Global Directory
24 Aug

MFE: Absorption of European funds rate reached nearly 1%

Absorption of European funds rate reached nearly 1% on new 2014-2020 financial framework, thus the “ghostly 0 percent’”is a myth, Ministry of European Funds (MFE) shows in a press release, marking the activity report of [...]

23 Aug

Romania ranks 48th in Global Innovation Index 2016

Switzerland is the most innovative economy worldwide for the sixth consecutive year, while Romania climbed six positions compared with last year, being ranked 48th out of 128 states included in the Global Innovation Index, according [...]

04 Jul

Brexit, an opportunity for Romanian economy!

Experts forecast a positive effect studying the impact of Brexit on Romanian economy. Leu is one of the strongest currencies in the region and for this reason it can attract new investors. Not so optimistic [...]

04 Jul

Romania sees third VAT rate cut in the last 18 months

Romania’s Government approved via emergency ordinance the VAT rate cut on agricultural inputs and services to stimulate the agriculture sector. The measure, which has a low impact on the state budget revenues, may also lead [...]

01 Jul

NRDP: new projects to finance associations of producers

The Funding Agency for Rural Investments (FARI) stated the opening of the projects presentation session, from 12th July, for the sub-measure 9.1. titled “Foundation of producers associations in agriculture sector” and 9.1a “Foundation of producers [...]

29 Jun

Competitive Romania, a sustainable economic growth project!

Competitive Romania, a sustainable economic growth project in the medium/long term, was showed by the President Klaus Johannis and the Prime Minister Dacian Ciolos in Parliament on Tuesday. Also the Governor of RNB Mugur Isarescu [...]

27 Jun

Bucharest and Sibiu stock exchanges, close to merger

The Bucharest Stock Exchange and the SIBEX Sibiu Stock Exchange have concluded a coordination agreement. Regional ambitions but also interests lacking significant economic support have meant that our country is one of the few in Europe [...]

27 Jun

Romanian economy needs German investments

Romanian and German presidents met company representatives from the two countries. In a speech given at a Romanian-German economic summit, the Romanian President emphasized that Romania plans to adopt a new economic development model centered on [...]

21 Jun

IMF: Minimum wage increases faster than productivity in Romania

The minimum wage increased in Romania faster than labor productivity, which affects the local companies’ competitiveness, discourages investments, and curves the employees’ desire to improve, according to the International Monetary Fund – IMF’s resident representative [...]

16 Jun

Romanians abroad could pay taxes online from July

Romanians from abroad will be able to pay their local taxes online starting with July, using bank cards issued in their countries of residence, Minister of Communications and for Information Society Marius Bostan told conference [...]