economy

Save Romanian Union (USR) is asking for the Finance minister’s resignation, accusing him of forging the statistics of the budget deficit for 2018 by „sabotaging the national economy”. „It has been increasingly clear in the past months…

President Klaus Iohannis has launched a new attack against the Government on Tuesday day during the reception organized by the Romanian-German Chamber of Commerce and Industry at the Palace of Parliament, denouncing that the latest…

The Foreign Investors Council has also reacted to the recently adopted fiscal measures and to the statements made by the Romanian ruling leaders. "Public and political discourse keeps coming back to the role played in the economy by…

Fondul Proprietatea is highly concerned by the draft Government Emergency Ordinance (“GEO”) regarding fiscal and budgetary measures, published on 18 December 2018 by the Ministry of Finance. "The Pillar II Private Pensions risk to be…

Mugur Isărescu, the governor of the National Bank of Romania (BNR) has voiced his optimism on Monday regarding the evolution of the Romanian economy, also admitting some of the problems it is facing. „Economy is on the rise. If you…

In the context of the recent approval by the Romanian Government of the Pensions’ Law Draft, AmCham Romania expresses its concern regarding the significant increase of the social security expenses that such project levies on the general…

The EIB loan will co-finance rural development projects supported by EU funds totalling EUR 5.4 billion across the whole of Romania. It will support the modernisation of 3,000 farms and co-finance 400 projects focused on the processing and…

The Vestmoldtransgaz takeover by Transgaz has been concluded on September 6, minister of Economy announced, as quoted by Digi24. The deal has been inked in Chisinau after the final documents of the transaction have been signed by the…

President Klaus Iohannis has asked the Government on Wednesday to take immediate actions to stop the spread of the African swine fever outbreak and to urgently compensate the affected pig farmers. The President’s request comes one day after…

The government says that the refusal of President Iohannis to urgently summon the CSAT meeting to Ok the budgetary rectification is negatively affecting the economy. President Klaus Iohannis has convened the Supreme Defence Council of…