The chairman of the National Liberal Party (PNL), Nicolae Ciuca, announced on Monday that the Political Bureau of the party voted for the government's responsibility for the measures to reduce expenses and fiscal measures."The subject that is of major interest to everyone is that of the engagement of government responsibility for the measures to reduce expenses and fiscal measures. We had discussions at the level of the PNL leaders and I presented as clearly as possible what are the fundamental elements that the PNL has supported and continues to support to take on this responsibility. The fundamental elements are three in number, namely: reducing budget expenditures, reducing fiscal evasion and fiscal measures," said Ciuca, after the meeting of the National Political Bureau of the PNL.He reiterated that PNL continues to support the maintenance of the flat tax rate, will continue to support private entrepreneurs, the economic environment by maintaining the dividend tax rate at 8%.Ciuca specified that the PNL supports maintaining the current VAT rate and affirms that at the level of the entire governmental structure, measures should be identified by which large companies pay tax on the profit they make in Romania."We support that at the level of liberal professions and Authorised Natural Person (PFA), a ceiling should be imposed for Social Health Insurance Contributions (CASS)," the PNL leader added.He specified that, beyond these measures, another package is needed to support investment and economic growth measures."There are three lines that we can approach, it is about fiscal facilities, for utilities and personalized state aid for investments that exceed the amount of 50 million euros," Ciuca pointed out.
Romanians are worse off now compared to 6 months ago, and 2026 will also be difficult, but from 2027 and then on, there is hope, said president Nicusor Dan during an interview with Romania TV. The government targets a deficit of 8.4% of GDP this year, marginally below 8.65% of GDP in 2024. To tackle […]
Imran Vilcassim, Chief Commercial Officer, Digital Platforms at BPC, explores how Romania’s booming digital payments outpace merchant readiness and why mobile POS is emerging as the practical solution. Romania’s digital payments volumes are rising fast, but merchant infrastructure isn’t keeping up. Independent market models estimate total digital payments will reach nearly
The attributes needed to reach the top of the business hierarchy, how to motivate and support the teams one works with, and how to tackle the unavoidable challenges that arise along the way were among the topics discussed at the event Inspiring Women in Business, organized by La French Tech Bucharest. Making it to a […]
More than half of the elderly people in urban areas in Romania face loneliness, and almost 310,000 of them experience it at a high level, according to a study conducted by the Association Never Alone, Friends of the Elderly, in partnership with Kantar Romania. The study, carried out in August 2025 on a representative sample […]
Square 7, part of retail park investor M Core, officially inaugurated its new Bucharest office last week, marking an important milestone for the company. More than 150 guests joined the event, including partners, collaborators, and team members. M Core is a family of property investment and management companies comprising LCP, Sheet Anchor, Proudreed, and Sheet […]
Real estate developer Hagag Europe Development has expanded its Romanian operations into the energy sector with the acquisition of BTD Distribuție și Furnizare, a local company specializing in natural gas infrastructure, distribution, and supply. The company has opened a new local division - Hagag Energy - and announced plans to invest more than EUR 400 […]
