The rigid approach, of tightening the fiscal environment, is the worst option that the Government can take at the present time, said Adrian Izvoranu, vice-president of the Romanian Employers' Confederation of Industry, Agriculture, Constructions and Services, on Tuesday."In general, this rigid approach, of tightening the fiscal environment, is the worst option that the Government can take at the present time. If it wants money, the finance minister must relax the fiscal environment and not harden it. He must diversify and increase his collection base. He has to have somewhere to collect, he has to computerize and upgrade its collection apparatus. And that's about it," Adrian Izvoranu told the press conference on "What do we do with Romania's economy?", organized by the Association for Economic and Social Studies and Forecasts, the Chamber of Industry and Commerce of Romania and Romanian Employers' Confederation of Industry, Agriculture, Constructions and Services".He also spoke categorically against an increase in taxation and VAT."Increasing VAT and, in general, increasing taxes is an unfortunate measure, the worst that can be taken and will never bring extra money," said Adrian Izvoranu.The Government approved, on December 30, 2024, the Emergency Ordinance on some fiscal-budgetary measures in the field of public spending, for the substantiation of the consolidated general budget for 2025, for amending and supplementing some normative acts, as well as for the extension of some deadlines.
Via Dobrogeana, a planned trail covering the southeastern part of the country, aims to offer travelers the opportunity to explore the region's cultural and ethnic diversity. The trail will be about 850 km long, stretching from the 17th-century Sfânta Precista Monastery in Galați to Ialomița County. Via Dobrogeana will be a mixed route. In addition […]
Deep Purple, one of the most important rock bands in the world, is set to return to Romania for a concert on October 1, 2026, at the BT Arena in Cluj-Napoca. A giant in global rock, Deep Purple is one of the most appreciated bands in the world. The group boasts five decades of chart-topping […]
Profluo, a startup that automates a company's financial processes using AI, has attracted investment from corporate venture capital fund BCR Seed Starter, Inspire Capital, and other investors in a EUR 850,000 funding round. BCR Seed Starter, which led the round, invested EUR 500,000 in Profluo. The funding will support the company's plans to scale its […]
The Romanian film “Catane,” signed by Ioana Mischie, will have its world premiere at the International Film Festival of India, held annually in Goa. This year's edition is scheduled between November 20 and 28. The Romanian-Italian comedy stars Costel Caşcaval, Iulia Lumânăre, and Cristian Bota. The first screening of the film is scheduled for November 24. […]
CTP, a leading developer, owner, and manager of industrial and logistics properties, said that it delivered a new 65,000 sqm e-commerce fulfilment centre for LPP Logistics in CTPark Bucharest West. Construction of the building in the Bolintin-Deal area began in March 2025 and was completed in about half a year. According to CTP, “it stands […]
London’s New Bond Street has been crowned the world’s priciest retail destination for the first time, while Bucharest’s Calea Victoriei is in 39th place globally, according to Cushman & Wakefield’s latest Main Streets Across the World report. Rents in Calea Victoriei recorded the 3rd highest growth among the 50 analysed markets worldwide. Calea Victoriei, the […]
