Social/Politics
Transporters Protest Fuel Excise Hikes, Say Will Raise Tariffs
Transporters said Tuesday they will raise tariffs for cargo and passenger transport, will no longer fill their tanks in Romania and may resort to street protests after the government announc...
Romanian Government Seeks To Eliminate Tax on Dividends
Romania's government seeks to amend the Tax Code to eliminate a tax on dividends as of January 1, 2018.
Government Caps Child Rearing Benefits at RON8,500 Starting September
Romania's government on Friday adopted an emergency decree setting a cap of RON8,500 on child rearing benefits, to be applied as of September this year.
Government Adopts Emergency Decree Capping Special Pensions
Romania's government on Friday adopted an emergency decree amending the law on special pensions, which can no longer be higher than the average wages on which they are based.
Electricity Prices Rise, Energy Ministry Considers Cap
The Day Ahead Market on the energy exchange OPCOM registered Thursday a pricve of RON570/MWh for August 4, a peak that has not been reached since the crisis in January and energy minister To...
Foreign Direct Investments Exceeded Remittances of Romanian Expats
Central bank statistics show foreign direct investment in the fist five months of the year exceeded remittances from Romanian expats for the first time.
Eurostat: More Than Six In Ten Romanians Cannot Afford A One-Week Annual Vacation
Nearly 67% of Romanians cannot afford a one-week annual holiday away from home, being followed by Bulgarians (56.4%) and Greeks (53.6%). Swedes are at the opposite pole (8.3%), according to...
Transport Minister Says Sibiu-Pitesti Highway Costs More Due to Expropriations
Romanian transport minister Razvan Cuc explained Friday the total cost to build the 123 km highway linking Sibiu to Pitesti is EUR2.6 billion plus VAT, higher than in the transport master pl...
PwC: Wages In Romania May Fall 22% If Social Security Contributions Borne Exclusively By Employees
The measure announced on Thursday by Romania’s Finance Ministry, whereby social security contributions will be borne exclusively by employees could lead to situations in which employees’ cur...