FINANCE&BANKING Archives

PM Dancila: Official statistics prove Gov’t measures right, economic growth sustainable

NINE O'CLOCKNovember 16, 2018

by NINE O'CLOCKNovember 16, 2018018

Data with the National Institute of Statistics (INS) suggesting that Romania’s economic growth sped up significantly in Q3 2018, having advanced 1.9pct compared with Q2

BUSINESS BUSINESS COMPANIES ECONOMY ENTREPRENEURSHIP FINANCE&BANKING INVESTMENTS

CDR expresses its concern about the lack of trust that Romania accumulates towards the European institutions: Trust is a key factor in continuing to attract investments

NINE O'CLOCKNovember 16, 2018November 16, 2018

by NINE O'CLOCKNovember 16, 2018November 16, 2018026

Following the publication of the European Commission’s report on Romania’s progress under the Cooperation and Verification Mechanism, the Coalition for Romania’s Development (Coalitia pentru Dezvoltarea

ECONOMY FINANCE&BANKING INVESTMENTS

Gov’t approves legal framework for the establishment of development and investment sovereign wealth funds. FinMin Teodorovici: Sovereign wealth funds to be organized as joint-stock companies

NINE O'CLOCKNovember 15, 2018

by NINE O'CLOCKNovember 15, 2018051

The government has approved the legal framework for the establishment of development and investment sovereign wealth funds, which will be organized as joint-stock companies, under

ECONOMY FINANCE&BANKING

FinMin Teodorovici: We are trying to come to Government with draft budget rectification next week

NINE O'CLOCKNovember 15, 2018

by NINE O'CLOCKNovember 15, 2018033

The draft budget rectification could be discussed next week by the Government, Finance Minister Eugen Teodorovici announced on Thursday. “We are trying to come to

BUSINESS COMPANIES ECONOMY FINANCE&BANKING

Competition Council: Cumulated value of fines imposed exceeds 1.2 million lei in January-June

NINE O'CLOCKNovember 15, 2018

by NINE O'CLOCKNovember 15, 2018030

The Competition Council in the first six months of this year has a rich activity, with investigations in almost all the economy sectors, the cumulated

ECONOMY FINANCE&BANKING

Romania reports economic growth of 4.2pct over the first nine months of 2018

NINE O'CLOCKNovember 14, 2018

by NINE O'CLOCKNovember 14, 2018037

Romania’s economic growth over the first nine months of 2018 was 4.2pct, both in unadjusted terms and seasonally adjusted, compared with the same period of

ECONOMY FINANCE&BANKING

IMF recommends Gov’t to reconsider public wage increases for negative implications on economic growth

NINE O'CLOCKNovember 12, 2018

by NINE O'CLOCKNovember 12, 2018046

Increases in public wages and planned changes to pension benefits should be reassessed for their negative implications for fiscal sustainability and long-term growth, the International

ECONOMY FINANCE&BANKING

Romania’s annual inflation rate down to 4.3pct in October

NINE O'CLOCKNovember 12, 2018

by NINE O'CLOCKNovember 12, 2018044

Romania’s annual inflation rate in October dropped to 4.3 percent, from 5.03 percent in September, taking into account that non-food goods prices rose by 5.27

BUSINESS BUSINESS ECONOMY ENTREPRENEURSHIP FINANCE&BANKING POLITICS Social SOCIAL & HEALTH

Gov’t modifies Labour Code via Emergency Ordinance, introducing a minimum salary differentiated based on education level and seniority. Opposition and business environment criticize the measure

NINE O'CLOCKNovember 12, 2018November 11, 2018

by NINE O'CLOCKNovember 12, 2018November 11, 2018063

On Friday, the Government amended the Labour Code via Emergency Ordinance, introducing a minimum salary differentiated on the basis of education level and seniority. The

COMPANIES ECONOMY FINANCE&BANKING

Gov’t passes Strategy for Sustainable Development of Romania 2030

NINE O'CLOCKNovember 10, 2018

by NINE O'CLOCKNovember 10, 2018056

The Government approved on Friday the National Strategy for Sustainable Development of Romania 2030, a document prepared under the coordination of the Department for Sustainable

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