* Today, 18 May, the Commission decided to make EUR 248 million available to Romania and 4 other Member States that were most affected at the beginning of the war and host a large number of refugees. Today, 18 May, the Commission decided to make EUR 248 million available to 5 Member States most affected at the beginning of the war and hosting large numbers of refugees to support their reception and border management systems. The decision follows the global fundraising event on 9 April entitled ‘Support Ukraine’, where the Commission committed to support up to EUR 400 million of refugees arriving from Ukraine to the most affected Member States. Poland, Romania, Hungary, Slovakia and the Czech Republic will receive this emergency assistance from home affairs funds. Member States can use these funds to provide immediate assistance, e.g. food, transport and temporary accommodation, to people fleeing the unprovoked invasion of Ukraine by Russia and to increase their capacity to manage the EU’s external borders. Civil society organisations and local and regional authorities also play a key role in providing assistance and therefore Member States will have to ensure that they also have access to this urgent funding. In order to ensure that payments are made quickly, without considerable administrative burden, the Commission will release the funds on the basis of the results achieved rather than the actual costs. To further support initial reception needs as they evolve, the Commission will make available the remaining EUR 152 million once the budgetary authority has agreed.
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 […]
