Tag Archives: government

Romania’s central bank has a vital role to play in using its independence to protect the domestic economy from uncertainty created by the government’s unorthodox new bank tax, says Scope Ratings. The Social Democrat government’s new levy on the balance ...

The European Central Bank (ECB) has sent a letter Finance Minister Eugen Teodorovici, in order to stress that Romanian authorities should have consulted the bank before the adoption of Emergency ordinance 114/2018 regarding taxes on banking assets According to the ...

Taxi drivers have started a protest in Victoriei Square in Bucharest Wednesday morning against the applications like Uber. The protest started at 9.00h in front of the Government, as hundreds of taxis blocked the traffic since 6.30h. Similar protests are ...

The Government has approved on Friday the state budget for 2019. The draft bill was not on the cabinet sitting scheduled for 12.00h, but Prime Minister Viorica Dancila announced it would be introduced on the additional list. In the past ...

The Romanian state intends to buy Peles Castle from the Royal Family, a step confirmed by the Ministry of Culture. Currently, the Government has taken the castle under rent for RON 2 per square metre, money taxed by ANAF. Overall ...

National Bank spokesman Dan Suciu argues that the statements made by Darius Valcov, adviser to PM Viorica Dancila on economic issues, about the change in calculating the ROBOR index or scraping it, show serious confusion regarding the monetary market and ...

President Klaus Iohannis and National Bank Governor Mugur Isarescu have similar behaviors and do anything to discredit the Government, PSD Vaslui leader Dumitru Buzatu says. In an interview for rfi.ro, Buzatu argues “both of them do anything to discredit the ...

AmCham Romania has sent in a press release today a “warning signal regarding the accelerated decrease in the quality of public policy, law-making and governance in Romania.” “We are confronted with concomitant changes through emergency ordinances, of legislation governing multiple ...

The Bucharest Court of Appeals has admitted the referral filed by the Defence Ministry to suspend the decree signed by President Klaus Iohannis extending the term of the Chief of Staff, General Nicolae Ciuca (photo). The ruling reads that the ...

The mayors of municipalities have had talks with Prime Minister Viorica Dancila and Finance Minister Eugen Teodorovici, Wednesday afternoon at Victoria Palace. According to reports, no the mayors have received no answer to their request regarding the budgetary allocations. “We ...