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The first effects of the fiscal package proposed by the Bolojan Government are visible on the financial markets: borrowing costs for Romania are decreasing, according to an announcement by the Ministry of Finance. "First Effects of the…

The PSD-PNL-UDMR and Minorities government program provides for the reduction of taxes and duties on labor, but does not specify deadlines for this. One of the provisions is the gradual reduction of the tax burden on labor by up to 5…

The polling stations for the first round of the 2024 presidential elections opened on Sunday morning. The vote will take place over 14 hours – from 7:00 a.m. to 9:00 p.m. When the polling stations close, we will also find out the first exit…

Romanian President Klaus Iohannis stated that the difference between the Defense allocation of 2.5% of GDP, as a commitment to NATO, and the actual expenses should not be approached "in accounting". He added that the allocated money…

Romania remains resilient in front of waves of global layoffs, due to more protective legislation, with a French-inspired labor code and a social focus, but also thanks to lower employee costs compared to other countries, according to an…

Interest in electric and hybrid cars remains high among consumers, mainly due to the lower fuel costs compared to internal combustion engines, to the concern about climate changes and the government incentives programs, according to…

​Two out of five Romanians (40.5%) have a low level of education, i.e. they either did not graduate from any school or were limited to no more than eight classes. According to the 2022 census data, 43.5% of those reviewed have an average…

In May 2022, the average gross earnings were 6358 lei, with 85 lei (-1.3%) lower than the one registered in April 2022, says the recent report on the average gross earnings conducted by the National Institute of Statistics (INS). The…

People vaccinated against COVID-19 have a 14-fold lower risk of death than unvaccinated ones, a 12-fold lower risk of hospitalization and hospitalization in intensive care, and a 10-fold lower risk of infection - are the results of the…

Vodafone Romania announces the key performance indicators for the quarter ended September 30th, 2020, as reported today by Vodafone Group Plc. Vodafone Romania continue to deliver good performance despite the challenging context in the…