Social/Politics
Four State Institutions Unable To Agree On Number Of Employees In Romania
Romania has 4 to 6.4 million employees as shown by the consolidated statistics of the four institutions that can provide data about workforce: The National Statistics Institute, Labor Inspec...
Eurostat: Four in 10 Romanians at Risk of Poverty or Social Exclusion
Nearly four in ten Romanians (38.8%) were at risk of poverty or social exclusion in 2016, according to a Eurostat report released Monday.
Romania's Mandatory Private Pension System Had Average Annual Yields of 9.1% Since Inception
Romania's mandatory private pensions system known as Pillar II had annual average yields of 9.1% in the ten years since its inception and amassed assets totaling RON38 billion for its seven...
Eurostat: Romania Among EU Countries With Lowest Volumes Of Freshwater Resources Per Inhabitant
Romania is among EU member states registering the lowest volumes of freshwater resources per inhabitant, below 3,000 cubic meters, while Croatia and Finland register the highest volumes of f...
European Commission Proposes Reform of EU VAT System
The European Commission on Wednesday launched plans to reboot the European Union's 25-year-old value-added tax system, aiming to improve and modernize the system for governments and business...
PM: Fuel Prices Didn't Grow Due To Excise Duty Hike
Romanian Prime Minister Mihai Tudose said Wednesday fuel prices did not grow because the government raised excises, adding he will have talks with transporters who threaten to go on strike.
Romania Energy Watchdog Postpones Household Gas Price Hike
Romania's energy sector regulator ANRE has postponed a decision to raise the price of natural gas delivered to household consumers by 6% as of October 1 until the Parliament adopts amendment...
Isarescu: Interbank Rates Grew Suddenly on Better Than Expected Tax Collection
Improved tax collection contributed to the sudden rise in interbank interest rates, central bank governor Mugur Isarescu said Tuesday at a press briefing following the central bank's monetar...
EU Approves Financing for Bucharest Subway Line Extension
The European Commission on Tuesday approved the investment of EUR251.8 million from the EU's Cohesion Fund into extending Bucharest's fifth subway mainline that connects the western part of...