President Klaus Iohannis on Sunday, after consultations with parliamentary parties, said that it is possible for a pro-European coalition government to be formed "very soon.""The pro-European coalition formed by PSD - PNL - UDMR [Social Democratic Party, National Liberal Party, Democratic Union of Hungarians in Romania] and minorities came together with all the leaders, they requested the four leaders come together, and they informed me that negotiations for finding a solid governmental equation are close to finalisation. There are premises that very soon we will have a completed governmental formation as a result of the negotiations," said the head of state at the Cotroceni Palace.The head of state held consultations with parliamentary parties earlier in the day regarding the appointment of a prime minister. The PSD - PNL - UDMR coalition, along with minorities, and Save Romania Union (USR) responded to the invitation, while the Alliance for the Union of Romanians (AUR), S.O.S. Romania and the Party of Young People (P.O.T.) refused to attend.Klaus Iohannis mentioned that negotiations would continue throughout Sunday."I am optimistic that immediately after the election of the presidents of the two chambers, I will be in a position to make a nomination for the prime minister position," he said.
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 […]
