Premier Mihai Tudose said on Friday that his visit to Chisinau on the same day is a “symbolic visit”, pledging Romania’s firm commitment to supporting the pro-European track of the Republic of Moldova. (agerpres)
Read More »PM Tudose: A 3.2pct H1 deficit means below 3pct at year-end; August revision, mostly positive
Prime Minister Mihai Tudose says the government deficit of 3.2 percent of the of Gross Domestic Product (GDP) in mid-2017 means one below 3 percent at the end of the year, noting that opposition voices claiming there is no money to pay the pensions and wages show irresponsibility as far …
Read More »Romania Trade Deficit Widens to EUR4.46B in January-May
Romania’s trade balance posted a deficit of EUR4.46 billion in January-May, EUR680 million higher than in the same period in 2016, the country’s statistics board said Monday. (mediafax)
Read More »Japanese Companies In Great Britain May Relocate Their Businesses To Romania
Japanese companies in Great Britain want to move their businesses to Romania, in the context of Brexit and due to the economic growth registered by Romania, but are calling on the government to ensure a predictable economic environment, government sources told MEDIAFAX on Wednesday. (mediafax)
Read More »US green lights $3.9 bln Patriot sale for Romania
The US Department of State has “made a determination” approving a possible Foreign Military Sale estimated at USD 3.9 billion to Romania for Patriot air defense systems, related support and equipment, it was announced Tuesday.
Read More »NATO soldiers stage exercise in Romania
Some 5,000 NATO soldiers and partner countries conducted training operations in Romania, followed by Romanian president. The exercise runs until July 20th. Romanian President Klaus Iohannis and head of the NATO Military Committee, General Petr Pavel, who is a two-day visit to Romania, they were received with military honors prior …
Read More »NATO forces in Eastern Europe are fully operational
NATO’s new missions in Eastern Europe, aimed at discouraging Russia from striking American allies are now “fully operational” before Russian mass drill in the region. NATO Secretary General Jens Stoltenberg announced on Thursday that the Alliance’s “forward presence is fully operational in Estonia, Latvia, Lithuania and Poland. This sends a …
Read More »Analysts Warn Tax on Turnover Could Render 30% of Companies Insolvent
One out of three companies in Romania will be exposed to insolvency risks if the government replaces the 16% flat tax on profit with a tax on turnover, showed a study by Iancu Guda, president of the Romanian Association of banking analysts. (Mediafax)
Read More »Romania Unemployment Rate At 5.5% in First Quarter
The unemployment rate in Romania stood at 5.5% in the first quarter of 2017, the same as in the fourth quarter of 2016, the country’s statistics board said. The jobless rate stood at 6.3% among men and at 4.4% women. By areas of residence, the jobless rate was 6.4% in …
Read More »Klaus Iohannis and Rumen Radev at the Romania – Bulgaria Business Forum
The Governments of Bulgaria and Romania aim to modernize Danube ports, to ensure conditions for navigation and development for river transport and to build new road bridges, said Romanian President Klaus Iohannis at the Romania – Bulgaria Business Forum, an event he attended together with his Bulgarian counterpart Rumen Radev. …
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