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16 iulie, 2024

English Main

Romania has reached 61% of the average living standard in the EU 28 in 2016, according to the actual individual consumption indicator (AIC), the latest data released by Eurostat shows. The gap between this indicator and GDP per...
27 decembrie, 2017
The PSD-ALDE coalition’s amendments to the application of the corporate governance rules in the state-owned companies were approved by 157 votes in favour, 71 against and 4 abstentions on Wednesday, in the plenary of the Chamber of Deputies,...
27 decembrie, 2017
  The law that gives the green light to Government representatives to appoint directors of state-owned companies as they please, adopted on Wednesday by the Chamber of Deputies, comes after more than two years of a provisional regime in...
27 decembrie, 2017
The fear of future interest rate increases makes most entrepreneurs wish to reduce their indebtedness, according to the survey of the National Bank of Romania (BNR) on the access to financing. The proportion of entrepreneurs who want to...
27 decembrie, 2017
Romania undertook, between 2006 and 2016, the most bizarre policy on public funds of all European countries, according to an analysis released by Eurostat. Starting from the last position in terms of the share of budget revenues in...
18 decembrie, 2017
The gross average national wage announced by the National Institute of Statistics for October 2017 was 3,327 lei, 0.7% higher than the previous month and the corresponding net amount went up to 2,392 lei, with extra 16 lei....
18 decembrie, 2017
The Pro Infrastructura Association asks the Transportation Minister to dismiss the CNAIR management. In support of the request, the association published a review of the 2017 achievements of this company in charge of developing the Romanian infrastructure, which...
18 decembrie, 2017
In the first three quarters of 2017, net investment in the national economy amounted to about RON 50 billion, up by 3.6%, compared to the same period in 2016, the National Institute of Statistics announced. This is the...
18 decembrie, 2017
The law package on the judiciary will be assessed by the Council of Europe, the institution announced on Monday. The reason, explained by the Council itself – is the concern that „the changes could affect the fight against...
18 decembrie, 2017
The first time it happens, the second time it can be a coincidence but for the third time it is already confirmed the establishment of a strategy that can only lead to draining the public finances and exposing...
11 decembrie, 2017
The intentional non-payment of taxes and contributions due to the budget, subject to the withholding regime, will be considered a tax evasion, according to a draft emergency ordinance that is under the public debate on the website of...
11 decembrie, 2017
The Fiscal Council published a preliminary opinion on the 2018 draft state budget on Wednesday, stating that this draft remains within the already traditional pro-cyclical fiscal policy, leading to deepening the deviation from the medium-term objective, in contradiction...
11 decembrie, 2017
BNR made a thorough analysis of Romania’s status in terms of real convergence with Western economies. A precondition for adopting the euro, in line with the treaty signed at the moment of the EU accession. Here are the...
4 decembrie, 2017
Keeping the national currency under a controlled float exchange is a way to optimize the sustainable economic growth towards getting closer to the West but not a guarantee in that regard. Potential benefits in terms of mitigating economic...
4 decembrie, 2017
The largest share of taxes in the natural gas price structure for households has been recorded in Denmark (55% of the price), the Netherlands (53%), Romania (47%) and Sweden (44%) in the first half of this year, according...
4 decembrie, 2017
The state budget for 2018 drafted by the Ministry of Public Finance (MPF) counts on a decline in the economic growth only to 5.5% in 2018, compared to the level put forward by the National Commission for Prognosis...
4 decembrie, 2017
The European Commission (EC) has determined that Romania has not taken efficient measures to „correct its significant deviation from the adjustment plan to achieve the mid-term budgetary objective” (the so-called MTO), according to the EC press release which...
27 noiembrie, 2017
According to data released by the Ministry of Finance, Romania received only EUR 3.05 billion in the first three quarters of 2017, of which EUR 3.04 billion for the 2014-2020 financial framework and the remaining EUR 9.67 million...
27 noiembrie, 2017
There are 1.8 million children in Romania at risk of poverty and social exclusion, according to the Eurostat statistics. As a percentage, about half of the minor children were in this situation (49.2% of the total number of...
27 noiembrie, 2017
Classic fraud scheme in public procurement The Tel Drum case file in which Liviu Dragnea is accused is just one of the 11 cases in which the European Anti-Fraud Office (OLAF) recommended last year the recovery of the...
27 noiembrie, 2017

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