Economics
December 05, 2015 07:20
The 2016 state budget is drafted with a deficit of 2.95 pct, an economic growth of 4.1 pct of the GDP and a nominal gross domestic product of 746.6 billion lei announced Finance Minister Anca Paliu Dragu. Dragu said the estimation took into ...more »
November 27, 2015 14:22
The president of the National Energy Regulatory Authority, Niculae Havrilet announced that the price of electricity should decrease by 5 to 6 percent starting on 1 January, after the reduction of distribution tariffs and cogeneration bonus while gas will also become cheaper with effect from 1 July 2016. "Electricity tariffs will decrease from 1 January as distribution tariffs will contribute to the decline in the final price” said the head of ANRE. As regards the gas sector, Havrileţ showed that rates will be changed from July 1, 2016....more »
November 24, 2015 14:39
Following a campaign to track down undeclared income of wealthy Romanians, the National Agency for Fiscal Administration (ANAF) found almost 87 million lei that will be subject to taxation. The 336 individuals checked, each with an estimated wealth of over 20 million euro per person were unable to prove the legit source and taxed money. ...more »
November 19, 2015 16:06
Romania's budget for next year drafted by the former Ponta government is built on a deficit of 2.95 percent of GDP and 2.8 percent in cash, based on an economic growth of 4.1percent , fueled by mainly by consumption and investments, while GDP was estimated at 746.6 billion lei. The annual average inflation is forecast at 0.5 percent and the average rate at 4.44 lei / euro....more »
November 17, 2015 14:56
Bucharest, November 12th 2015- The second edition of the Courier Award Gala brought together  companies which are known both nationally and internationally and had, as its principal purpose, the recognition of merits for all those who made an impact in the field. The winners of the evening were: Fan Courier, Sameday Courier, Speedy, Mastercard, Total Technologies, Posta Romana, Ford, DHL International , DPD Romania. ...more »
November 16, 2015 16:46
The designated Romanian Premier, Dacian Ciolos, has recently declared that he would support PSD's proposal to raise salaries for state workers by 10 percent, if such an action would not, in any way, cause the budgetary deficit to go over the thre...more »
November 12, 2015 11:55
A number of Romanian companies that have used EU funds will soon have to return most or all of the money they utilized. ...more »
November 10, 2015 13:09
According to EUROSTAT, Romania has seen the greatest growth in terms of retail trade in September of 2015 compared to the same period of 2014......more »
November 10, 2015 12:58
The political instability through which Romania is going after the resignation of the Ponta cabinet might affect it economically. The governor of Romania's National Bank Mugur Isarescu stressed that the current macroeconomic situation is stable but is being monitored, and, the country's general position is a good one. Even so, he insisted on the caution which......more »
November 06, 2015 14:35
During this particular period, when companies are in the middle of the budgeting process for the following year , the state aid event was a great opportunity to get an overview on this incentive and learn more about financing investments on non-reimbursable funds through the State Aid Schemes for 2014-2020 in Romania .
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