Mains

Alan Duncan / We cannot allow our societies to continue to be attacked and undermined

Global security is under threat. The system of international rules that has kept our citizens safe and our societies prosperous since the end of the Second… Mai mult

Q2 / Average monthly income per capita in Romania has risen to nearly RON 1,600: Changes in redistribution of family budget

Data published by INS for the second quarter of 2018 show that Romanians’ monthly incomes have reached nearly RON 1,600 per person. They were RON… Mai mult

Strategic chemical industry: Romania, on top in import increase and ranking last in EU in terms of increase in exports outside single market

Data published by Eurostat show that Romania recorded the second highest annual growth rate in imports of non-EU chemicals from 2007 to 2017 (13.1% per… Mai mult

Economic growth in the pocket: Current accounts vs. saving accounts – 64% to 4.5%

  Rising incomes have fuelled consumption and, implicitly, the economic growth in recent years, but not the savings. Although a large proportion of the population… Mai mult

Domestic software and IT services market declines, growth will only be based on external market

Total turnover in the IT sector increased by 11 percentage points in 2017 compared to 2016 and exceeded the four billion euro threshold forecasted, according… Mai mult

“Industrial inflation” above “popular inflation” – Energy, already 14% more expensive: Lights, shadows and implications

Industrial Production Price Index (IPPI) slightly declined to 5.86% in August 2018, but remained significantly above consumer price inflation as measured by CPI (5.06%). The… Mai mult

Foreign investment exceeded EUR 75 billion. Areas to which money was directed

  The balance of foreign direct investment (FDI) in the Romanian economy increased last year to EUR 75,581 million but declined in terms of GDP… Mai mult

Foreign investors urge Government to stop regulating practice through OUG and return to consultations with business community and society

The Foreign Investors Council urges the Government, in the view of the proper functioning of the economy, to stop the regulating practice through emergency ordinances… Mai mult

Countless investment funds, by way of derogation from five laws – ordinance from which two other prime ministers run away is on Viorica Dancila’s table

Minister Teodorovici “fixes” a delay in Liviu Dragnea’s government program The Ministry of Finance launched a draft emergency ordinance on Saturday establishing the “general framework… Mai mult

Pension “drug withdrawal”: social, political, budget: Imbalances caused by electoral distribution of increases

The application of pension change in the mid-year, by nine percentage points last year (when the pension point was arbitrarily rounded from 917.50 lei to… Mai mult

Graph: Health of Romanian economic growth compared to Polish growth. Explanations and consequences

The growth of the Romanian economy over the last decade has been impressive in nominal value, above all other EU states. But it has a… Mai mult

Well, yes: Law on lobby, OUG draft: We easy find out who lobbyists are, but not what they do. Six sectors where you are not allowed to lobby

On Monday, Ministry for Business Environment launched the draft Emergency Ordinance on transparency in the area of lobbying and representation of interests. The wish to… Mai mult

National specific: Not rural area, but small towns and suburbs have lowest employment rate

The degree of urbanisation classification based on the European methodology (LAU 2 level or Local Administrative Units, formerly NUTS 5) is made in urban centres… Mai mult

Romania – country that benefited most from EU membership. Notice, though, experience of others!

Romania is the EU member state that has benefited the most from EU membership, with an increase in the standard of living expressed in GDP… Mai mult
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NEWS

Cluj-Napoca - only city in Romania that receives European funds for innovative projects

Only Cluj-Napoca is among the 22 European cities that will receive financing from the European Regional Development Fund (FEDR) for innovative solutions in addressing urban… Mai mult

Prime Minister Dancila dismissed 13 of 15 civil society representatives from Economic and Social Council. They were blocking legislation that did not gathered all opinions

Prime Minister Viorica Dancila has replaced 13 of the 15 civil society representatives in the Economic and Social Council (CES). Following a decision published on… Mai mult

West Quadrilateral / Four counties joined to directly access European money for major infrastructure projects

From right to left: Gheorghe Falca, Nicolae Robu, Ilie Bolojan. Emil Boc, Mayor of Cluj Napoca, misses Four mayors from the West of the country… Mai mult

Chamber of Deputies / PSD loses UDMR’s support for amending Offshore Law, draft returns to committees for a week

The plenum of the Chamber of Deputies decided on Wednesday to resend the Offshore Law to committees after a seemingly surprising request of UDMR leader… Mai mult

Government amended insolvency law. Guarantees given by Minister Teodorovici

The Government adopted on Thursday the draft Emergency Ordinance for amending and supplementing legislation in the field of insolvency, which provides among other things for… Mai mult

Romania ranked 7th in EU in terms of renewable electricity

Unlike the vast majority of the economic areas, in which we are at the bottom of the European ranking, Romania succeeded to rank 7th by… Mai mult

Resounding failure of PSD lobbying action in Brussels

There are clear signs that the lobbying action launched by the ruling coalition in Brussels in favour of the government in Bucharest will end with… Mai mult

MFP: Romania does not endorse a separate budget for Eurozone and rejects the idea of ​​taxing financial transactions

Romania does not endorse a separate budget for Eurozone and rejects the idea of taxing financial transactions, Minister of Public Finance Eugen Teodorovici said after… Mai mult

Finance Ministry wants to change rules for insolvency: state could also register claims after procedure is launched

Companies’ possibility to avoid paying creditors (and in particular the payment of tax receivables) simply by declaring their insolvency would be drastically limited, according to… Mai mult

Phil Hogan: Swine fever in Romania has an impact on neighbouring countries and EU trade in pigs

Prime Minister Viorica Dancila, European Commissioner Phil Hogan and Agriculture Minister Petre Daea The swine fever epidemics in Romania has an impact on neighbouring countries,… Mai mult

Infrastructure projects lost EUR 41.5 million following budget amendment. In what projects cuts have been made

Despite the assurances that Dancila government is concerned and intensely working on the road infrastructure projects, at the budget amendment the Transport Ministry has cut… Mai mult

European Parliament have decided to adopt in October a resolution on the rule of law in Romania

Leaders of the political groups in the European Parliament have decided to adopt in October a resolution on the rule of law in Romania. The… Mai mult

"Romania's buffers have deteriorated, the country is less prepared for a negative shock" - IMF will reduce economic growth estimate

Romania will be less prepared if the economy is hit by a negative shock, as the structural deficit has been deteriorated - IMF representative for… Mai mult

Premiere: CSAT asks Finance Ministry to amend amendment - session suspended until Government comes with a draft that does not affect budgets of secret services

President Klaus Iohannis suspended on Tuesday the CSAT meeting for discussing the budget amendment, as there was no consensus on the budgets of institutions from… Mai mult