Category: Uncategorized

Romanian tax experts warned that the draft law published by the Finance Ministry after revision still includes major issues that not only challenge companies’ activity and lead to creative accounting, but also could make it vulnerable to litigation since it breaches EU regulations and economic principles.  The new draft law on corporate income tax will…

Romania’s government, after a meeting on Friday, August 29, announced in a press conference that it approved five of the six chapters designed to be part of a second package of budgetary reforms. The sixth chapter, on public administration, was tackled during a meeting of the ruling coalition two days later, when this chapter was…

Romania’s Constantin Popovici won silver on Sunday, August 31, at the World Aquatics High Diving World Cup in Sardinia, cementing his place among the sport’s elite with one of the most technically demanding dives of the competition. Competing from a platform suspended 27 meters at Porto Flavia, Popovici executed a handstand entry followed by three-and-a-half…

Dumbrăvița, a growing community near the western city of Timișoara, has become the first locality in Romania to inaugurate a voluntary waste collection center financed through the EU-backed National Recovery and Resilience Plan (PNRR). The project was launched last week in the presence of environment minister Diana Buzoianu. The center, financed with RON 4.5 million…

The autumn kicks off with two documentaries that could not be more varied in form, both dealing with the collective and the individual, and I am thrilled to see them hit theatres. Ana Lungu’s Merman/ Triton will be shown in a pre-release screening in Timișoara on 7 September. I couldn’t find the official premiere date…

Starting on 4 September and running through until December, Boulevard 73 restaurant at Corinthia Grand Hotel du Boulevard Bucharest will host a Michelin chef series of culinary events specially curated for the most refined tastes. For the first time in Romania, gourmet cuisine enthusiasts will have an opportunity to enjoy dishes created by four internationally…

Romania’s consolidated budget deficit rose to 4.04% of GDP after the first seven months of this year, from 3.68% at the end of June, and reached RON 76.44 billion (EUR 15 billion), according to data published Thursday, August 28, by the Ministry of Finance.  Total revenues amounted to RON 370.77 billion in the first seven…

European Council president Antonio Costa will visit Romania on September 4 as part of his “Tour des Capitales,” a series of meetings with EU leaders aimed at shaping the bloc’s agenda ahead of key European summits later this year. According to the official announcement, Costa is set to hold talks in Bucharest with Romanian president…

The resident population of Romania decreased by 31,545 persons compared to the beginning of the previous year, down to 19,036,031 inhabitants, while the aging phenomenon continues to intensify, according to data from the National Institute of Statistics, published Friday, August 29. According to the official statistics, the main cause of the population decrease was the…

Romania’s National Agency for Fiscal Administration, or ANAF, requested that former president Klaus Iohannis vacate a property located in Sibiu, as well as return rents from 1999-2015. The request is the conclusion of a long legal battle over the property. This is not the first time that Iohannis and his wife, Carmen, were ordered to…