CĂUTARE (41)

The government established in yesterday's meeting that the minimum gross basic wage in the country, guaranteed in payment, will be updated annually depending on the inflation rate and labor productivity. This measure aims to align the...

The presence of Asian workers on construction sites, in traffic on scooters and bicycles, in restaurant kitchens and in many other places has become a habit. Discreet, they go about their business and generally work seriously. We know very little...

• July 25 

The second half of 2024 represented a critical turning point for Romania's economy and political stability. In an attempt to counter the ever-expanding budget deficit and ensure macroeconomic balance, the government implemented a series of...

• October 4 

The last financial quarter of last year was a time of intense complexity for the Romanian economy, in which political and economic forces faced significant challenges generated by the general elections, the tense geopolitical context and an...

Over 9.4 million citizens who went to the polls on November 24 had their options canceled by the Constitutional Court of Romania, which, after validating the first round of the presidential elections on December 2, reversed its decision on...

• November 1 

The end of the calendar autumn was marked by the presidential and parliamentary elections that took place on November 24 and December 1. For this reason, in order to increase its chances before the election and to maximize the chances of its own...

The first month of autumn brought a series of economic and financial challenges for our country, especially in the context of a growing budget deficit, high inflation and volatility of energy prices. However, the Ciolacu government continued to...

The PSD-PNL coalition has given two governments since December 2021, Ciucă and Ciolacu, whose results are similar, with identical governance mistakes, although the leadership was different. Because both the PSD in the August 24 Congress and the...

Amending the Fiscal Code, without introducing new fees and taxes and without increasing the existing ones, amending the single salary law in the budget system in order to fulfill the reform included in the National Recovery and Resilience Plan -...

The social and political convulsions of the first three months of the current year left their mark on the entire semester, because the PSD-PNL coalition turned to the state piggy bank to calm them down. Thus, the Ciolacu government decided to...

The budget deficit continued its decline in the second financial quarter as well, its growth being a little smoother compared to the first three months of 2024. Thus, if at the end of March the budget deficit recorded for the first quarter stood...

• June 3 

The first month of summer was more hectic than usual due to the fact that, in addition to the budgetary problems faced by the Government, on June 9 we had European parliamentary and local elections, new amendments to normative acts in the field...

In 2023, Romania's economy recorded a moderation in the growth rate, to 2.1%, which however remained relatively solid from a European and regional perspective. The twin deficits remained at high levels, while the annual inflation rate evolved...

The government decided yesterday to increase the minimum gross salary per country from the current 3300 lei to 3700 lei from July 1, 2024, which represents an increase of 12.12% compared to June. Thus, if in June the hourly rate is 19.96 lei/hour...

During May, the government continued to make chaotic decisions regarding budget expenditures, although the deficit after the first four months of the current year stood at 3.24% of the Gross Domestic Product, i.e. a minus of 57.29 billion lei...

Prime Minister Marcel Ciolacu announced yesterday to his colleagues from the PSD-PNL governing coalition that he negotiated with representatives of the business environment the increase of the minimum wage from 3,300 gross lei to 3,700 lei gross,...

The government is decided to increase the gross minimum wage in the economy to 3700 lei, but before that it will have a discussion with the social partners - employers and unions, said Prime Minister Marcel Ciolacu at the end of the Executive...

The year 2024 started badly in Europe with farmers and transporters protesting. In Romania, we also have threats of strikes by employees from the various public sectors, dissatisfied with salary incomes, the last in line being those from the town...

Forests are often referred to as treasures, and this holds true from various perspectives, including the financial one. The National Forest Administration (Romsilva) in Romania has generated revenues of approximately 35 million lei from hunting...

Prime Minister Marcel Ciolacu declared yesterday that the draft budget drawn up for next year foresees a 60% increase in the funds allocated to National Education, which will thus reach 4.1% of the Gross Domestic Product.

Eastern European countries have a competitiveness problem amid successive wage increases in recent years, and the foreign direct investment they benefit from could suffer, according to a recent study carried out by the IESEG School of Management,...

The terrorist attacks that took place on October 7 in Israel, followed by the bombing of Gaza by the armed forces led from Tel Aviv, the attack in Brussels and the return of terrorist threats in the states of Western Europe made October the...

Employees of state companies in the defense industry are preparing to protest because the provisions of law 296/2023 regarding the sustainability of public spending lead to their loss of rights regarding vacation vouchers, meal vouchers and...

The new fiscal measures bring additional responsibilities and costs to companies, Florina Mateescu, founder of Perfect Accounting, expert accountant and member of the Romanian Chartered Accountants and Certified Public Accountants (CECCAR) since...

The change of government at the end of the first semester of this year apparently did not bode well for Prime Minister Ciolacu's team, which found itself with a budget deficit that is increasingly difficult to control and manage, with the...

The new school year brought us new fees and taxes in the first month of autumn, following the fiscal changes assumed in the Government Parliament to reduce the budget deficit. Threatened by the European Commission with the cut of allocations from...

The business community supports raising the minimum wage, either in line with productivity or to counter the effects of inflation, but argues that an increase should be made from 1 January 2024, not 1 October 2023, as companies have already set...

Statistical data announces a steep economic drop, from one year to the next, but the Finance Minister says he's pleased with our economic evolution, given the current international context.

March 2020 has seen several firsts, the effects of which are already being felt in the economic environment. The coronavirus epidemic has already started being felt in the first days of March, when a large number of companies decided that their...

The PSD did what everybody wants. It raised wages. We all want happy Romanians. If we could, we would raise employees' wages every day, in fact, we would do so hourly. There is no moral limit on that. The limitations on that are economic. The...

In banking there are many risks and that is why banks need to be flexible and have as diverse an exposure as possible, which take the market circumstances at the time into account, says Radu Graţian Gheţea, President and CEO of CEC Bank. He told...

Finally, after many statements concerning the fundamental changes in the fiscal policy, announced from one day to the next and then denied, we have the argumentation note and the draft of the emergency ordinance to amend the Tax Code published,...

UniCredit Bank analysts are issuing a warning that the Romanian government is repeating many of the mistakes that have led to the recession of 2009-2010. The quoted experts are mentioning both the fiscal policy that is risky for the economy, as...

Employees earning more than five monthly gross wages will be required to pay more to healthcare and pension contributions, starting with April, after the government decided, on Friday, through an emergency ordinance to eliminate the cap on these...

• There are more "clever boys" leeching off the company than those involved in the direct bilateral contracts  

The economic crisis had a negative impact on pension funds, as it caused an increase in the number of customers who were unable to honor their obligations, and has delayed the "schedule" for raising the minimum required contribution, said...