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Banks, required to report daily to ANAF opening, closing of accounts; ANAF prepares necessary procedures

December 29, 2015

Banks will be required to report daily to the National Fiscal Administration Agency (ANAF) the list with those who open or close a bank account of any kind, rent or renounce a safe-deposit box, according to the Fiscal Procedure Code that will take effect on January 1, 2016. “Lending institutions are compelled to provide the […]

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Romanian Tudor Giurgiu’s latest film Libertate promoted in New York, Atlanta and Los Angeles

Romanian director Tudor Giurgiu returns to the United States this month to promote his latest feature film, Libertate/Freedom. Scheduled for May 4-13, the tour starts in Los Angeles, passes through Atlanta, and ends in New York. The film will be screened as part of the South East European Film Festival in Los Angeles on Saturday, May 4, […]

Nine Romanian citizens and their families extracted from Gaza

The Romanian Ministry of Foreign Affairs (MAE) announced on May 1 that, following the efforts of the Interinstitutional Crisis Cell through the Romanian Embassy in Cairo and the Romanian Representative Office in Ramallah, nine Romanian citizens and their family members were evacuated from Gaza Strip and reached the territory of Egypt through the Rafah border […]

Increasingly more senior members of Romania's far-right AUR leave the party

Over the past three months, dozens of members and heads of regional organizations or even party candidates have left the far-right party AUR, accusing its authoritarian leadership, G4media.ro reported. Other...

Clotilde Armand leads in poll for mayor seat in Bucharest’s District 1

Clotilde Armand, the candidate of the United Right Alliance (ADU) for the mayor seat in Bucharest’s District 1 and the district’s incumbent mayor, is rated at 37.3% of the votes, according to an IPSOS survey carried out for Clotilde Armand. Armand is followed by the candidate of the ruling coalition formed by Social Democrats and […]

Romanian president promulgates Wind Offshore Law, details to be set by June 2025

The law that regulates investment in offshore wind energy projects will enter into force on May 30, after the bill was promulgated by the president of Romania, Klaus Iohannis, the Ministry of Energy announced on April 30. However, the key details, including the royalties, will be set and approved by the government by mid-2025. “Romania […]

Hidroelectrica closer to completing new 65MW hydropower complex

Hidroelectrica (BVB: H2O) is close to resuming works and completing the Bumbesti-Livezeni hydropower complex after the government waived this year (again) the environmental impact study for the project by declaring it as a project of national interest and public utility, according to