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Romanian Senate Adopts Split VAT Bill
Social/Politics

Romanian Senate Adopts Split VAT Bill

Romanian senators on Tuesday adopted a bill making separate payment accounts for value-added tax mandatory for companies with bad records in VAT payments and insolvent businesses.

Oana Gavrila · 31.10.2017 · 12:38 · 1 min
Parliament Committees Endorse Ex-PM Grindeanu As Head Of Telecom Regulator
Social/Politics

Parliament Committees Endorse Ex-PM Grindeanu As Head Of Telecom Regulator

The Romanian Parliament's special committees on Tuesday endorsed former prime minister Sorin Grindeanu to head the country's telecom regulator ANCOM, whose chief resigned Friday.

Miruna Gaman · 25.10.2017 · 08:28 · 1 min
Romania, Among EU Countries Where Industry Held Highest Share In Total GVA In 2016
Social/Politics

Romania, Among EU Countries Where Industry Held Highest Share In Total GVA In 2016

Romania and Germany (25.7%) are among EU Member States in which the industry held the highest share in the total gross value added (GVA), in 2016, alongside Ireland (36.6%), the Czech Republ...

Ecaterina Craciun · 23.10.2017 · 18:41 · 1 min
Bill On Social Security Tax Transfer Does Not Require Companies To Raise Gross Wages
Social/Politics

Bill On Social Security Tax Transfer Does Not Require Companies To Raise Gross Wages

The bill to modify the Fiscal Code to move the tax obligations from the employer to employee does not include any obligation for companies to raise the gross wages of the employees to keep t...

Loredana Frățilă-Cristescu · 23.10.2017 · 10:05 · 1 min
Romania PM Says Net Wages Won't Fall Due to Social Security Transfer
Social/Politics

Romania PM Says Net Wages Won't Fall Due to Social Security Transfer

Romanian Prime Minister Mihai Tudose said Friday net wages won't fall after social security contributions are transferred from employers to employees.

Oana Gavrila · 20.10.2017 · 18:08 · 1 min
4,000 Healthcare Workers Protest Romania’s Unitary Pay Law
Social/Politics

4,000 Healthcare Workers Protest Romania’s Unitary Pay Law

Some 4,000 healthcare workers rallied Thursday in Romanian capital Bucharest to express dissatisfaction with the unitary pay law, which they say leads to inequities and discrimination within...

Miruna Gaman · 19.10.2017 · 15:12 · 1 min
Romania Ruling Coalition Vies to Keep 2018 Deficit Below 3% Limit
Social/Politics

Romania Ruling Coalition Vies to Keep 2018 Deficit Below 3% Limit

Romania's ruling coalition plans to keep the country's budget deficit below the EU-imposed limit of 3% in 2018, a senior official said after coalition leaders met Wednesday to discuss the 20...

Oana Gavrila · 18.10.2017 · 16:36 · 1 min
Social/Politics

Romanian Aerostar, US Raytheon Sign Memo on Maintenence for Patriot Missiles

Romania's government, through aircraft construction and repair company Aerostar SA, and US Raytheon International Defence System on Wednesday signed a memorandum to collaborate in the mainte...

Oana Gavrila · 18.10.2017 · 15:29 · 1 min
Romania’s New Ministers To Be Sworn In Tuesday
Social/Politics

Romania’s New Ministers To Be Sworn In Tuesday

Romania’s new deputy prime minister, transport minister and minister in charge of EU funds will be sworn into office Tuesday evening after President Klaus Iohannis signed the decrees relievi...

Miruna Gaman · 17.10.2017 · 16:37 · 1 min