A new online tool allows the location of Romanian passenger trains, Profit.ro reported. On the Bilete.infofer.ro platform, under the heading "My train/Trenul meu," one can track the position...
The Board of Banking Employers of Romania considers that the draft law on the sale of real estate properties is "unfair and wrong," the Board's Spokesman Bogdan Preda said on Tuesday. "We will absolutely take all the steps to highlight that this draft law is not only unfair but also wrong. We are witnessing here at helping investors, not social cases. This bill does not differentiate at all between the debtors with social problems and the debtors giving the bank the keys to their beach villas because they believe they have bought them for a high price and now their price is quite low," said Bogdan Preda. He added that all social cases that are no longer able to cover their loans had been included by the National Consumer Protection Authority in its draft law for implementing the European Union's Directive 17 in as early as this year's spring. "The consequence of this law will be increased cost of lending. (...) I believe that it is a bill aimed at solving mainly the problem of the people who hold many properties," concluded Preda.
A new online tool allows the location of Romanian passenger trains, Profit.ro reported. On the Bilete.infofer.ro platform, under the heading "My train/Trenul meu," one can track the position...
Presidential candidate Ludovic Orban, now the head of a center-right political vehicle but once the leader of the Liberal Party (PNL), announced he was stepping down in favor of reformist leader Elena Lasconi (USR) in a move aimed at triggering a consolidation of the center-right forces under a single candidate, several days before the first […]
The Romanian national postal company Posta Romana will close all its post offices "in the coming years" and rent them out, announced the company's general manager, Valentin Ștefan, quoted by Economica.net. The only reason for not closing the offices...
The Romanian Parliament, by the vote of the Chamber of Deputies, adopted an amendment to the Fiscal Code to exempt from taxation, until July 31, 2025, the earnings derived by natural persons from investments in cryptocurrencies, according to Profit.ro. The timing is important since cryptocurrency...
Transfond, which operates the interbank payments automated clearing house, and the Romanian Association of Banks have officially launched the domestic payment system RoPay, which allows transfers from account to account without the intermediation of card operators such as Visa or Mastercard. "RoPay differentiates itself from other payment solutions through speed, lower costs, and 24/7 availability," […]
The real estate developer Nusco Imobiliara, which is developing a major real estate project in the northern part of Bucharest in the Pipera neighborhood, estimated to eventually involve nearly EUR 1 billion investments, announced plans to issue bonds in the amount of EUR 5 mln to be further listed at the Bucharest Stock Exchange. The […]