Social/Politics
Grindeanu Government Takes Business Sector By Surprise By Dropping Social Security Tax Cap
The income of the upper management in companies and banks is under attack by the new PSD (Social Democrat Party) government, which dropped the social security tax (CAS) cap of five gross ave...
Romania To Raise Public Sector Wages By 20%, Artists' Wages By 50% As Of February 1, 2017
The salaries of employees in the Romanian public sector will be raised by 20%, starting February 1, 2017, according to a draft ordinance.
Romania To Raise Pension Point And Minimum Social Pension
The pension point will be raised by 9% to reach RON1,000, while the minimum social pension will be increased to RON520, according to a draft ordinance posted on Finance Ministry website.
Romanian President Signs Off On Bill Removing 102 Non-Fiscal Taxes
Romanian President Klaus Iohannis on Friday signed into law the bill stipulating the elimination of 102 non-fiscal taxes, the presidential administration said in a statement.
Romanian Parliament Endorses Grindeanu Cabinet
Romania's new Cabinet, led by Sorin Grindeanu, on Wednesday received the Parliament's endorsement with 296 votes in favor and 133 votes against.
President Designates Grindeanu for Prime Minister
Romanian President Klaus Iohannis on Friday morning signed a decree designating social democrat Sorin Grindeanu to form Romania's new Cabinet.
Romania Jobless Rate Seen Lowering Over Next Three Years
Romania's unemployment rate is expected to drop to 4.6% at the end of 2017 from an estimated 4.8% this year, to reach 4.4% in 2018 and 4.3% in 2019, the National Forecast Commission said in...
Social Democrats Nominate Sorin Grindeanu For Prime Minister
Former telecommunication minister Sorin Grindeanu has been nominated for prime minister by the Social Democratic Party and its ally ALDE, after the head of state refused to appoint their fir...
President Declines Appointment of Social Democrats' Prime Minister Nominee
Romanian President Klaus Iohannis announced Tuesday he declines to appoint Sevil Shhaideh as prime minister, as proposed by the Social Democratic Party, which gained a comfortable majority i...