The coalition with PSD (Social Democratic Party) is a compromise and "it is not unconditional," the PNL (National Liberal Party) chair, Florin Citu, stated on Monday."We went to consultations after we made some decisions. (...) Now it's time that Romanians learn why we made these decisions in PNL. There have been two months in which a majority has not been found, we've tried several formulas and we've reached this compromise to make this governing coalition. (...) We make this governing coalition because all the other options if we did not make this coalition now were much harder for Romanians. It is an important moment. We took this decision, but I want to assure the Romanians that this coalition is not an unconditional coalition, I will monitor how this coalition will work and I will make sure that the interests of the Romanians will never be questioned and that the financial stability of Romania will never be put in danger. So I want to assure the Romanians that this coalition is a compromise that we are making at the moment, but it is not unconditional, we will continue to fight for the Liberal principles, you have seen them in the governing programme and we will always fight for them and we will always fight for these Liberal principles in this coalition," said Citu, at the PNL headquarters.He maintained that the PNL team of ministers had been validated by the list and no roll-call vote had been taken at the National Political Bureau meeting.
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 […]
