Interim Chairman of the Social Democratic Party (PSD) Sorin Grindeanu stated on Monday that there are still two chapters in the second package regarding the budget deficit which require further discussions - administration and fiscal measures.He mentioned having held several meetings in the past week with Prime Minister Ilie Bolojan in order to find solutions."I said this - we don't have any issue regarding the regulation aimed at eliminating privileges. (...) We are advanced within the PSD and we can say that everything currently under public debate regarding healthcare has also been approved. There are two proposals under public consultation - regarding administration and fiscal measures - which require further discussions this week. What have we cleared today? Yes, ok, on everything related to the package eliminating privileges, without any hesitation. Yes, we're going to all working groups, whether on administration, fiscal or as today, on the PNRR [National Recovery and Resilience Plan] and we bring our contribution, obviously, a constructive contribution. We are aware that this ordinance on PNRR must be issued and, the moment we have the full picture, yes, we can come up with a matter we care deeply about and which was broadly presented in the BPN [National Political Bureau], namely proposals for economic recovery," Grindeanu stated at the PSD central headquarters after the party's BPN meeting.According to the PSD leader, Radu Oprea, together with other colleagues, a first draft has been completed regarding economic recovery and it shall be presented to the Prime Minister.Asked if he will return to the coalition meetings, Grindeanu said: "I said that at the moment, we are doing the following - on each level, we go and try to overcome this situation. (...) We need to learn to work within a coalition of four parties plus a minority group and begin to understand that decision-making mechanisms within the coalition must be observed. I can give you an example and I am glad that at the the end of last week, it was possible to reverse a decision that would have put the coalition in a difficult position, namely, approving on Thursday the emergency ordinance I was talking about, the regulation on the PNRR without it being prior discussed or approved, and thus, in a hastily manner."
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
