Prime Minister Ilie Bolojan met on Wednesday with a delegation of the international rating agency Moody's, in the context of the periodic visits they pay to Romania.According to a Government's press release, the discussions addressed the measures adopted by the Government to balance the budget situation, as well as issues regarding political stability."The prime minister said that Romania is going through a budget crisis that can be overcome through a coherent set of packages of measures. These aim to reduce state spending, increase budget revenues, and prioritize public investments. In this regard, the prime minister stated that other reform measures will follow, aimed at ensuring better financing and phasing of investments, as well as correcting existing inequities," the press release reads.The meeting also provided an opportunity for a discussion on Romania's positioning in the current regional context, the relationship with the European Union, the level of military spending and other external challenges, the cited source specified.The discussions were also attended by the head of the Prime Minister's Chancellery, Mihai Jurca, the Minister of Finance, Alexandru Nazare, and Stefan Nanu - the head of the Romanian State Treasury."The Romanian Government will continue to pursue maintaining economic stability and strengthening the country's credibility with international partners and investors," the release concludes.
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 […]
