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Tag Archives: tax policy

Update: Liviu Dragnea – PSD extraordinary congress on March 10 or 17, no less than 27 state secretaries to be replaced

Social-democrat Chairman, Liviu Dragnea, has announced on Wednesday that a PSD extraordinary congress could take place in March, when he would ask for a confidence vote from his colleagues. PSD leader Liviu Dragnea said, after the PSD’s Executive Committee sitting, ...

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President Iohannis supports businessmen, criticizes tax policies

President Klaus Iohannis sent a message Thursday evening stating that it is a great injustice that the businessmen’s efforts are cancelled by uninspired fiscal policies. “It is obvious that, in an unstable business environment, entrepreneurship is struggling not only with ...

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UniCredit report: BNR could allow gradual depreciation of RON to 4.70 units per EUR in Q1 2018

The economic growth above 5% anticipated for 2017 is hiding increasing fiscal imbalances, a quarterly report issued on Friday by UniCredit Bank informs. “Ad-hoc decisions, tax increases and public investment cuts could keep the budget deficit below 3% of the ...

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Romania to have 5.1pc economic growth in 2016, World Bank says

The World Bank has significantly improved estimates regarding the Romanian economy’s growth up to 5.1% from 4% in June, according to the Economic Report for Europe and Central Asia released on Tuesday. The World Bank warns the growth this year, ...

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Inflation, negative until July 2016 – central bank Governor says

Inflation will remain in negative territory until July this year and will return to the stationary level of 2.5% at the end of the forecast horizon, said on Thursday the National Bank Governor Mugur Isarescu during a press conference. “At ...

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