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Tag Archives: research

Gov’t approves second budget rectification this year. RON 9.5bn additional revenues, higher expenses by RON 10.7bn

The Government has approved on Friday the second budget rectification this year, with additional RON 9.5 billion in revenues and RON 10.7 billion in expenses, Finance Minister Eugen Teodorovici said at Victoria Palace. “Budget rectifications are made in order to ...

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E-commerce forecasts by 2022 in the CEE-6 markets: The growth potential could be 20-30% in Romania, Bulgaria

A conservative growth scenario sees e-commerce in CEE-6 expanding 8.8% per year from a baseline of EUR 13.1bn, to EUR 20bn. According to Colliers International’s latest logistics and retail research report, Survival of the fittest, there is still room for ...

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President Iohannis meets rectors: “Romanian education is at crossroads”

Attending several events held by the Bucharest Polytechnic University on Thursday on the occasion of its 200th anniversary, President Klaus Iohannis has stated that the Romanian education is at crossroads and that, in order to overcome it, it’s essential to ...

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Net nominal average earnings down by 5.5pc in January

The net nominal average earnings, in January, were of RON 2,484, down by RON 145 and 5.5% respectively, while the gross wage was of RON 4,143, the National Statistics Institute (INS) has informed on Tuesday. The highest net nominal average ...

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PM Viorica Dancila meets Ambassador Michele Ramis, talks focus on updating the Romanian-French partnership roadmap

Prime Minister Viorica Dăncilă had a meeting on Tuesday with the Ambassador of France in Bucharest, Michele Ramis, at Victoria Palace, during which she has announced the intention for this year to update the Roadmap of the Strategic Partnership Statement ...

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President Iohannis to attend the European Council informal meeting on Friday

President Klaus Iohannis will attend on Friday, in Brussels, the European Council informal meeting, the Presidential Administration informs. The agenda includes issues related to the future Multiannual Financial Framework post-2020 and EU institutional topics. Regarding the financial framework, the meeting ...

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CCR: Law to approve GEO 96 on education is unconstitutional as a whole

The Constitutional Court of Romania (CCR) has admitted on Tuesday the notification filed by President Klaus Iohannis regarding the law to approve Government Emergency Ordinance 96/2016 on the amendment and completion of some normative acts in the fields of education, ...

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EIB group financing reached EUR 1.1bn in Romania in 2016

The European Investment Bank (EIB) provided new loans worth EUR 1.04bn and the European Investment Fund (EIF – which together with EIB forms the EIB Group) executed operations in Romania totalling EUR 61m in 2016. The EU bank financed priority ...

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