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USR to file criminal complaint to DNA against Chamber of Deputies Speaker Liviu Dragnea

Thursday, August 10, 2017

The Save Romania Union (USR) will file a criminal complaint to the National Anticorruption Directorate (DNA) against the Speaker of the Chamber of Deputies, Liviu Dragnea this week, for abuse of office, forgery and use of forgery, USR spokesman Dan Barna has announced on Wednesday, romaniajournal.ro informs. “What happened yesterday and the previous day by non-convening the Standing Bureau is a classic case of abuse of office. Practically, the ...

PM Tudose met drug manufacturers and distributors

Thursday, August 10, 2017

Premier Mihai Tudose met on Wednesday with drug manufacturers and distributors, government sources told Agerpres. According to the cited sources, the subjects discussed included the vaccination bill, which might be on the additional agenda of Wednesday's government session. The government had a first reading of the vaccination bill at its July 27 meeting, as Health Minister Florian Bodog announced back then. In an Aug.1 ...

Gov't approved the draft law regarding  teleworking or distance working

Thursday, August 10, 2017

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The government approved in the meeting on Wednesday the introduction of a new work contract – teleworking, namely work at a distance with the help of IT which allows the employee to develop his work at home, through the internet and phone. ‘We are introducing a new work contract – tele-work. It is very appreciated especially in very developed countries and mostly in Japan. In this contract the employee is allowed to work from a ...

Euro trades at 4.5687 lei on Wednesday

Thursday, August 10, 2017

The exchange rate of the national leu currency resulting from the quotations announced on Wednesday by the banks authorized to operate on the currency market is as ...

EY: Implementing split VAT payment breaches Community provisions

Thursday, August 10, 2017

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The implementation of the VAT split payment breaches the Community provisions by failing to obtain a specific authorization from the European Council for a derogation from the VAT Directive regarding the payment of this tax, maintains Ioana Iorgulescu, Executive Director of EY Romania's Tax Advisory and Legal Services Department, in a document. "Contrary to what is stated in the Explanatory Note, the implementation of this mechanism violates the ...

Romania resumes negociations with China Huadian for Rovinari Power Plant

Thursday, August 10, 2017

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Romania officially resumes talks with China Huadian Engineering to build ...

Exports  and  imports  increased  by  9.6%  and  by  12.4%,  respectively, în H1 of 2017

Thursday, August 10, 2017

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In  the  period  1.I?30.VI  2017,  the  FOB  exports amounted  to  30877.8 million  euro and  the  CIF ...

The  growth rate of net average salary income in June 2017 against January 1990 was 8,062.33

Thursday, August 10, 2017

The growth rate of net average salary income per economy in June 2017 against January 1990was 8,062.33 and the rate in February 1992 was 1,971.51 informs on Wednesday the National Institute for Statistics (INS). According to law 112/1995 – the law of nationalised residences – the value of the damage which is offered to the former owners and their inheriters for the apartments which were not given back as such, as well as the selling price, ...

Statistics: gap between income and expenditures in the rural households stood at 12.1 per cent in 2016, 15.5 per cent in urban area

Thursday, August 10, 2017

The gap between income and expenditures in the rural households stood at 12.1 per cent in 2016, while the one in the urban ones stood at 15.5 per cent, in the same year, according to information that was released by the National Institute of Statistics (INS) in one of its publications.In what the territorial profile is concerned, income exceeded revenues in all regions. "Savings accounted for 9.3 per cent of the total income in the North-Eastern ...

18,846 children in Romania who have both parents working abroad at the end of Q1 2017

Thursday, August 10, 2017

The overall number of children in Romania who have both parents working abroad was 18,846 at the end of Q1 2017, while the total number of children with parents working abroad is 97,841, according to data centralized by the National Authority for the Protection of Child's Rights and Adoption ...

Prime Minister Tudose, US Ambassador Klemm meet, Romania's role on NATO's eastern flank - on agenda

Wednesday, August 9, 2017

Prime Minister Mihai Tudose and U.S. Ambassador in Bucharest Hans Klemm met on Tuesday, governmental sources stated for Agerpres. According to the quoted sources, the head of the Executive and the U.S. Ambassador met during a working lunch. The two officials tackled several topics, among which the commitment regarding the allocation of 2 pct of the Gross Domestic Product (GDP) to Defence, Romania's role on NATO's eastern flank, ...

