The arrears of the general consolidated budget decreased by 14.3% in December 2023, as compared to the previous month, at 279.97 million lei, from 326.63 million lei in November, according to the data published on the site of the ministry of finances (MF).Arrears over 90 days decreased by 2.72% from 110.6 million lei to 107.6 million lei, those over 120 days decreased by 32% from 155.9 million lei in November 2023 to 106 million lei in December 2023. Arrears over 360 days increased by 10.3%, from 60.2 million lei to 66.4 million lei. According to the quoted source, as regards the local budgets, the arrears diminished by 15.6% from 304.86 million lei (in November 2023) at 257.31 million lei (December 2023).Debts over 90 days decreased by 5.14% to 101.5 million lei, those over 120 days decreased by 33.25% to 98.6 million lei, while arrears over 360 days increased by 14% to 57.2 million lei. In the "State budget and autonomous" chapter, arrears increased from 21.78 million lei in November 2023 to 22.66 million lei in December 2023 (+4%). Arrears over 90 days increased by 66.6% to 6 million lei, those over 120 days decreased by 9.8% to 7.4 million lei and those over 360 days decreased by 8% to 9.2 million lei.
President Nicușor Dan said the “rule of law is not negotiable” and stressed that serious problems affecting the justice system can be resolved, as public concern grows following allegations of corruption highlighted in a recent investigative documentary by Recorder titled “Captured Judiciary.” People
Romanian authorities have reportedly confirmed an increase in “super flu” cases in December after the virus caused unprecedented problems in other European countries. In total, over 3,000 flu cases were reported in Romania in just the first week of December, double the number recorded in the previous week (1,504), Euronews Romania reported. The virus is […]
This autumn, a mature linden tree on the campus of the British School of Bucharest (BSB) was relocated to a new position within the school grounds to make space for the development of new sports facilities. The operation, supervised by two UK specialists from Ruskins Trees & Soil Biology Ltd, represents the first such relocation […]
Romania continues to record the largest value-added tax gap in the European Union, losing around one-third of both VAT and corporate tax revenues, according to an analysis by PwC Romania based on the VAT Gap in Europe report by the European Union. The country has held the top position in VAT non-collection for the past […]
Romanian companies recorded higher profitability than peers in Bulgaria, the Czech Republic, Hungary, and Poland across nine economic sectors, positioning Romania among the most attractive regional markets for investors in selected industries, Ziarul Financiar reported, citing a joint study by the Bucharest...
Romania ranks 19th globally for mobile internet speed, surpassed not only by advanced economies in the region but also by neighboring countries, which have accelerated investments in mobile infrastructure and managed to achieve faster and more stable connections, according to Economica.net,...
