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CFA Romania: The indicator of macroeconomic trust increased marginally in March

May 14, 2018
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PSD leader Sorin Grindeanu denies plans to leave Romania's ruling coalition amid internal dissent

Social Democratic Party (PSD) president Sorin Grindeanu has firmly denied rumours that the party intends to leave Romania's ruling coalition, dismissing such claims as baseless and criticising those spreading them. His statement came during a press conference on July 21, amid growing internal tensions over the government's fiscal decisions, particularly the suspension of funding for […]

Romanian PM assures that mature Anghel Saligny projects will continue despite funding freeze

Romanian prime minister Ilie Bolojan has offered assurances that public investment projects already in advanced stages under the Anghel Saligny National Programme will continue, despite the government’s decision to halt broader funding for the scheme due to budgetary constraints.  His statement was made during an interview on B1 TV on July 21, following a wave […]

Romania’s Social Democrats propose 0.5% turnover tax for profit-tax-paying companies

The Social Democratic Party (PSD) of Romania will propose a new 0.5% turnover tax to apply to companies that currently pay profit tax, PSD president Sorin Grindeanu announced during a press conference on July 21, Economica.net reported....

European medical chain Affidea adds three new clinics in Romania

The chain of medical clinics operated by the European medical group Affidea expanded to 74 after it acquired three new clinics in Otopeni, Miercurea Ciuc, and Braila. The national chain now covers 32 cities, according to a group's press release.  "The Affidea Romania investment plan for 2025 will exceed EUR 100 million, which will be […]

Romanian government launches initiative to identify viable public-private partnership projects

Romania’s Ministry of Finance has launched a coordinated inter-institutional initiative aimed at building a national portfolio of investment projects that can be developed through public-private partnership (PPP) mechanisms, the ministry announced on July 21. The programme seeks to identify projects with significant economic and social impact that can attract private capital and expertise. Finance minister […]

Romania’s public debt still below EU average but growing fast

Romania ranks as 16th of the European Union’s 27 members by the public indebtedness ratio, with a public debt of 55.8% of GDP at the end of Q1, still below the EU average (81.8%), according to Eurostat data.   However, Romania’s public debt is rising faster than average as the country ranks third in the […]