Romania
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Romania’s Swiss Franc Mortgage Issue
Romania’s Swiss Franc Mortgage Issue
July 13, 2015A solution has yet to be found in Romania’s Swiss franc mortgage issue. The height of the Swiss [...]
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Romanian Prime Minister Stands Down
Romanian Prime Minister Stands Down
July 13, 2015Victor Ponta, the Romanian Prime Minister has quit as party leader over a criminal investigation into his dealings [...]
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Romanian Subsidiaries of Greek Banks May Receive Funding
Romanian Subsidiaries of Greek Banks May Receive Funding
July 02, 2015The Governor of the Romanian Central Bank, Mugur Isarescu has said that Greek banks with Romanian subsidiaries or [...]
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Romanian Construction Sector Improving
Romanian Construction Sector Improving
June 15, 2015The Romanian construction sector is improving very well with the volume of work increasing 12.2% for the first four [...]
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Ponta Survives Confidence Vote in Romania
Ponta Survives Confidence Vote in Romania
June 13, 2015Romanian Prime Minister, Victor Ponta survives a no confidence vote in the parliament giving him immunity from [...]
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Pressure Mounting on Romania’s Ponta to Step Down
Pressure Mounting on Romania’s Ponta to Step Down
June 06, 2015Romania’s Prime Minister, Victor Ponta is under pressure to resign following an investigation into his [...]
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Romania VAT on Food Reduced to 9%
Romania VAT on Food Reduced to 9%
June 02, 2015As of 1st June, Romania VAT on food has been reduced from 24% to 9%. Estimates suggest food prices will be lowered [...]
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Doing Business: New Europe’s Most Competitive
Doing Business: New Europe’s Most Competitive
May 29, 2015On 27th May 2015 , The International Institute for Management Development (IMD), announced the findings of its [...]
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€60 Million Mall Opens in Brasov Romania
€60 Million Mall Opens in Brasov Romania
May 18, 2015The Coresi Shopping mall in the city of Brasov, Romania, has just recently opened its doors. Built by French [...]
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EBRD Upgrades Romania Growth Estimates
EBRD Upgrades Romania Growth Estimates
May 16, 2015The European Bank for Reconstruction and Development (EBRD) has improved its Romania growth estimates for 2015. [...]
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Euro Entry on the Agenda in Romania
Euro Entry on the Agenda in Romania
April 29, 2015The governor of the National Bank of Romania, Mugur Isarescu has said that the country must liberalise the energy [...]
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Record Export Statistics for Romania
Record Export Statistics for Romania
April 27, 2015Romanian exports for last year were the highest on record at €52.4 billion. In 2015, the country is set to break [...]
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Romanians and Bulgarians Thriving in Germany
Romanians and Bulgarians Thriving in Germany
April 14, 2015Up to 150,000 Romanian and Bulgarian emigrants arrived in Germany in 2014 to work. This brings the total [...]
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Russian Businessman to Purchase McDonald’s Romania
Russian Businessman to Purchase McDonald’s Romania
March 27, 2015All 67 McDonald’s outlets in Romania are to be bought by an unnamed wealthy Russian businessman, it has emerged. [...]
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Romania Gas Independence from Next Month
Romania Gas Independence from Next Month
March 23, 2015April 2015 will mark the first year in many decades that Romania gas independence becomes a reality again. Romania [...]
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Ponta’s New Tax Code for Romania Imminent
Ponta’s New Tax Code for Romania Imminent
March 19, 2015A huge story in the country’s media at the moment is the introduction of a new tax code for Romania. The [...]
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Romania Finance Minister Resigns in €2 Million Bribery Claim
Romania Finance Minister Resigns in €2 Million Bribery Claim
March 17, 2015Romania’s Finance Minister, Darius Valcov was forced to resign on Sunday under a cloud of bribery accusations. It [...]
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Romanian and Bulgarian Migrants Flock to Germany
Romanian and Bulgarian Migrants Flock to Germany
March 16, 2015On 1st January 2014, restrictions on the free movement of people from Bulgaria and Romania to all of the European [...]
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Chevron Exit Romania
Chevron Exit Romania
February 24, 2015U.S. energy company, Chevron, is to abandon its shale gas exploration in Romania and leave the country. The reason [...]
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Romania to Invest in Danube Ports
Romania to Invest in Danube Ports
February 18, 2015The Romanian Transport Minister, Ioan Rus has set out plans for a €16 million project to upgrade the port [...]