Prime Minister Dacian Ciolos said on Wednesday that during his meeting with British Premier David Cameron, he insisted on the need to finding solutions in connection with the free movement of workers in the European Union that would not come against the social rights conferred through the European legislation, showing that most of the Romanians who work in Great Britain pay their taxes. "I have talked with the British Premier (...) about the propositions the United Kingdom has to improving the activity within the EU and to thus have a positive approach of the UK as regards its staying in the EU. They are mostly right, their propositions could be supported by Romania except for the matter of the rights of the workers in the EU, the free movement of workers, of the employees. Here I have insisted on the need to finding solutions that would not come in contradiction to the rights that are already conferred by the European legislation, in particular when it comes to the social rights, given that most of the Romanians who go to Great Britain, they go there to work, so they pay taxes and I believe that in the future solutions could be found to consider these preoccupations of Romania," said Dacian Ciolos at the Victoria Palace. He added that they have also tackled the topic of the bilateral relations between the two countries and the need to boost the economic cooperation between Romania and Great Britain. Cameron met Romanian leaders in Bucharest then headed to Warsaw to speak with Poland's new leaders. In Poland, Foreign Minister Witold Waszczykowski called Cameron's plans to limit welfare benefits to migrant workers "a point of contention." Prime Minister Beata Szydlo told reporters she believes the proposed cuts are "not acceptable" but says she is open to discussing the options, AP reports. Despite the divisive issue of benefits, Cameron, a Conservative, will find much in common with the new conservative leadership in Poland, which is Euroskeptic and does not want to adopt the euro currency any time soon.
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 […]
