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  The Government adopted the Emergency Ordinance on amending the Tax Code and maintained all the provisions lately contested by the business community and trade unions. Among the most important are: the transfer of most of the social...

Macroeconomic balances suffer a significant deterioration because of the government pro-cyclical policy to stimulate consumption. The pro-cyclical policy led to an increase in the trade and current account deficits and amplified the depreciation pressures of the local currency,...

In more than half of Romania’s counties, the state has at least one representative among the top two employers at the county level. Usually, it is the county hospital or, in poor counties, the social assistance directorates. There...

Romania ranks last among the EU member states by the share of public sector employees in the total workforce, according to data published by Eurostat for 2016. That, although we registered the highest increase in the percentage of...

In the autumn forecast on which the 2018 budget is based, the National Commission for Prognosis, an institution under the Government’s authority, increased the economic growth projection for the current year to 6.1%, from the level of 5.6%...

We can hope that the measures announced by the Ministry of Finance in last week’s government meeting are still under debate. So, we shall formulate below a picture, not so much of the „little things” that every taxpayer...