Economy
Romanian PM: No VAT or tax hikes next year, spending cuts are key
The government has committed to a stable tax environment for the next fiscal year, officially confirming that the VAT will not be increased.
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The government has committed to a stable tax environment for the next fiscal year, officially confirming that the VAT will not be increased.
New orders in the total manufacturing industry (domestic and foreign markets) saw a nominal decrease in August 2025, falling by 28.5% compared to July 2025.
Romania has secured the European Commission's agreement to replace the National Recovery and Resilience Plan (PNRR) milestone concerning the reduction of the VAT gap.
Flyone Airlines is continuing its growth trajectory in the Romanian market, announcing the launch of seven new direct routes from Henri Coandă – Otopeni International Airport.
The European Bank for Reconstruction and Development (EBRD) is lending €30 million to Timişoara to co-finance priority investments in its district heating network.