foodstuffs

The annual inflation rate in March 2022 compared to March 2021 is 10.2%, says the latest report by the National Institute of Statistics (INS). The inflation rate since the beginning of the year (March 2022 compared to December 2021) is…

President Klaus Iohannis has signed on Monday that decree to declare state of emergency on Romania's territory for 30 days to limit the effects of the coronavirus outbreak. During the state of emergency period exerting certain rights are…

The ‘Danube smoked mackerel’ file has passed the stage of national opposition and was sent to Brussels according to the European procedures, for registration and acquiring protection at EU level, as Protected Geographical Indication (PGI),…

Although Romania’s exports exceeded a record level of EUR 60 billion in 2015, their pace of growth have slowed in the second half of 2015 at 2.3 percent from 6 percent in H1, while imports grew much faster from 6.9 percent to 8.2 percent, a…

The Senators passed a bill on Tuesday requiring the supermarkets to put on sale meat, vegetables and fruits 51% produced in Romania, digi24.ro informs. Otherwise, they could be fined up to RON 50,000. Exception from the rule will be made…

June starts with products discounts given the value added tax (VAT) cutting. Thus, as of Monday, VAT is reduced from 24 percent to 9 percent for foodstuffs, non-alcoholic beverages, domestic live animals, birds, seeds, plants and…

Most Romanians consider that the reduction in VAT for foodstuffs and non-alcoholic beverages represents a good measure both for them as well as for the economy, reveals an opinion barometer conducted by Inscop Research and commissioned by…

The government plans to decide in April the cut, starting in June, of the value added tax (VAT) and whether the standard VAT rate is to be reduced from 24% to 20%, or the VAT on basic foodstuffs from 24% to 9%, Prime Minister Victor Ponta…