More and more micro-enterprises in Romania are facing the risk of closure due to high taxation levels, and by the end of the year, a wave of insolvencies could occur,…
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News and economic analysis on the economic crisis, unemployment, inflation, investments, profits, businesses. You also read about highways, roads, prices, increases, pensions, and budget deficits.
Trump hits India with 50% tariffs. The new taxes bring it closer to China and Russia
The President of the United States, Donald Trump, imposed a 50% tariff on most imports from India on Wednesday, after previously doubling the level of 25% set at the beginning…
Tax Consultants: Additional taxation rule for multinationals in Romania, a misstep in tax legislation
The new rule proposed by the Ministry of Finance to tax all companies in Romania that are part of a national or international group becomes a serious deviation in fiscal…
The treasure from Romania that "everyone is crazily searching for"
Romania has a major strategic advantage in the global fight for artificial intelligence control, stated the Minister of Economy, Radu Miruță. It’s about the graphite from Baia de Fier, an…
Dăianu contradicts Bolojan and rejects the scenario of insolvency
Daniel Dăianu, the President of the Fiscal Council, downplays the public discussions about the potential insolvency Romania could face shortly after, in an interview with Bloomberg, Prime Minister Ilie Bolojan…
The United States and Europe still do billions of dollars in business with Russia, despite sanctions
American President Donald Trump threatens India with an additional 25% tariff, as well as higher taxes for other countries that buy Russian oil, trying to put pressure on Moscow to…
Economic Analyst: Package 2 must cover the gaps. Mayors live in a parallel reality. Stadiums worth 50 million euros are being built
Romania urgently needs Package 2 of measures, aimed at restructuring state spending, reducing investments, and cleaning up the business environment from companies with potential evasion risks, says economic consultant Adrian…
Rabla returns, but the budget decreases dramatically. The value of vouchers for electric cars is halved
The government has decided to resume the Rabla program for individuals. However, the budget has been significantly reduced: 200 million lei for the entire period 2025-2030, according to an emergency…
The government blocks unrealistic projects from the National Recovery and Resilience Plan and halts new local investments in 2025
The Bolojan government has decided to halt PNRR projects that cannot be completed on time and to block new investments through the „Anghel Saligny” program. The reason: „Systemic, imminent, and…
ANAF will come under the direct coordination of the Ministry of Finance
The National Agency for Fiscal Administration (ANAF) will be directly coordinated by the Ministry of Finance, announced Minister Alexandru Nazare on Wednesday, stating that the relationship between the two institutions…
The Minister of Finance announces a new taxation formula for multinational companies. The staggered system will be rethought, measures regarding the activity of the ANAF (Video)
The government is preparing new tax measures targeting multinational companies, taxing parcels from outside the EU, and reforming tax administration. Finance Minister Alexandru Nazare announced a new taxation formula for…
The National Bank of Romania (BNR) has significantly revised upwards the inflation forecast for 2025
The National Bank of Romania (BNR) has significantly revised its inflation forecast for 2025, from 4.6% to 8.8%, announced Governor Mugur Isărescu. He specified that Romania’s economy is currently facing…
The wave of price increases is already being felt. The inflation rate surged in July to 7.8%. Prices that have increased the most
The annual inflation rate surged strongly in July to 7.84%. Compared to June, inflation jumped by 2.7%. The highest price increases over the past year were recorded in non-food goods…
The United States will not impose customs duties on gold
U.S. President Donald Trump has announced that gold will not be subject to the new American customs duties, after an official document caused confusion last week and propelled the precious…
The United States and China are extending their trade truce for another 90 days
President Donald Trump has extended the trade truce with China by another 90 days, during which negotiations will continue. Trump posted on his social platform Truth Social that he signed…
ANAF loses the lawsuit against OMV Petrom. The state must pay over 435 million lei
The High Court of Cassation and Justice (ÎCCJ) has definitively ruled that the National Agency for Fiscal Administration (ANAF) must reimburse OMV Petrom the amount of 435.6 million lei, representing…
Over 200 hotels in Romania have joined the European process against Booking.com
110 hotel operators from Romania, representing over 200 hotels, have already joined the European collective process against the Booking.com platform, accused of price fixing and imposing abusive commissions. The hoteliers…
European brands are resorting to an obscure customs clause to mitigate the impact of tariffs imposed by Trump
Renowned European companies are analyzing the use of a little-known American customs clause called the „First Sale” rule to mitigate the effects of the new trade tariffs imposed by President…
The translation of the text is: AI Stars, "hunted" like sports celebrities: Young people negotiating salaries of 250 million dollars
Artificial intelligence specialists approach the job market as if it were an NBA star, like LeBron James. They seek advice from their entourage and play hardball with those offering more…
Economist: There are too few children in Germany, people should retire at the age of 69
Germans should stay longer in the workforce to protect the pension system and support growth, economist Martin Werding stated, as reported by dpa on Saturday. Despite the unpopularity of requests…