Measures to cap energy, food and third-party liability insurance policy - RCA prices do not solve the fundamental problems, but are a short-term "band-aid" that creates distortions on the respective markets, according to Radu Burnete, director of the Concordia Employers' Confederation.In his opinion, we must return to competitive markets, where prices are given by supply and demand.According to a press release the employers' association sent to AGERPRES on Tuesday, Concordia representatives participated in consultations on Monday with Prime Minister Marcel Ciolacu and members of the Government on several issues of major interest, such as fiscal consolidation in the short and long term. The meeting also discussed important measures for the business environment.The prime minister outlined the government's plans to bring the public deficit under control. Concordia representatives expressed concern about the dynamics of this plan and the risk of generating new taxes.According to the quoted source, the PM has given firm assurances, as he has done publicly lately, that there will be no tax increases and that the deficit will be kept under control by cutting spending.Concordia is a strong supporter of the National Agency for Fiscal Administration (ANAF), as an essential tool to reduce tax evasion and bureaucracy, the press release said.Other topics on the agenda of the Concordia delegation's meeting with members of the Government were: unannounced road closures, implementation of the minimum wage directive, Inspectorate for Emergency Situations (ISU) authorisations, tax credit for Research and Development, consumer protection, updating of tourism legislation and the Guarantee-Return System (SGR).
Exim Banca Românească continues the savings campaign under which it pays attractive interest rates, above the market average, for new deposits in lei and euro, over 7 months: interest rates of up to 7.20% per year for lei and 2.50% per year for euro. The offer is available both for the PLUS deposit in lei, […]
In a telecom market shaped by economic pressure, fierce competition, and rapidly evolving consumer habits, Orange Romania is betting heavily on network leadership as its defining advantage. With the largest 5G spectrum investment in the country’s history - around EUR 265 million - the company is doubling down on speed, coverage, and long-term infrastructure at […]
The Romanian job market was marked by extremes in 2025, according to an analysis by employment platform BestJobs. In some sectors, job-seekers dictated the rules, while in others they fiercely competed for a limited number of positions, giving employers the upper hand. In the IT sector, the limited number of available positions led to a […]
Poiana Brașov, a popular mountain resort in central Romania, will host a new winter event format starting in 2026, as Untold Universe launches Massif Week, scheduled to take place between February 27 and March 8. The initiative is designed to diversify the resort’s winter offering and extend the tourist season through a series of indoor […]
A memorial march will take place in central Bucharest on December 21 to mark the victims of the 1989 Revolution, which led to the fall of communism in Romania. The march will follow the Victory Square – University Square – Revolution...
Cushman & Wakefield Echinox announced the completion of the sale of the Zenith Conference & Spa hotel in Mamaia, one of the top hospitality units on the Romanian seaside, to the owners of Steaua de Mare Hotels & Resorts, based in Eforie Nord. The property was previously controlled by the RC2 investment fund and Antares […]
