Finance, Banking and Economic News
The top five debtors to the state budget used to have cumulated debts in amount of 5.514 billion lei (1.2 billion euro) in late September, according to data released by the National Tax Administration Agency (ANAF). read more...
President of the European Parliament Martin Schultz on Wednesday argued that Romania should be allowed to enter the border-free Schengen Area because it has managed to fulfil all the accession criteria. read more...
The prosecutors with the Directorate for the Investigation of Organised Crime and Terrorism are probing into a criminal group made up of Russian and Romanian citizens, after a Russian citizen was caught at Bucharest’s International Henri Coanda (Otopeni) Airport on Oct. 19 while attempting to leave Romania by carrying documents and geological maps issued by the Romanian state authorities. read more...
The chairman of the National Authority for the Public Acquisitions Regulation and Monitoring said he had made a proposal in a draft law to raise the cap for the direct public acquisitions to 30,000 euros from 15,000 euros starting Jan. 1, 2013. read more...
The estimative cost of modernization work on the other three buildings of the Baneasa Airport so that it should fully become a city airport will top 10-15 million euros, Valentin Iordache, communication manager of the National Airport Company in Bucharest. read more...
Tarom airline Management Board has been completed and made public on Friday, among the selected figures being Romania’s first astronaut having flown into the Space, Dumitru Prunariu. read more...
Speaker of Chamber of Deputies Valeriu Zgonea said on Thursday that Romania’s representatives make lobby in the UK so as to persuade the British leaders and MPs to lift the labour restrictions for Romanians by the end of next year at the latest. read more...
The annual inflation rate increased to 5.33 pct this September from 3.88 pct in August, shows data released on Wednesday by the National Statistics Institute (INS). read more...
PM Victor Ponta welcomed a delegation of the Association of Turkish Businessmen in Romania on Tuesday at Victoria Palace, businessmen who voiced their desire to consolidate their presence on the Romanian market and who were given assurances that the Government in Bucharest will support their activity, reads a release of the Government press office. read more...
The International Monetary Fund (IMF) leaders on Friday, September 28, will discuss the sixth assessment of the agreement with Romania, signed following the mission carried out in Bucharest, in the period July 31 – August 14. read more...
Romania’s population decreased in July 2012 by 2,206 persons from June, while the June’s decline from the previous month was 3,984, the National Statistics Institute (INS) announced. read more...
Cristian Mungiu’s film ‘Beyond the Hills’ was selected in the 56th edition of the London International Film Festival (October 10-21), the most prestigious and longevous festival in UK. read more...
Romania’s estimated H1 2012 Gross Domestic Product (GDP) is put at RON 248.592 billion current prices (nearly 55.3164 billion euros), up 0.8 percent in real terms from H1 2011, according to data released by the National Statistics Institute (INS). read more...
Differentiated baccalaureate is a rational solution, which I welcome, said former Minister of Education Andrei Marga. read more...
More than one million tourists have spent their vacation in Romania, in July 2012, according to data provided by the National Statistics Institute (INS), the highest level compared to the similar period in the past six years, the Ministry of Regional Development and Tourism (MDRT) announced in a press release. read more...
Minister of Public Finance Florin Georgescu announced the successful completion of the tap of its euro-denominated 6.5% June 2018-dated bond issue that replenishes the country’s forex reserves by EUR 750 million. read more...
The Romanian joblessness rate, seasonally adjusted according to the International Labour Office (ILO) standards was put at 7 percent in July, down 0.3 percentage points from the prior month and by 0.5 percent less than in July 2011, the National Institute for Statistics said in a release. read more...
President Traian Basescu returned on Tuesday after 10:30 am to the Cotroceni Palace after 52 days of suspension from office, resuming the term he won in the 2009 presidential elections. read more...
As many as 2,470 joint-stock commercial companies with foreign capital were registered in Romania in the first five months of this year, the total value of the invested capital having reached 5.364 billion lei (1.227 billion euros), according to the data centralized by the National Statistics Institute. read more...
The number of Romanians who use the social network Facebook has neared 5 million in August, of whom over 4.4 million had set their residing town when they created their account on the social network, show portal Facebrands.ro’s statistics. read more...
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