Fiscal measures like taxes on business figures will be found in prices, having an effect similar to VAT increase, says Dragos Anastasiu, president of Rethink Romania, at the 11th edition of the European business forum in Romania – Eurosfat, and event organized by Europuls- the European Expert Center. Anastasiu said that fiscal measures were adopted starting from the idea that if we do not take action, we will no longer receive 75 billion euros, but he thinks that Romania will get European money if the country is able to absorb European money. On the other hand, he declared that Romania must have structural reforms because it has a faulty general fiscal frame. Anastasiu considers this fiscal package addresses causes only partially and is trying to fill some holes, but these changes cannot be made overnight because it would leave in offside the whole business environment. He also spoke about the lack of equity, mentioning that it comes from three areas: the comparison between the budget sector and business, the latter suffering during the pandemic ; the inequity between various areas of the private environment, fiscal evasion – the biggest inequity towards companies which function correctly. Anastasiu gave as example tourism, a sector in which he works. He said he had an investment in the Danube Delta, in Sfantu Gheorghe and pointed out that his company was controlled by the authorities, while others were not because they did not have a functioning license.
Two Romanians were arrested during Sunday night, May 11, after robbing empty houses in the evacuated mountain village of Brienz located in the Swiss canton of Graubünden. The village had been evacuated since November due to rock falls. The locality was, however, monitored by the authorities to prevent break-ins. The would-be thieves apparently tried to […]
The European Bank for Reconstruction and Development, or EBRD, has revised its estimates regarding the evolution of the Romanian economy in 2025 downward to 1.6%. The bank expects Romania’s GDP to grow 0.2% less than the 1.8% estimate made in February, and to increase by 2.4% in 2026. Romania's GDP growth slowed to 0.8% in […]
During a meeting on Monday, May 12, the Cluj-Napoca Local Council approved a draft resolution that imposes smoking restrictions in several public spaces in the city, including public transport stations, parks, and sports facilities. The resolution was adopted with 22 votes in favor and 3 abstentions, and will come into effect 90 days from the […]
An internal survey by Romanian Business Leaders, which does not have national representativeness but was answered by 417 entrepreneurs, shows that 62% of entrepreneurs expect to have to make layoffs, while a third expect the number of employees to remain the same. The expected layoffs are directly connected to the possibility of Romania choosing a […]
Romanian Istvan Kovacs will be the main referee for the UEFA Champions League final between Paris St-Germain and Inter Milan, which will be played on May 31 in Munich. The match will be Kovacs’ third European final in the last 4 years. The 40-year-old referee has previously officiated the UEFA Europa Conference League final in […]
Over 70 museums across Romania will open their doors after hours for the 21st edition of Night of Museums, one of the country's most anticipated cultural events. Held on the night of May 17, the event offers visitors a unique opportunity to explore exhibitions, installations, and creative activities in an unconventional, late-night setting. From major […]
