Mains

Foreign capital in Romania and the EU – proportion of added value. Observations, lessons, calculations

Romania ranks fourth among the EU member states in terms of foreign-controlled enterprises’ added value share in the national economy, according to a recently concluded… Mai mult

Inflation exceeds 4% threshold. Solution – Correlation between income growth and economic performance

Consumer prices for the population increased by 0.49% in March 2019, which is significantly below the previous months but higher than in the same month… Mai mult

List: OUG 114 has passed, damages have remained. Who pays?

Direct damages caused by the “greed ordinance” are currently measured in many billions of euros, according to estimates of affected companies and independent analysts. Damages… Mai mult

PIAROM study / Foreign companies have half the profitability of domestic companies. Productivity ratio is the opposite

2017 was an exceptional year for Romanian companies system in terms of profitability and registered a general margin of 8%. Statistics also show that the… Mai mult

How does Romania stand with taxation compared to other EU countries – and where it is with related revenues?

Authorities have borrowed EUR 3 billion from foreign markets yesterday to finance the current year’s deficit. Much: both for one day and in general. A… Mai mult

Romania’s competitiveness on the single market, from foreign trade point of view: even Bulgaria has come to generate a deficit for us

According to data released by Eurostat, half of the EU member countries concentrate 70% of Romania’s deficit in foreign exchanges registered in 2018, which reflects… Mai mult

Juncker Plan in Romania, up-to-date situation of investment efficiency ranking

Projects in Romania have received funding of a total of EUR 676 million from the European Fund for Strategic Investments (FEIS), according to a report… Mai mult

Stock exchange: Active investors have closed a quarter of their accounts over last two years. Mechanisms of our underdevelopment and stock markets from neighbour countries

  The number of active accounts at the Bucharest Stock Exchange (BSE) fell by more than 27% from the fall of 2016 until June 30,… Mai mult

Four impact scenarios of OUG 114, as they were presented by Florin Georgescu to Liviu Dragnea and C.P. Tariceanu

The tax on bank assets, called the “tax on greed” by OUG 114 authors who imposed it, may reduce the economic growth by 0.6-1.1 percentage… Mai mult

Labour cost increase by field of activity. Remarks

Hourly labour costs grew by 13.09% in the fourth quarter of 2018 compared to the same period in 2017, according to data announced by INS.… Mai mult

Bulgaria vs. Romania: Reform and results of tax authority in Sofia and counter-reform and its consequences in Bucharest

Bulgarian tax authorities, which have successfully implemented a modernization program with World Bank’s support, a program that Romania abandoned after six years of delays and… Mai mult

Traditional budget surplus in January – 3 times lower than in 2018 and 5 times lower than in 2017

The general consolidated budget ended the first month of 2019 with a surplus of RON 717 million or 0.07% of the estimated GDP for the… Mai mult

Finance throws away for good contract for ANAF modernization with World Bank: 6 years and EUR 18 million down the drain

Sources close to talks with the World Bank have stated for cursdeguvernare.ro that the Finance Ministry notified the financial institution in November 2018 that it… Mai mult

Parallel state of underdevelopment: Three years of decline in construction sector, in parallel with economic growth. Differences from our eastern sister countries

Officially published statistical data reveals a massive paradox: Romania is the country that can register a robust year-on-year growth based on a construction sector which… Mai mult

European Prosecutor’s Office management: EU, from right to left, mobilizes to support Codruta Kovesi, Bucharest sabotages her candidacy

As Romanian authorities raise obstacles in Laura Codruta Kovesi’s rally at the European Prosecutor’s Office (EPPO), European officials and leading EU political leaders, from right-wing… Mai mult

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NEWS

Romania - EU country with highest risk of dying in a road accident, Bulgaria is quickly decreasing number of victims since it built motorways

Romania recorded the highest road deaths in the EU also last year, with 96 deaths per one million inhabitants in 2018, almost double the EU… Mai mult

Latest developments in progress at Health Ministry: Differentiated wages based on performance, competitions organised at a regional level not by hospitals

Sorina Pintea announced on Thursday further new changes that will be brought to the functioning of the health care system, including new rules for employment… Mai mult

ANAF changes selection procedure for liquidators. Main changes

The new order on approval and selection procedures for insolvency practitioners is an important step to a very good direction, industry experts say. ANAF is… Mai mult

Romania loses competition for a seat at UN Security Council. MAE Excuse: Campaign started too late

Romania lost to Estonia in the final vote to get the non-permanent member position within the UN Security Council for the period 2020-2021. On Friday,… Mai mult

Business internationalization / eMAG makes a step to entry five new international markets and targets a business of EUR 2 billion

eMAG hopes to get the opinion of the Hungarian Competition Council over the next two months for the acquisition of Extreme Digital, the market leader… Mai mult

"At a distance from books": 85,000 teachers (one third of educational staff) are graduates of distance learning

Approximately 85,000 teachers are graduates of distance learning (ID) programs, Education Minister Ecaterina Andronescu said at a meeting with school inspectors from Caras-Severin County. The… Mai mult

Mugur Isarescu: We should make a film for Viasat History about treasure in Moscow

A book should be written or a movie should be made and sent to Viasat History about a treasure evacuated to Moscow, as it is… Mai mult

Rhythm of commercial vehicle registration increases 3 times faster in Romania than EU average

Today, the European Automobile Manufacturers Association (ACEA) announced the status of commercial vehicle registrations in EU member states + EFTA in April and cumulated after… Mai mult

4.2%, from 3%: BNR has increased inflation forecast for 2019

The National Bank increased the inflation forecast for 2019 by 1.2 percentage points, from 3% to 4.2%. Also, the forecast for 2020 goes up by… Mai mult

Emergency procedure at European Court of Justice for Romania’s question: Are MCV recommendations mandatory?

The Court of Justice of the European Union (CJEU) has decided that Bihor Court’s request to be discussed under the emergency procedure, which is a… Mai mult

Government decides to increase external borrowing ceiling by EUR 4bn. It has consumed program resources for two years

The Government's agenda for Wednesday also includes the draft decision to increase the foreign loans ceiling for 2019 and 2020 by EUR 4 billion, up… Mai mult

Preparations for Summit in Sibiu - European Commission’s recommendations for EU's strategic agenda

On Tuesday, the European Commission presented a series of policy recommendations on how Europe can shape its future within an increasingly uncertain and multipolar world.… Mai mult

Meeting between Prime Minister Viorica Dancila and Chinese Prime Minister Li Keqiang: talks on a possible involvement of Chinese companies in PPP projects in Romania

On Friday, Prime Minister Viorica Dancila had a meeting with Chinese Prime Minister Li Keqiang, during which she stated her interest in involving Chinese companies… Mai mult

So-called "Belina Law" was adopted. Opposition will refer CCR: it turns Belina Island into a fiscal paradise

The Chamber of Deputies adopted on Tuesday the bill that provides for a derogating tax regime, such as tax exemptions or reductions, for land and… Mai mult

Deveselu shield is undergoing an upgrade process; the US provides alternative defence capabilities with THAAD systems

Aegis Ashore anti-missile system installed at Deveselu 99 Military Base will go in the next period through a previously planned upgrade process, the MApN announced… Mai mult