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Gov’t allots EUR 19 M for SMEs


The Government allotted EUR 19.03 M to provide the needed funds for the Management Authority for the Operational Programme Initiatives for the Small and Medium Sized Enterprises, for the month of April. The funds are allotted by the Finance Ministry ...

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S&P confirms stable outlook for Romania, affirms BBB-/A-3 rating


On April 7, 2017, S&P Global Ratings affirmed its ‘BBB-/A-3′ long- and short-term foreign and local currency sovereign credit ratings on Romania. The outlook is stable. “Romania’s fiscal and external deficits are increasing on the back of a procyclical fiscal ...

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Progressive taxation as of January 1, 2018?

olguta vasilescu

Labour Minister Lia Olguţa Vasilescu has announced on Thursday to Realitatea TV that as of January 1 the government will turn to progressive taxation, with two levels of 0 and 10%. On the other hand, the tax burden on labour ...

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