Bucharest is set to bring back its tourist bus service, following a decision by the city’s General Council on Wednesday, June 25, to establish a dedicated public transport line called “Bucharest City Tour,” Agerpres...
The European Commission decided on Friday to open an infringement procedure by sending a letter of formal notice to Romania, Belgium, Bulgaria, Greece, Spain, Lithuania and Portugal for failing to communicate to the Community Executive the measures for the full transposition of EU Directive 2022/542 regarding value added tax rates. EU member states had to communicate the full transposition of the Directive into national law by 31 December 2024, the EC press release also said. The directive allows for a wider use of reduced rates, including zero rates for essential products such as food, pharmaceuticals or those used for medical purposes. “Member States may exempt supplies of goods and services carried out within their territory by taxable persons who are established in that territory and whose annual turnover at Member State level, relating to those supplies of goods and/or services, does not exceed the threshold set by those Member States for the application of this exemption. That threshold may not exceed EUR 85,000 or the equivalent in national currency. Member States may set different thresholds for different economic sectors, based on objective criteria. However, none of these thresholds may exceed the threshold of EUR 85,000 or the equivalent in national currency,” according to the directive. The European Commission has therefore decided to send a letter of formal notice to the eight EU Member States to complete the transposition and notify their measures to the Community Executive. The mentioned States now have two months to respond to the EC’s requests. In the absence of a satisfactory response, the European Commission could decide to issue a reasoned opinion.
Bucharest is set to bring back its tourist bus service, following a decision by the city’s General Council on Wednesday, June 25, to establish a dedicated public transport line called “Bucharest City Tour,” Agerpres...
Romanian technology company AROBS Transilvania Software (BVB: AROBS) announced the expansion of its presence in the US market through the strategic acquisition of a majority stake in technology consulting firm Codingscape. Announced on Thursday, June 26, the deal involves AROBS acquiring 70% ownership of Codingscape, a company known for its expertise in technology consulting, custom […]
Local officials in Iași, eastern Romania, announced on Wednesday, June 26, the completion of a EUR 60 million tender for the construction of a new tram and bus depot. According to the mayor, the facility will be built to be energy independent. Iași mayor Mihai Chirica noted that there were three bids and that the […]
Bucharest's General Council (CGMB) approved on Wednesday, June 25, the partnership agreement for the development of subway line M7, a major public infrastructure project aimed at connecting Bragadiru to Voluntari. The agreement brings together Bucharest’s District 5 and District 2 City Halls, the Ministry of Transport and Infrastructure, the subway operator Metrorex, and the Ilfov […]
Another selection focused on road movies is on at Elvire Popesco cinema, while the Bucharest public can also attend another edition of Nostalgia, the festival celebrating music for all generations.
President Nicuşor Dan said on June 25, asked about the freezing of pensions and public salaries next year, that this is in the ruling strategy of the government already endorsed by the lawmakers hence, so this might be observed. "Let's start sticking to the things announced in advance," said president Dan, as quoted by