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Finance

Government looks to simplify tax reporting of individuals through Form 600

Finance February 20, 2018 14:01 0 comments

Oana Iacob, state secretary at the Ministry of Finance, says that the government works on a draft bill set to simplify the controversial Form 600 by April 15. This form is used by individuals earning…more »

New financing instruments for SMEs

Finance February 20, 2018 12:31 0 comments

The European Investment Bank (EIB) has agreed to lend EUR 75m, the first tranche of an approved loan of EUR 150m, to Banca Transilvania (BT) to co-finance projects undertaken by Romanian SMEs and mid-caps. Around…more »

net income

Bucharest Mayor Office gets offers from two financial-banking ventures for bonds issue on 10 years

Finance February 19, 2018 13:41 0 comments

Banca Transilvania- BT Capital Partners venture and BCR, BRD and Raiffeisen Bank venture have submitted two offers at Bucharest Mayor Office for a bonds issue on 10 years. The objective of the issue is to…more »

How is Austria promoting the blockchain technology: Letting entrepreneurs experiment

Finance February 17, 2018 09:26 0 comments

The Austrian capital Vienna already has applications developed through blockchain, the underlining technology of Bitcoin. Moreover, the state is willing to help start-ups test projects through sandboxes that protect entrepreneurs from a regulatory perspective. Some…more »

Jan 2018 treasury bonds

The benefits of loaning money to the Romanian state

Finance February 16, 2018 13:06 0 comments

The Ministry of Public Finance (MFP) aims to issue in March treasury bonds for individuals, at the value of RON 1/instrument, said the sources from the institution, according to Agerpres. For population we’ll implement a…more »

negative inflation

Romania’s inflation rate climbs to 4.3 pct in January 2018, biggest level in close to four years

Finance February 14, 2018 10:14 0 comments

Romania’s inflation rate stood at 4.32 percent in January 2018, as gas prices gained 3.79 percent compared to December, according to the national Institute of Statistics. Compared to January 2017, food prices gained 3.79 percent,…more »

GDP economic growth

Romania’s economy expanded by 7 pct in 2017

Finance February 14, 2018 10:06 0 comments

The Romanian economy grew by 7 percent of GDP in 2017, marking the biggest expansion since 2008, according to flash estimates of the National Institute of Statistics (INS). In the fourth quarter of 2017, the…more »

ing romania

ING analysts forecast 3M Robor might reach 3.5 pct in 2019

Finance February 13, 2018 13:11 0 comments

Economists at ING Bank Romania estimate that the 3-month Robor index evolution will reflect the potential increases in the key interest rate that might be taken by the National Bank of Romania (BNR) up to…more »

eugen teodorovici

Teodorovici: Finance Ministry doesn’t work on the introduction of the tax per household, it’s false

Finance February 12, 2018 11:47 0 comments

The Ministry of Public Finance doesn’t work on the introduction of the tax per household, it’s false, said the head of the Ministry of Public Finance, Eugen Teodorovici. “It’s false and I’ll have a discussion…more »

mugur isarescu

Isarescu, BNR: Uncertainty and risks mainly come from fiscal and income policy and labour market conditions

Finance February 07, 2018 16:38 0 comments

During a press briefing on Wednesday, the governor of the National Bank of Romania (BNR) said that “from the previous report, the inflation’s trajectory was revised upwards. Uncertainty and risks mainly come from the conduct…more »