state budget

As of July 1st, the technical unemployment indemnities will no longer be reimbursed from the state budget and employers who wish to apply the technical unemployment measure must cover the indemnities from their own budgets, according to ONV…

The new minister of Finance, Alexandru Nazare has received a letter from the European Commission on December 29, 2020, with the authorities in Brussels voicing intention to discuss and collaborate with the Government in Bucharest on the…

Thirty years after the fall of the communist regime, Romania seems to be well anchored in European values and on a clear path of economic development. Even if certain problems linger with respect to the latter issue, Romania has the…

The International Monetary Fund (IMF) has revised downwards the estimates regarding Romania’s economic growth to 3.1%, and expects higher inflation rate and current account deficit, according to the latest ‘World Economic Outlook’ report…

The Constitutional Court of Romania (CCR) has ruled on Tuesday that the law on state budget for 2019 is constitutional and has thus rejected the referral from President Klaus Iohannis. The court has uphold however the notification regarding…

The first forecast regarding the GDP growth, released by Banca Transilvania (BT) considers a 2.8% increase in 2019, a report issued on Thursday reads. In turn, Erste Group Research (EGR) expects an economic growth of almost 3%, down from…

The Parliament has Okayed on Saturday the timetable of the debates on the 2019 state budget. The amendments will be filed by Monday, at 12:00, while the final vote is scheduled on Friday, February 15. The special budget –finance…

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…

In the context of the current debates on State Budget Planning for 2019, AmCham Romania reiterates its call for responsibility in budget planning and signals the vulnerabilities and risks presented by the draft budget, in an analysis…

The Government has released the agenda for the sitting on Friday, which does not include the draft state budget. On Wednesday, Prime Minister Viorica Dancila said there is no risk that the draft budget is not approved by the Executive,…