Social/Politics
President Iohannis Signs Decrees Appointing Fifor And Simon As Defence And Economy Ministers
Romania’s President Klaus Ioannis on Tuesday signed the decrees appointing Mihai Fifor and Gheorghe Simon as Defence and Economy ministers, respectively.
Romania To Raise Funds for Most Ministries At Budget Revision
Romania's government will have a positive budget reversion, with additional funds for most ministries, due to better than expected economic growth, finance minister Ionuț Misa said Friday.
Timisoara City Hall Orders Feasibility Study for EUR15M Aqua-Park
The western Romanian city of Timisoara wants to build an aqua-park for EUR10-15 million and will order a feasibility study soon, mayor Nicolae Robu told a press conference Friday.
EP Study: 40% Of Romania’s Farmland Held By Foreign Investors
Nearly 40% of farmland in Romania belongs to foreign investors, according to a study carried out by the European Parliament in 2015. Most foreign investors are in Timis County, where a third...
PM Says Pension Pillar II Might Become Optional
Romanian Prime Minister Mihai Tudose announced Thursday on Digi 24 that pension pillar II won't be nationalized but might become optional as of 2018.
Romanian Government To Revise Budget by End-September
Romania's government will revise the state budget by the end of September, the finance ministry said in a statement Wednesday.
SME Council: Planned Fuel Excise Hikes Might Affect SMEs Competitiveness
Romania’s National Council of Romanian Small and Medium-sized Enterprises, or CNIPMMR, on Monday said the planned increase in excise duties on gasoline and diesel gas will have a direct impa...
Romanian PM Denies Plans to Tax Bank Assets
Romanian Prime Minister Mihai Tudose denied plans to introduce a tax on bank assets, after an opposition senator said the government was planning to introduce a 0.5% tax on the assets of ban...
Foreign Investors Council Criticizes Split VAT
The Foreign Investors Council (FIC) criticized the government's plan to impose separate payment accounts for value-added tax as of January 1, 2018 saying it will have a serious impact on the...