Romania's Government has postponed hiking the taxes on industrial property, charged to natural and legal persons, until 2012, considering that such an increase could reduce the number of requests for protection and affect innovation. read more...

Romanian President Traian Basescu on Tuesday passed the law approving Government Emergency Ordinance no. 50/2010 on consumer loans. read more...

The number of Romanian taxpayer paying their income tax online has increased gradually over the past months, from 9,000 in September to over 50,000 in December, Finance Ministry state secretary Dan Lazar said Tuesday. read more...

Romanian non-government overdue loans rose 3.1% on the month to 16.4 billion lei (EUR1=RON4.2871) in November, central bank data showed Tuesday. read more...

Romania's Constitutional Court on Tuesday ruled the 2011 state budget law constitutional. read more...

Romania’s Constitutional Court on Tuesday rejected unconstitutionality claims raised by opposition liberals over the consumer loan law and cleared the bill the Parliament enacted last week. read more...

Romania’s Government on Tuesday decided to double the state guarantee on bank deposits as of next year, to at least EUR100,000 from the current EUR50,000, Finance Minister Gheorghe Ialomitianu said. read more...

Some 45 Romanian companies in several sectors of activity will receive non-reimbursable financing worth a total 515.3 million lei (EUR1=RON4.2878) for investment projects, through the “Increase of Economic Competitiveness” sectoral operational program, the Economy Ministry said Monday. read more...

Romanian carmaker Automobile Dacia will invest more than 57 million lei (EUR1=RON4.2878) into an engine block designed for a new family of engines, with RON20 million to be provided as non-reimbursable funds. read more...

The Romanian opposition Social Democratic Party will put forward a normative act whereby the state will issue three-year treasury bills to cover a 25% public sector salary cut applied between July 1 and December 31, 2010. read more...

Romanian private lending fell 3.9% in real terms to 207.9 billion lei (EUR1=RON4.2878) in November from the same month a year earlier, held down by local currency loans, central bank data showed Monday. read more...

The Government on Thursday approved the Fiscal Code amendments, which stipulate putting the excises in agreement with the norms of the European Union, introducing the single statement, the 3 percent tax for micro-enterprises, as well as introducing the tax on unreported incomes of unknown nature of natural persons. read more...

The Public Finance Ministry (MFP) on Thursday drew 533.5 million lei (approximately 125.53 million euros) in an issue of benchmark Government bonds placed on tender through the National Bank of Romania. read more...

The European Bank for Reconstruction and Development (EBRD) granted OTP Bank Romania a loan of EUR 10 million for the financing of sustainable energy projects developed by Romanian companies, informs a release issued on Thursday. read more...

Individuals whose real income exceeds their declared income by at least 50,000 lei (EUR1=RON4.2855) will pay 16% of the difference as tax, said Romanian Finance Minister Gheorghe Ialomitianu. read more...

Romanian micro-companies will be able to opt between paying a 16% tax on profit, and a 3% tax on income, according to an amendment to the Fiscal Code adopted Thursday by the Government. read more...

Romania's taxes on wealth will not apply to bank accounts, as bankers have warned there is a risk of massive withdrawals, only to real estate property, yachts, "wealth in general," Finance Minister Gheorghe Ialomitianu told Hotnews.ro. read more...

The Constitutional Court will debate on December 28 the complaint formulated by 53 Liberal deputies on the 2011 budgetary salaries for which the government took responsibility last week in the Parliament, Romanian news agency Agerpres informs. The Liberals claim the law is unconstitutional. read more...

Romania's Government has pledged to continue layoffs in the public sector in 2011, implement tax cuts only if the economy recovers and lower social security expenses. read more...

Romanian worker remittances reached $38.819 billion in 2005-2010, with 2007 and 2008 being the most productive years for the nationals working abroad, according to a survey from the World Bank. read more...