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PWC Partner: Nearly 70% Of Farms In Romania Register Income Below EUR2,000/Year
Social/Politics

PWC Partner: Nearly 70% Of Farms In Romania Register Income Below EUR2,000/Year

Romania places sixth in the European Union by used agricultural area, of 13.9 million hectares, and generates the biggest value added to GDP in the EU, but, in terms of yield, the country is...

Ecaterina Craciun · 07.03.2017 · 16:42 · 1 min
Social/Politics

EC: 20% Richest Romanians Have An Income 8-Fold Higher Than Income Of Poorest 20%

The richest 20% of the Romanian population have an income more than eight times higher than the income of the poorest 20%, a ratio significantly higher than the EU average, according to the...

Gabriela Stan · 23.02.2017 · 13:08 · 1 min
EC: Corruption Affects Business Environment, Decree 13 Generated Risks For Anti-Corruption Efforts
Social/Politics

EC: Corruption Affects Business Environment, Decree 13 Generated Risks For Anti-Corruption Efforts

Corruption remains an obstacle for doing business in Romania, being acknowledged as a major issue, as shown in perception surveys and most recently in a Eurobarometer on the Cooperation and...

Gabriela Stan · 22.02.2017 · 18:43 · 1 min
Social/Politics

Study: Romania’s Biggest Problems: Poverty And Lack Of Jobs

Poverty, the conditions offered by the healthcare system and the lack of jobs represent social problems that must be prioritized on the list of sectors in need of various solutions, accordin...

Ecaterina Craciun · 19.02.2017 · 14:45 · 1 min
EC Refers Romania To Court Of Justice Over Illegal Landfills
Social/Politics

EC Refers Romania To Court Of Justice Over Illegal Landfills

The European Commission is taking Romania to the Court of Justice of the EU for its failure to close and rehabilitate 68 illegal landfills, which represent a serious risk for human health an...

Gabriela Stan · 15.02.2017 · 14:50 · 1 min
President Considers Sending 2017 Budget Bill Back to Parliament
Social/Politics

President Considers Sending 2017 Budget Bill Back to Parliament

Romanian President Klaus Iohannis said Tuesday, after talks with the prime minister and finance minister, he is concerned about the state budget and is considering sending the bill back to P...

Oana Gavrila · 14.02.2017 · 12:17 · 1 min
Macroeconomics

Eurostat: Romania Minimum Wage, Second Lowest In EU

Romania continues to have the second lowest monthly minimum wage in the European Union, of EUR322 following the minimum wage hike in February, after Bulgaria (EUR235), Eurostat data show.

Gabriela Stan · 13.02.2017 · 17:50 · 1 min
Romania Grants Second Tranche Of Loan To Moldova
Social/Politics

Romania Grants Second Tranche Of Loan To Moldova

Romania will grant EUR50 million to the Republic of Moldova, representing the second tranche of the loan, after it granted the first tranche worth EUR60 million on August 24, 2016.

Gabriela Stan · 09.02.2017 · 16:43 · 1 min
Romanian Cabinet Survives No-Confidence Motion Amid Ample Protests
Social/Politics

Romanian Cabinet Survives No-Confidence Motion Amid Ample Protests

Romania's social democrat government led by prime minister Sorin Grindeanu survived a no-confidence vote in Parliament Wednesday, amid ample street protests that have been going on for more...

Oana Gavrila · 08.02.2017 · 15:45 · 1 min