Romanian Govt Discussed Flat Tax Exemptions (20-08-2010)

Romania’s Government made a list of the activities exempt from the flat tax, including income from agriculture, transfers of real estate, and night clubs and casinos, Full story

Romanian Govt To Replace Minimum Tax With Lump Sum Tax (20-08-2010)

The Romanian Government will eliminate the minimum tax starting with October 1, and replace it with a lump sum tax, Finance Minister Sebastian Vladescu told MEDIAFAX Full story


BNR's Croitoru: Romania cannot have sustainable growth due to lack of savings (20-08-2010)

Romania cannot have a sustainable economic growth because the savings' level is very low, but maintaining coherent policies to attract foreign capital may be a way Full story

Euro trades at 4.22 lei (20-08-2010)

The exchange rate of the national leu (RON) currency resulting from the quotations announced on Thursday by the banks authorized to operate on the currency market Full story


SIF stocks decline 1.11 pct on the average Thursday (20-08-2010)

Stocks traded on the Bucharest Stock Exchange (BVB) declined on Thursday by 0.18 percent on the average, as reflected by the BET-C composite index, while financial Full story

Romania Rejects All Bids In 5-Yr Bonds Sale (20-08-2010)

Romania’s Finance Ministry Thursday rejected all bids in a 300 million lei (EUR1=RON4.2283) five-year bonds auction, citing high yields.Bank offers amounted to RON547,6 million, but the Full story

Romanian President Basescu To Meet Moldovan PM Filat Thursday (19-08-2010)

Romanian President Traian Basescu will meet Thursday with Moldovan Prime Minister in Iasi, northeastern Romania, said sources in the Chisinau Government, cited by newspaper Jurnal de Full story

Russia: Romania's gesture to expel a Russian diplomat is not a friendly act (19-08-2010)

Representatives of the Romanian Embassy to Moscow were invited by the Russian Foreign Affairs ministry for talks related to Romania's decision to declare a Russian diplomat Full story

Israeli doctors in Romania to help burnt newborns (19-08-2010)

According to Associated Press , Romanian officials say 10 Israeli doctors have arrived in Romania to treat seven premature babies who are in critical condition after Full story

Romania Govt OKs First Budget Revision Of 2010 (19-08-2010)

Romanian government Wednesday approved the first budget revision of 2010, which includes fund increases for socially protected categories, alongside budget cuts for several ministries. The government estimates Full story

Euro trades at 4.23 lei (19-08-2010)

The exchange rate of the national leu (RON) currency resulting from the quotations announced on Wednesday by the banks authorized to operate on the currency market Full story

BVB stocks decline 1.12 pct on the average Wednesday (19-08-2010)

Stocks traded on the Bucharest Stock Exchange (BVB) declined on Thursday by 1.12 percent on the average, as reflected by the BET-C composite index, while financial Full story

Eurostat:Romania June Construction Output Rises At Fastest Pace In EU (19-08-2010)

Romanian construction output rose 16.5% on the month in June, the biggest increase in the European Union, official data showed Wednesday.Compared with June 2009, construction output Full story

Romanian Senate Committees Adopt National Integrity Agency Bill (18-08-2010)

The Romanian Senate’s committees for legal matters and human rights adopted Tuesday a favorable report on the National Integrity Agency (ANI) bill, with nine pro votes Full story

BCR Report: Romania's budget deficit might drop at 7 pct of GDP in 2010 (18-08-2010)

The budget deficit, at local standards, might see a decline at nearly 7 percent of the GDP in 2010, and 5 percent in 2011, given that Full story

Euro trades at 4.23 lei (18-08-2010)

The exchange rate of the national leu (RON) currency resulting from the quotations announced on Tuesday by the banks authorized to operate on the currency market Full story

Stocks close the day 1.5 pct higher (18-08-2010)

The shares listed on the Bucharest Stock Exchange (BVB) on Tuesday gained on average 1.50 pct, in an evolution tracked by the BET-C composite index. The shares Full story

More than 10 million euros for Romanian-Hungarian transboundary projects (18-08-2010)

The European financing assigned for 80 software-type projects for the development of the Romanian-Hungarian border area, as part of the third call for projects of the Full story

Census conducted to identify main traffic flows in Romania (18-08-2010)

Romania's National Motorways and National Roads Company (CNADR) will perform on Wednesday, between 8.00 - 12.00 and 2:00 - 6:00 p.m. a survey on the country's Full story

Deputies passed the law on ANI, it is now the Senate's turn (17-08-2010)

Romania’s Chamber of Deputies adopted Monday the draft law on the National Integrity Agency (ANI) with 204 to two votes and two abstentions. Opposition social democrats Full story