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20 mai, 2024

English Main

According to data published by the National Institute of Statistics, Romania’s trade exchanges with Hungary, Poland and Slovakia caused almost 43% of the deficit registered by our country in the foreign trade last year. For comparison, we should...
23 mai, 2018
European countries have quite diverse pension systems in terms of financing methods but basically based on two models, Bismarck and Beveridge. The former is mostly based on contributions targeted to social protection, the second one on general fees...
23 mai, 2018
Authorities are often dependent on a single vendor or distributor, mainly in the acquisition of software developed on demand and medical devices, is the conclusion of a study by the Competition Council on the captivity effect in public...
23 mai, 2018
The game is, of course, very complicated. But not necessarily from Romania’s point of view. Until the clarification, among the uncertainties of the future, of the relationship between the EU and Trump administration, we can count in Romania...
23 mai, 2018
Last year, total investment at the national level (both from the public and private sources) in the EU member states amounted to almost EUR 3,100 billion. Constructions accounted for about half of this amount, machinery, equipment and systems...
23 mai, 2018
  Romania’s economy ranks 16th in the European Union and represents 1.23% of the EU economy, according to the data published by Eurostat for 2017, on GDP expressed in euro (nominal values). We have surpassed Greece, and Portugal...
14 mai, 2018
The Government adopted on Thursday the emergency ordinance on public-private partnership (PPP), which amends previous regulations. The law from 2016 remained inapplicable because „ implementing rules to which it refers have not been adopted„, writes in the explanatory...
14 mai, 2018
The National Bank of Romania (BNR) surprised a part of the market on Monday with the decision to raise its monetary policy rate to 2.5% (from 2.25%). The increase in the key rate occurred despite the auspices that...
14 mai, 2018
The trade deficit in March 2018 exceeded again the threshold of EUR 1 billion after the values in the first two months were significantly lower. However, the amount of EUR 1,056.7 million was only 1.6% higher than in...
14 mai, 2018
  The national gross average salary announced by the INS for March 2018 was 4,488 lei, 8.7% higher than in the previous month. Net nominal average salary increased at the same pace and reached 2,704 lei not only...
14 mai, 2018
The European Union’s 2021-2027 multiannual budget proposal, presented on Wednesday by the European Commission, should not be accepted in this form by the Romanian Government because it provides for a 5% cut in European funds for cohesion policy...
7 mai, 2018
The draft 2021-2027 multiannual budget of the European Union is accompanied by a radical Commission’s initiative on „Strengthening the correlation between EU funds and the rule of law”. Translated in common language, the Commission formulated on Wednesday the...
7 mai, 2018
Businesses in Romania face the 18th world’s highest complexity of the accounting and tax systems. The complexity level of tax and accounting requirements in Romania went up 36 positions in one year in 2018 Financial Complexity Index, according...
7 mai, 2018
More than half of the annual inflation rate in March 2018 (which went up to 4.95%) was the result of commodity and commodity price increases in the consumer basket which had prices administered or heavily influenced by indirect...
7 mai, 2018
In the spring version of the 2018 – 2021 mid-term prognosis, published Friday, the National Prognosis Commission revised upwards the inflation forecast for the end of this year, from 2.6% to 3.2%. The same thing happens with the...
7 mai, 2018
Romania ranked fourth among the EU member states last year in terms of employment growth, according to data published by Eurostat. With an advance of 2.5 percentage points, we ranked after Bulgaria (+ 3.6%), Slovenia (+3.3%) and Portugal...
7 mai, 2018
September 2016: The market yield of 10-year Romanian government bonds was 2.97%. Very good situation: yield was lower by two-hundredths percent (2 basis points, bps) than Hungarian bonds. Long-term Romanian government loans were only 7 bps more expensive...
23 aprilie, 2018
The buoyant fiscal changes in Romania left almost unnoticed the European debates on profit taxation that are very important for both companies and the public budget. Adopted in March 2018 by a resolution of the European Parliament, the...
23 aprilie, 2018
Romania is captive of tax and wage policies that are hostile to long-term sustainable development. One of the most striking arguments is the very large amplitude of GDP deviations from the potential, resulting from a pro-cyclical policy which...
23 aprilie, 2018
President Klaus Iohannis was not previously informed or consulted on the topic regarding the transfer of Romanian Embassy in Israel to Jerusalem, a press release issued Friday by the Presidential Administration. Liviu Dragnea announced on Thursday evening at...
23 aprilie, 2018

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