The salaries in the local business services industry have seen a 4% increase in March 2024 compared to September 2023, according to the HR Barometer conducted by the Business Service Leaders Association (ABSL) and PwC Romania.
Bucharest leads in salary increase levels at 4.7%, while the region of Banat - Transylvania witnessed an increase of only 2.1%. The staff categories that have seen increases are those of executive manager (9.8%), team leader (3.8%), specialist...
The American Chamber of Commerce in Romania (AmCham Romania) expresses its concern over the fiscal measures announced by the Government, but also about the immediate deadline for their implementation, January 1, 2025, which puts the business environment in a difficult situation and further affects economic predictability and investor confidence."Over the past five years, AmCham […]
Romania has become a full member of the Schengen Area at midnight, in the night between Tuesday, December 31, and Wednesday, January 1.Thus, after joining the free movement space with its air and sea borders, as of Wednesday, Romania also joined the Schengen area with its land borders.According to the General Inspectorate of the Border […]
Romania will hold repeat presidential elections on March 23 and April 6, 2025. The previous results were canceled due to large-scale cyberattacks and suspicions of external interference. The ruling coalition of Romania has established the dates for the repeat presidential elections following the Constitutional Court's decision to annul the results of the previous vote. […]
The budget deficit climbed to 7.12% of GDP after the first 11 months of 2024, compared to 6.19% of GDP after 10 months, or 4.58% of GDP in the same period last year, according to data released Tuesday by the Ministry of Finance."The execution of the general consolidated budget in the first eleven months of […]
The ministers of the Ciolacu Cabinet were sworn in on Monday evening before of President Klaus Iohannis, during a ceremony held at the Cotroceni Presidential Palace. The senators and deputies gave their vote of confidence to the Government led by Marcel Ciolacu, on Monday, in a joint session.240 votes "for" and 143 votes "against" were registered, […]
The president of the European Commission (EC), Ursula von der Leyen, sent on Sunday on the network X a message on the occasion of 35 years since the Romanian Revolution.‘35 years ago, the Romanians stood up for the right to choose their own destiny. Many gave their lives so that their children could be free […]
