Social/Politics
Romania Gets Over EUR201M To Complete Sighisoara-Coslariu Railway Section Upgrade
Over EUR201 million from the EU's cohesion fund will be invested in completing railway upgrade works between Sighisoara and Coslariu, central Romania, the European Commission said in a press...
Romanian Govt Expects RON6B in VAT Collections In 3 Years With Split VAT
Romania expects to get RON6 billion in VAT collections in the period 2018-2020, or RON2 billion a year, if it requires separate VAT payment accounts for companies as of January 1, 2018, fina...
Central Bank Says No Cause for Concern Over Bank Deposits
Romania's central bank said Tuesday there is no cause for concern regarding deposits in Romanian banks after the prime minister threatened to name banks that did not report profit and where...
EC: EUR66.5M Allotted For Water Supply And Sewerage Systems In Arad And Mehedinti Counties
Over EUR66 million will be allocated from the Cohesion Fund for the continuation of two projects aimed at modernizing water supply and sewerage systems in Romanian counties of Arad and Mehed...
Mandatory Private Pension Funds Had 6.9 Mln Participants, RON37B Assets End-July 2017
Mandatory private pension funds in Romania had a total 6.92 million participants at the end of July 2017, compared with 6.91 million in June, while total assets rose nearly 3% from the previ...
Romania Ranks Third In EU By GDP Share Allotted To Expenditure For Public Order And Safety
Romania ranks third in the European Union by the share of the gross domestic product (GDP) allocated to expenditure for ‘public order and safety’, but places next to last regarding the amoun...
Eurostat: Italy, Romania, Greece Had Highest NEET Rates in 2016
Italy, Romania and Greece had the highest rates of young people aged 20-24 neither in employment nor in education or training (NEET) in 2016, data from the EU statistics bureau Eurostat show...
Romania, China To Speed Up Talks on Energy Investments in Rovinari, Cernavoda
Romania and China will speed up negotiations to build a thermal power plant in Rovinari and discussed the construction of a third and fourth nuclear reactor at the power plant in Cernavoda.
Business Environment Opposes Govt Plans to Split VAT Payments
Business owners and associations in Romania, as well as fiscal consultants, oppose the government's plans to introduce separate VAT payment accounts for companies, which would raise companie...