President Klaus Iohannis on Monday argued that mayors must be elected in two rounds and stressed that a real partnership between central and local public administration is needed. “The messages I have for the mayors of municipalities are general messages, which I will give to the other mayors. For example,...
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Romania’s National Agency for Fiscal Administration (ANAF) is preparing to seize the main residence of former president Klaus Iohannis to recover a debt of about EUR 1 million, Antena3.ro reported, as quoted by B1tv.ro. The sum stems from rent revenues that were...
Romania’s president Nicușor Dan has pledged to tackle the judiciary’s weak performance once the issue of magistrates’ pensions is resolved, G4media.ro reported. The statement has sparked debate over...
The real estate developers can charge no more than 5% of the value of a contract as payment in advance, based on a preliminary note, and will have to return the money to the customer unless it signs the contract or promissory note within 60 days due to the sole default of the developer, according […]
Romania’s public health insurance system collected an additional RON 500 million (EUR 100 million) in August–September following the implementation of the first package of fiscal reforms under Law 141/2025,
The average net wage in Romania increased by only 4.6% y/y to RON 5,499 (EUR 1,075) in the third quarter of 2025 (Q3), slowing down from +7.6% y/y in Q2 and +9.7% y/y in Q1 and a double-digit rate in 2024, according to data published by the statistics office (INS). The rising inflation, at 9.2% […]
Romania’s central bank (BNR) on November 12 decided to keep the monetary policy rate at 6.5%, in line with the consensus expectations. It has also updated the Inflation Forecast, anticipating a widening aggregate demand deficit with an impact on the disinflation trajectory, particularly after the end of September 2026, when the transitory inflation episode subsides. […]
