economy

High numbers of Fortune Global 500 companies in the CEE-6 are being largely driven from Automotive, Industry, Food, Beverages & Tobacco, Telecom & Media and Transportation sectors. According to the real estate consultancy company…

The leader of the Liberal deputies, Raluca Turcan, has announced on Tuesday that 118 PNL, USR, PMP and Pro Romania deputies had filed a request for an extraordinary session to be convened at the Chamber of Deputies, to discuss controversial…

The Fiscal Council has criticised the Government's budget rectification draft, warning there are significant risks for a higher deficit target than the one assumed of 3 pc of the GDP. "In the absence of some credible compensatory…

After the launching in Bucharest in June 2019, the e-hailing app Yango has introduced the new Comfort service. In addition to Economy, this new service in the Yango app allows users to order a ride with better equipped cars, carefully…

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…