1 oct 2018

Salary spending in the public sector rose 25% in January-August over the year-ago period, as shown by the general consolidated budget figures. The private sector is unable to keep up with the raises more

17 sep 2018

ROCA, the first platform investing in the management of Romanian companies in distress, has attracted five new investors and tripled initial capital to EUR13.5 million. more

11 sep 2018

Economists are beginning to review their economic growth forecasts downwards, after the National Statistics Institute published detail GDP growth data last week. more

13 apr 2018

The annual inflation rate reached 5% in March, the highest rate in the past six years. It went up by 0.3% compared with February, according to the National Statistics Institute data. more

6 feb 2018

Romania's National Prognosis Commission revised the country’s economic growth forecast for 2018 up to 6.1%, from a previous estimate of 5.5% in its fall forecast. more

23 ian 2018

European Funds Ministry has finally published statistics about the absorption of EU funds in 2014-2020 showing that four years after the start the multi-annual planning period, Romania got more

11 dec 2017

The failure to pay to the government the taxes deducted at source becomes a crime punishable by one to six years in prison, according to an emergency ordinance draft published on the Finance Ministry more

7 nov 2017

The Monday meeting during which the government was supposed to discuss its proposed tax changes was postponed until Wednesday after it had already been put off Friday until Monday. more

23 oct 2017

The bill to modify the Fiscal Code to move the tax obligations from the employer to employee does not include any obligation for companies to raise the gross wages of the employees to keep their net more

19 sep 2017

In 2018, when Romania celebrates 100 years since its Great Union, its gross domestic product could reach EUR200 billion, beating Greece’s or Czech Republic’s. more

28 aug 2017

VAT collection has inexplicably worsened in July. While it dropped 4% year-on-year in the first half, in July it went down 8% compared with July 2016. more

7 sep 2016

The IT&C sector had the highest growth in volume of all the sectors that contributed to Romania’s gross domestic product formation in the first half. more

18 iul 2016

Romania’s direct public internal and external debt reached 278 billion lei (EUR61.7 billion) at the end of May 2016, having gone up by RON20 billion on the end of May 2015, according to Finance more

10 mar 2016

more

21 ian 2016

Romania’s general consolidated budget switched from a surplus of 5.3 billion lei (EUR1.2 billion) or 0.76% of the gross domestic product in November 2015 to a deficit of about RON9 billion to RON10 more

9 sep 2015

The extended drought that announces a very bad agricultural year is making macroeconomists revise their 2015 growth forecasts downwards. more

28 aug 2015

The Ponta Government announced a record budget surplus of 1% of the gross domestic product, 7 billion lei (EUR1.6 billion) in January-July, some of which it will use for wage raises, while capital more

9 iul 2015

Romania’s European Union fund absorption rate sets at only 51% in June, six months before the end of the reference period 2007 – 2013. This is the lowest absorption rate among European Union more

1 iul 2015

The Romanian Government increased the threshold for net lending to cover the payment requests within the European Union financed projects by 1 billion lei, to a total RON5 billion. more

30 iun 2015

The value added tax revenue in the first five months of the year was 17% higher than in the year-earlier period, and the 3.5 billion lei (EUR779 million) surplus is enough to offset the decline in more

30 ian 2015

Romania’s tax authority ANAF collected only 50.8 billion lei (EUR11.4 billion) in VAT last year even though it had expected RON54.6 billion. VAT revenue therefore dropped in 2014 for the first time more

3 nov 2014

Victor Ponta and Klaus Iohannis will run in the second round of presidential elections in Romania after a first round where none of the other candidates became a serious option that should tip the more

31 oct 2014

In a country that is hoping to match its 2008 gross domestic product as late as this year, the Romanian citizens who are allowed to vote are called to elect their President on Sunday. more

14 iul 2014

France is the fourth largest investor in Romania, with EUR5.2 billion worth of investments. It is also Romania’s fourth largest trade partner, with commercial exchanges going constantly up and more

21 mai 2014

The two million Romanians working in the EU, most of them in difficult conditions, were ignored by the very peoople who could have fought for them in the European Parliament. more