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Tag Archives: new Government

AHK Romania: The proposed fiscal model is harmful to Romania


The fiscal changes announced by the new government are directed against the business environment and are a real threat to the stability and predictability of the economic policies, German-Romanian Chamber of Commerce (AHK) warned in a press release. “The proposed ...

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Dragnea’s alleged list of new Cabinet. Who is the PM proposal?

government  regional hospitals

PSD chairman Liviu Dragnea is preparing the new Government, political sources claim. Dragnea is said to have already made the list of the future ministers. First central bank governor Florin Georgescu is proposed for the PM position. According to sources ...

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Fitch affirms ratings for Romania, Bucharest at ‘BBB-‘, stable outlook

source: sputniknews.com

Fitch Ratings has affirmed Romania’s long-term foreign and local currency issuer default ratings (IDR) at ‘BBB-‘, with stable outlooks, a press release informs on Saturday. The issue ratings on Romania’s senior unsecured foreign and local currency bonds have also been ...

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Over 100,000 companies, especially Romanian capital, were closed in the past five years

Romanian capital

In the past five years, more than 100,000 companies, especially with Romanian capital, were shut down, 450,000 people becoming unemployed. Of these, about 380,000 (according National Institute of Statistics – INS) were forced to go abroad, according to data provided ...

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U.S. Embassy in Bucharest congratulates Romania’s new Gov’t, Parliament, urges them to maintain anti-corruption fight

us embassy

The Embassy of the United States of America congratulated the new Government and Parliament of Romania, informs a press release by the U.S. Embassy in Bucharest on Wednesday. “We look forward to working with Prime Minister Grindeanu and his cabinet ...

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Moldova’s President-elect Igor Dodon salutes PSD’s win


Republic of Moldova’s President-elect Igor Dodon has saluted the victory of the Social-Democratic Party (PSD) on his Facebook page, saying he hopes the PSD leaders will balance the rhetoric of Bucharest in regard to Moldova. “We learn that in Romania ...

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Romanian, Moldovan Presidents hold phone conversation. Timofti to pay visit to Bucharest

File photo. Presidency.ro

President Klaus Iohannis has had Thursday evening a telephone conversation with his Moldovan counterpart Nicolae Timofti, the two discussing the socio-political situation in Chisinau. Timofti will pay an official visit to Romania upon the invitation of the Romanian head of ...

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Erste: New Gov’t could take compensation measures for fiscal easing damages


The significant fiscal loosening adopted by the former government, led by Victor Ponta, will not be reversed, given the broadened policy consensus that has benefited, Austrian lender Erste Group said in an analysis released in Wednesday. But, according to the ...

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President Iohannis initiates consultations on new Government

iohannis conf

President Klaus Iohannis took the first stance after PM Victor Ponta handed in his resignation and the one of his Cabinet. In a press conference at Cotroceni Palace on Wednesday afternoon, Klaus Iohannis informed the consultations with the political parties ...

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