The general budget execution on January through October 2015 closes with a surplus worth 9.04 billion lei, namely 1.28pct of the Gross Domestic Product, as compared to the 1.9 billion lei surplus, namely 0.29pct of the GDP recorded in the similar period of 2014, according to data released by the Public Finances Ministry on Wednesday. The incomes of the general budget, worth 191.6 billion lei, representing 27.2pct of the GDP, were in the ten months of 2015 by 7.9pct higher in nominal terms against the same period of 2014, and by 0.6pct weight in the GDP. The expenditure of the general budget went up to 182.6 billion lei, on an uptrend in nominal terms by 4pct as compared to the same period of 2014, yet they diminished by 0.4pct weight in the GDP. A significant growth is noticeable by 36pct against the same period of 2014 of the expenditure with the financing projects from foreign grants. The investment expenses, that include the capital expenditure and the ones regarding the development programmes funded from domestic and foreign sources, were worth 22.7 billion, or 3.2pct of the GDP, in nominal terms by 11.6pct higher than the similar period of 2014.
More than 680 houses in Suceava country and 170 houses in Neamţ county were impacted in the flash floods that hit northeastern Romania at the end of last week. Forty-one houses were completely destroyed, Raed Arafat, the head of the Department for Emergency Situations (DSU), announced on Friday, August 1. Three people were killed in […]
Romanian justice minister Radu Marinescu said on Thursday, July 31, that harsher penalties are being considered for violence against women and domestic violence, including the criminalization of femicide. The minister said that Romania currently has legislation that is fairly adequate, in line with European standards, for combating violence, including domestic violence. He also said that […]
Via Transilvanica, the long-distance trail that crosses the country, will apply to be the first accredited long-distance route in Romania after the government issued the methodological norms regulating the hiking trails of national interest. Tășuleasa Social, the non-profit that developed the trail, called the recently issued norms "a huge step that transforms a bold idea into...
Former prime minister and Social Democratic leader Marcel Ciolacu stated that he does not rule out a candidacy for the presidency of the Buzău County Council, after rumors to that end. PSD Buzău president Romeo Lungu had previously told journalists that discussions are underway for the former prime minister to run for the Buzău County […]
The Balneo-Physiotherapy Clinic in the Călimănești resort town, southern Romania, will undergo rehabilitation with a EUR 10 million financing from the European Union, according to representatives of the Vâlcea County Council. The project implementation period will be 24 months from the completion of the tender for the execution of the works, which include, in addition […]
Bringo, the first personal shopper-based rapid grocery delivery service in Romania, handling over 4,000 daily orders in more than 35 cities, launches a loyalty program that turns shopping into a continuous reward experience. "Beyond functional benefits like discounts, free delivery, or double refunds for SGR packaging collected right at your doorstep, Bringo YOU offers a […]
