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For four years now, net wage growth has been much higher than productivity and, as employers’ earnings have not increased with the wage advance disproportion has moved to Romania’s foreign payments. If the employer, whether private or state-owned,...
5 noiembrie, 2018
The National Commission for the establishment of the National Plan for the Adoption of Euro advanced as synthetic benchmarks for the adoption of the single European currency an average annual economic growth rate of 4%, in order to...
29 octombrie, 2018
(Photo: Craftsmen of ANAF reform) „Activities of this project have been suspended in the last 12 months, and the Bank has not settled any further payments” – this is the official announcement of the World Bank regarding the...
29 octombrie, 2018
After a successful public finance adjustment before the colleagues within the Eastern bloc, Romania went back significantly toward the budget deficit threshold despite the steady economic growth in the last two years (-2.9% in 2016 and 2017, after...
29 octombrie, 2018
The Council of Economic Programming (CPE), a seven-member body established one year ago having the same chairman as the National Commission for Strategy and Prognosis (CNSP), proposed the increase in the minimum wage as of November 1, from...
29 octombrie, 2018
The official data available since 2010 show an unbalancing in public finance that began in 2016 and reached a worrying level in 2018. Unfortunately, at the current level of taxation and collection capability, Romania has shown quite clearly...
22 octombrie, 2018
According to the dialectic principle, Romanians’ migration went to the next level and opened an even worse stage for the labour market in the country: After the UK, another European country announces the registration of some spectacular flows...
22 octombrie, 2018
Global security is under threat. The system of international rules that has kept our citizens safe and our societies prosperous since the end of the Second World War is under attack by States that do not respect international law. The...
18 octombrie, 2018
Data published by INS for the second quarter of 2018 show that Romanians’ monthly incomes have reached nearly RON 1,600 per person. They were RON 4,151 per family and RON 1,589 per family member. It is noteworthy that...
15 octombrie, 2018
According to the data released by Eurostat, Romania’s current account deficit exceeded, in the second quarter of the year, the threshold of five percentage points related to the estimated GDP. Although we are still far from not meeting...
15 octombrie, 2018
Data published by Eurostat show that Romania recorded the second highest annual growth rate in imports of non-EU chemicals from 2007 to 2017 (13.1% per year, right after Ireland, with 13.2%, but Ireland had a surplus of EUR...
15 octombrie, 2018
  Rising incomes have fuelled consumption and, implicitly, the economic growth in recent years, but not the savings. Although a large proportion of the population is concerned about the living standards, too few choose to allocate a percentage...
15 octombrie, 2018
Total turnover in the IT sector increased by 11 percentage points in 2017 compared to 2016 and exceeded the four billion euro threshold forecasted, according to Annual Report of the Employers’ Association of the Software and Services Industry...
15 octombrie, 2018
Industrial Production Price Index (IPPI) slightly declined to 5.86% in August 2018, but remained significantly above consumer price inflation as measured by CPI (5.06%). The manufacturing industry sets the tone across the economy (although it contributed only 23.6%...
8 octombrie, 2018
  The balance of foreign direct investment (FDI) in the Romanian economy increased last year to EUR 75,581 million but declined in terms of GDP equivalent from slightly more than 41% of the annual GDP to 40.2%. Centralized...
8 octombrie, 2018
The Foreign Investors Council urges the Government, in the view of the proper functioning of the economy, to stop the regulating practice through emergency ordinances and return to serious consultations, especially when it wants to change the rules...
8 octombrie, 2018
Minister Teodorovici „fixes” a delay in Liviu Dragnea’s government program The Ministry of Finance launched a draft emergency ordinance on Saturday establishing the „general framework related to the conditions that a company should meet to be considered a...
8 octombrie, 2018
The application of pension change in the mid-year, by nine percentage points last year (when the pension point was arbitrarily rounded from 917.50 lei to 1,000 lei) and ten percentage points this year, has the effect of increasing,...
1 octombrie, 2018
The growth of the Romanian economy over the last decade has been impressive in nominal value, above all other EU states. But it has a big congenital problem: over the last 10 years, Romania has gained less than...
1 octombrie, 2018
On Monday, Ministry for Business Environment launched the draft Emergency Ordinance on transparency in the area of lobbying and representation of interests. The wish to legislate and regulate lobbying is old: since 2000, five similar drafts have been...
1 octombrie, 2018

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