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.
Romania took the presidency of the Central European Initiative (or CEI) on Wednesday, November 26, according to a press release from the Ministry of Foreign Affairs (MAE). The organization is a regional intergovernmental forum established in 1989, following the fall of the Berlin Wall. It gathers 17 Member States in Central, Eastern, and South-Eastern Europe […]
Trade between Romania and Poland continues to grow, with annual bilateral exchanges in goods now valued at more than EUR 12 billion, according to figures presented by the Polish-Romanian Bilateral Chamber of Commerce and Industry (PRBCC). The data was released during a reception in Bucharest marking Poland’s Independence Day and Romania’s National Day. Polish investments […]
As Romania moves closer to implementing the EU Pay Transparency Directive, local employers are preparing for one of the most consequential shifts in workplace regulation in over a decade. The directive, set for transposition by June 2026, introduces strict new rules on salary disclosure, pay reporting, and equal-pay verification, aiming to close persistent gender gaps […]
A young Romanian has developed a new system that allows people to return entire bags of recyclable packaging at once, replacing the traditional method of inserting bottles one by one into reverse-vending machines. The concept, called IZI, was created by Ștefan Parascanu, who returned to Romania after studying and working in the United Kingdom. The […]
JTI, the global owner of both Winston and Camel, announced on Thursday, November 27, a plan to build a new, state-of-the-art factory in Ștefăneștii de Jos, Ilfov County. Designed to replace the current Bucharest production site, which is operating under space constraints, the facility is scheduled for completion in 2027. Ground works at the new […]
The City Hall of Oradea, in northwest Romania, has begun installing new smart parking meters as part of its ongoing modernization and digitalization of the municipal parking system. The first batch of devices has already been placed in central areas, and the entire system is expected to become operational by the end of the year. […]
