Articles 26 - 50 of 102 by " Iulian Anghel"
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Govt Spends RON15B More In December, Drives Budget Into Deficit
21 ian 2016
Romania’s general consolidated budget switched from a surplus of 5.3 billion lei (EUR1.2 billion) or 0.76% of the gross domestic product in November 2015 to a deficit of about RON9 billion to RON10 more
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Drought Causes Economic Growth Forecasts Revision
9 sep 2015
The extended drought that announces a very bad agricultural year is making macroeconomists revise their 2015 growth forecasts downwards. more
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Government Investments At Ten-Year Low
28 aug 2015
The Ponta Government announced a record budget surplus of 1% of the gross domestic product, 7 billion lei (EUR1.6 billion) in January-July, some of which it will use for wage raises, while capital more
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Romania’s EU Fund Absorption Rate At 51% In June
9 iul 2015
Romania’s European Union fund absorption rate sets at only 51% in June, six months before the end of the reference period 2007 – 2013. This is the lowest absorption rate among European Union more
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Government Hikes Lending Threshold For EU Funds By RON1B
1 iul 2015
The Romanian Government increased the threshold for net lending to cover the payment requests within the European Union financed projects by 1 billion lei, to a total RON5 billion. more
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VAT Revenue Up 17% In Jan-May
30 iun 2015
The value added tax revenue in the first five months of the year was 17% higher than in the year-earlier period, and the 3.5 billion lei (EUR779 million) surplus is enough to offset the decline in more
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Government Collected RON4B Less VAT Than Planned In 2014
30 ian 2015
Romania’s tax authority ANAF collected only 50.8 billion lei (EUR11.4 billion) in VAT last year even though it had expected RON54.6 billion. VAT revenue therefore dropped in 2014 for the first time more
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One Third Of Romanians’ Votes Traded Freely In Second Round Of Presidential Elections
3 nov 2014
Victor Ponta and Klaus Iohannis will run in the second round of presidential elections in Romania after a first round where none of the other candidates became a serious option that should tip the more
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A Snapshot Of Romania's Economy In Presidential Election Years
31 oct 2014
In a country that is hoping to match its 2008 gross domestic product as late as this year, the Romanian citizens who are allowed to vote are called to elect their President on Sunday. more
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French Investments In Romania, EUR1B Plus In 4 Years
14 iul 2014
France is the fourth largest investor in Romania, with EUR5.2 billion worth of investments. It is also Romania’s fourth largest trade partner, with commercial exchanges going constantly up and more
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Romanians In EU Sent EUR37B Back Home, Yet Politicians Ignore Them
21 mai 2014
The two million Romanians working in the EU, most of them in difficult conditions, were ignored by the very peoople who could have fought for them in the European Parliament. more
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Case Of Doctors With Lots Of Bribery Money In Their Accounts Shows Tax Authority Is Inefficient
30 apr 2014
Six hundred thousand surgeries are performed in Romania every year. Assuming an informal payment of EUR500 to EUR1,000 for each of them, doctors get EUR300 million to EUR600 million a year. What is more
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NATO Accession In 2004 Put Romania On Investors’ Radar
1 apr 2014
Romania’s accession to the North Atlantic Treaty Organization (NATO) on April 2 ten years ago turned out to be very important for the Eastern European country's economy, not only for its security. more
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Isarescu Suggests Euro Adoption Will Only Happen In 2023
12 dec 2013
Mugur Isarescu, Romania’s central bank governor, took everyone by surprise on Wednesday when he suggested a later adoption of the euro than in any of the scenarios mentioned so far. more
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Businesspeople: Ziarul Financiar Should Continue To Be The Lion That Watches Over The Economy
19 nov 2013
Ziarul Financiar on Monday celebrated 15 years since its market launch through two events, one at the Bucharest Bourse and another at the headquarters of the National Bank of Romania, through the more
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Ponta Denies Plans To Raise Flat Tax In 2014
25 oct 2013
Recent information alleging Romania’s social-liberal ruling coalition USL plans to increase the flat tax from the current 16% to 22%, in a move to boost state budget revenues, has caused quite a more
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France Fails To Back Romania's Schengen Entry Despite Its Multiple Businesses Locally
1 oct 2013
While Romanian-French relations are heading towards a dead end, Romania remains a source of wealth and profit for France which has businesses in Romania in the banking, gas, auto, cement and telecom more
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Confidence In Romanian Economy Reaches 16-Month High
25 sep 2013
The confidence in the Romanian economy climbed to a 16-month high thanks to an improvement in perception of conditions in the current business environment, according to the macroeconomic confidence more
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What The Romanian Government Has Committed To In The Future Agreement With The IMF
6 aug 2013
The major listings scheduled for this year, Nuclearelectrica and Romgaz, have been postponed until the autumn of next year. On the other hand, the healthcare reform package will be ready by September, more
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Spectacular Leap In EU Fund Absorption: EUR700M Refunded In July, Almost As Much As In 1H
1 aug 2013
Romania’s EU fund absorption rate leapt spectacularly in July, when the country attracted over EUR700 million. The amount is almost similar to refunds attracted by Romania in the first six months of more
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Ayrault Says Pleased That France’s Trade Deficit In Relation To Romania Is Narrowing
12 iul 2013
French Prime Minister Jean-Marc Ayrault said it is important that commercial ties between Romania and France have become more balanced, considering that since 2009 Romania has seen a trade surplus of more
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Deindustrialization To Shrink Romania’s Population To 8Mln By 2100
11 iul 2013
Romania will have 15 million inhabitants in 2050, 12 million in 2070 and 8 million by 2100, according to Vasile Ghetau, Professor at the Romanian Academy. more
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Ambassador Philippe Gustin: Low Wages, And Not Only That, Keep French Investors In Romania
9 iul 2013
French investors have stayed in Romania, despite the economic crisis, because the country continues to offer interesting opportunities –cheap and skilled workforce and the possibility of developing more
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Romania Risks Losing EU Funds Due To A Disastrous Absorption
8 iul 2013
Romania obtained refunds of only EUR23 million in June from the European Commission and submitted refund requests for only EUR227 million, which means it risks losing a great deal of EU funds. more
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Government’s Failure To Get EU Funds Causes 14% Drop In Infrastructure Construction
14 mai 2013
Ponta Government claims it made investments in infrastructure using EU funds a priority but statistics show otherwise. Zero SOP-T infrastructure funds in the first quarter, 30% drop in payments for more