Finance Minister Adrian Caciu said on Wednesday that Romania's national government revenues in January 2022 were 31% higher than in January 2021, "an increase in net amount of 7 billion lei."He released at a government meeting on Wednesday the January data on the revenue collection to the national budget requested by Prime Minister Nicolae Ciuca."We are waiting for the other revenues, but on tax revenues we are 31% up, 45% in the actual national budget; we have additional revenues in the insurance budgets as well. You can see that the business environment, as long as we have these discussions, understands the situation in Romania and the fact that the government is concerned to plough back into the business environment under business programmes and economic stimuli," said Caciu.The minister emphasised that the results of voluntary compliance were "felt".Prime Minister Nicolae Ciuca said the information provided by Caciu was good, but called for moderate enthusiasm. "Our goal is to fight tax evasion and collect as much as possible for the national budget, so that we can meet our objectives in the governing agenda," he said.
Romania has one of the lowest levels of property taxation in the European Union, with annual payments averaging under EUR 100 per person - more than seven times below the EU average, real estate consultancy Cushman & Wakefield Echinox said in an analysis based on Eurostat data. The study found that Romania collects property tax […]
The City Hall is set to hold a series of events dedicated to the Bucharest Days celebration on the weekend of September 20-21, including open-air concerts, theater performances, film screenings, exhibitions, and guided tours. The event starts with "Open Streets - Bucharest. Urban Promenade," which will bring to life this anniversary weekend on Calea Victoriei […]
A Romanian Air Force C-130 Hercules aircraft evacuated 10 Palestinian patients from Gaza on Wednesday, September 17, in a humanitarian mission coordinated with European and international partners, Romania’s Department for Emergency Situations (DSU) said. The patients, accompanied by 28 relatives, were flown from Israel’s Ilan and Asaf Ramon International Airport to Bucharest’s 90th Airlift Base […]
Romanian developer One United Properties (BVB: ONE) has signed a memorandum of understanding (MOU) with lifestyle hospitality company Ennismore to open a hotel under the brand The Hoxton in Bucharest. The Hoxton Bucharest will be located on Academiei Street, close to the University of Architecture. The hotel will rise on the site of three historic […]
Fewer than three out of four Romanians have a good opinion about the introduction of voluntary military service, a ratio slightly lower compared to a decade ago in 2015, the percentage being now lower among the AUR and PSD electorate, according to an ISCOP Research survey published on September 17 in the context of Russia […]
Romanian president Nicusor Dan informed the Parliament that he approved a request by the United States to bring additional forces to Mihail Kogalnicanu base at the Black Sea, in light of the rising tensions in the Middle East, according to
