modernization Of Urban Infrastructure
The European Investment Bank (EIB) is lending EUR21 million to the Municipality of Oradea to finance improvements to its urban infrastructure. EIB funds will also support investments targeti...
All Secondary Schools Will Have Internet Access By End-2018, Says Minister
All secondary schools in Romania will have access to the internet by the end of 2018, communications minister Lucian Sova said Monday.
Employers’ Failure To Pay Taxes Withheld On Behalf Of Employees Carries Prison Sentence
The failure to pay to the government the taxes deducted at source becomes a crime punishable by one to six years in prison, according to an emergency ordinance draft published on the Finance...
Limiting Interest Rates on Loans Impossible in Market Economy - Central Bank Official
Limiting interest rates on household loans is not part of a market economy, said central bank board member Daniel Daianu in response to a bill that seeks to limit interests rates on loans to...