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.
In the absence of current negative influences, Romania’s economy could have an annual growth potential of 3-4%. Political instability and global geopolitical risks are dampening growth. Economic growth in 2024 was driven by wage increases and accelerating consumption, satisfied however largely through imports. Due to a decline in domestic economic competitiveness, net exports contributed negatively […]
The Bucharest Stock Exchange (BVB) announced on Thursday, March 13, the launch of a new financial education section on the BVB Research Hub platform, dedicated to retail investors. The capital market operator said that it started this project out of the need to increase the level of financial education and promote the investment culture. It […]
The Romanian governing coalition's presidential candidate, Crin Antonescu, announced on Thursday, March 13, that he is launching a podcast designed to popularize his candidacy before the May elections. Antonescu, who is backed by the alliance made up of the Liberals (PNL), Social Democrats (PSD), the Democratic Alliance of Hungarians (UDMR), and the minorities, stated that he will […]
Some 4,500 teachers will learn about rights and responsibilities online, accessibility, inclusion, online well-being, and ethics as part of Incubatorul Civic Digital (ICD - The Civic Digital Incubator), a digital citizenship and democratic culture project implemented by Institutul Intercultural Timișoara, Asociația TechSoup and Școala de Valori. The project, which offers free training, is aimed at […]
Mihaela Murariu, Attorney at Law at Grecu Partners Business Law Firm, analyzes the impact of Artificial Intelligence on personal data protection. Artificial intelligence (AI) has become a ubiquitous technology, used in more and more fields, from marketing and healthcare to recruitment and financial services. However, the widespread use of AI raises numerous questions about privacy […]
Starting next week, the gardens and interior of the presidential Cotroceni Palace in Bucharest will be open to visitors every weekend, from Friday to Sunday. Interim president Ilie Bolojan announced the initiative, emphasizing it as a gesture of respect and openness from the Presidential Administration. “Every weekend, from Friday to Sunday, this entire area, including […]