DefMin Tutuianu had a meeting with Italian Ambassador to Romania Marco Giungi

Wednesday, August 9, 2017

Minister of Defence Adrian Tutuianu said on Tuesday, in the context of his meeting with Italian Ambassador to Romania Marco Giungi, that a 'consistent and unitary' approach to the entire eastern flank of the Alliance is important. "It is important to continue the consistent and unitary approach to the entire eastern flank of the Alliance to adequately meet the deterrence and defence requirements to address threats in the Black Sea region," Tutuianu ...

Minister Tutuianu, Alabama National Guard's Gordon discuss Black Sea security environment

Wednesday, August 9, 2017

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The Black Sea regional security environment, the US-Romania Strategic Partnership, and the Romanian Armed Forces' endowment policy were on the agenda of a meeting in Bucharest on Tuesday of Romania's Defence Minister Adrian Tutuianu, Chief of Romania's General Army Staff Nicolae Ciuca and head of the Alabama National Guard (ALNG), Major General Sheryl Gordon. According to a press statement released by the Defence Ministry (MApN), Tutuianu welcomed the ...

PNL, USR to notify Constitutional Court over parliament’s extraordinary session

Wednesday, August 9, 2017

Opposition parties will notify the Constitutional Court if PSD and ALDE convene the two chambers of parliament in extraordinary session as announced on Monday , romaniajournal.ro ...

Gov't plans to hike gas taxes to rev up revenue starting September 1

Wednesday, August 9, 2017

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The drivers will pay more for gasoline and diesel in Romania starting this fall, as the Government is planning to increase the excise duties on fuel starting September 1. The measure appears in a draft ordinance amending the Fiscal Code, which was published by the Ministry of Finance. Romanian government plans to increase gasoline and diesel taxes after income revenue from fuel fell at the start of the year, AP correspondent ...

BNR has upwardly adjusted to 1.9 percent its inflation forecast for the end of 2017

Wednesday, August 9, 2017

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The National Bank of Romania (BNR) has upwardly adjusted to 1.9 percent its inflation forecast for the end of 2017, BNR Governor Mugur Isarescu said on Tuesday. The adjustment was made from a previously estimated a level of 1.6 percent, down 0.1 percent. For the end of 2018, BNR expects estimates an inflation rate of 3.2 percent, from a previous 3.1 percent forecast, and for the end of the first half of 2019, it expects an inflation rate of 3.5 ...

BNR”s Isarescu: Consumption should not be economy’s engine

Wednesday, August 9, 2017

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Consumption has been the main growth factor for Romanian economy and this situation should be different, in the context in which investments have dropped and company crediting has grown with economy rate. For that predictable fiscal policies are needed, said Central bank ( BNR) governor Mugur Isarescu at a press conference. Fiscal policies in Romania should be more predictable to allow a sustainable economic development, when company crediting grows ...

Central bank governor: Private investments not faring well because of 'general mayhem'

Wednesday, August 9, 2017

Private investments are low due to the ongoing "general mayhem" which has a discouraging effect, governor of the National Bank of Romania (BNR) Mugur Isarescu said on Tuesday. "Investments are not faring well not just because of lackluster public investment, but also because the absorption of European money is not as it should be, and because private investment is faring poorly as well. And if you trigger me, let me tell you something: private ...

Isarescu: banks' losses stem from the fact that they do not give out loans

Wednesday, August 9, 2017

A good part of the banks' losses stem from the fact that they do not give out loans, governor of the National Bank of Romania (BNR) Mugur Isarescu said on Tuesday. "Well, if you want, I'll make a brief statement that will probably run all over the media tomorrow. A good part of the banks' losses arise from their not giving out loans, someone couldn't be thinking they can live off the fees on payments or currency exchanges alone. They have offices to maintain, ...

Euro trades at 4.5635 lei on Tuesday

Wednesday, August 9, 2017

The exchange rate of the national leu currency resulting from the quotations announced on Tuesday by the banks authorized to operate on the currency market is as follows: CURRENCY SYMBOL RON 1 Euro EUR 4.5635 1 US dollar USD 3.8643 1 Swiss franc CHF 3.9722 1 British pound GBP 5.0359 100 Japanese yen JPY 3.4959 1 Moldovan leu MDL 0.2155 1 Russian rouble RUB 0.0644 1 new ...

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