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Tag Archives: AOAR

Businessmen Association says minimum wage increase as of November 1 is a populist, arbitrary decision

The Businessman Association in Romania (AOAR) says the wage increases in public administration, health and education, without meeting the performance criteria, have not led to an improvement of services for companies and citizens, a release on Monday reads. “AOAR has ...

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FIC: The adoption of the Tax Code is a step forward, issues about the Procedure Code need to be clarified. AOAR head hails the code too

The adoption of the Tax Code is a step forward in clarifying the tax regime applicable in Romania, but in relation to the Fiscal Procedure Code there are a number of issues to be clarified, said Thursday Daniel Anghel, Vice-president ...

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AOAR: IMF thinks Romania needs higher budget reserves to be protected from shocks

The representatives of the International Monetary Fund (IMF) – European Commission (EC) – World Bank (WB) mission consider Romania is still a fragile economy which needs a larger budget reserves to be protected against shocks, said Florin Pogonaru, president of ...

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Agriculture energetic gold vs. solar/wind power

Romania has energy gold in agriculture about which nobody wants to discuss because the wind and solar energy projects are favored, local investors said. “The biomass plan made by the Ministry of Economy and the Dutch Environment Agency in 1990, ...

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