The government approved the memorandum under which Romania will be able to continue providing technical and financial assistance to the Republic of Moldova in several areas, to support its European path, said Government spokesperson Dan Carbunaru."The memorandum approving the negotiation and signing of the agreement between the Government of Romania and the Government of the Republic of Moldova on the implementation of the technical and financial assistance program based on a non-reimbursable financial aid of 100 million euros granted by Romania to the Republic of Moldova has been endorsed. Practically, the Government has given its go-ahead for the negotiations and the signing of a new agreement under which Romania will continue to provide technical and financial assistance to the Republic of Moldova to support its European path, given that the old agreement allowing Romania to finance important projects in the Republic of Moldova was no longer in force as of March 28 last year," Dan Carbunaru told a news conference at Victoria Palace on Wednesday."Through the old agreement, Romania technically and financially supported projects such as the rehabilitation and modernization of 1,000 kindergartens, schools in the Republic of Moldova or the development of the Iasi-Chisinau Gas Pipeline, a strategic energy interconnection project between Romania and the Republic of Moldova. Further, the agreement will include provisions for the development of cooperation in the energy sector, transport infrastructure, environmental protection, combating climate change, public works and infrastructure, SMEs, media independence, public administration reform, Home Affairs, Health, Education, Culture and Heritage, Research and Tourism," Carbunaru also specified.
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
