European fuel tax reductions: Romania evaluates options amid rising costs
Several EU member states have already implemented substantial tax cuts—specifically excise duties and VAT—to mitigate the impact of the fuel crisis on their economies.
Several EU member states have already implemented substantial tax cuts—specifically excise duties and VAT—to mitigate the impact of the fuel crisis on their economies.
Romania reported the highest forest growth surplus in the European Union for 2023, with a net annual increment of 39.9 million cubic metres.
Romania continues to record the lowest uptake of e-government services in the European Union.
Bulgaria, Croatia, Poland, and Romania could raise labour productivity by up to 10 to 15% through wider adoption of digital technologies, particularly software and AI-enabled tools, according to a report by World Bank Group.
Romania recorded the lowest rate of generative artificial intelligence (AI) adoption among young people in the European Union in 2025, according to data released by Eurostat.
In 2024, 10.8% of the Romanian population was unable to keep their home adequately warm, according to the latest data released by Eurostat.
While the EU discusses applying handling fees for parcels worth less than €150 from non-EU countries, Romania and Italy have decided to implement it this year.
Romania recorded the highest annual inflation rate in the European Union in December 2025, reaching 8.6% according to data released by Eurostat.
The Romanian Chamber of Commerce and Industry (CCIR) has unanimously decided to support the free trade agreement between the EU and Mercosur, backing the decision made by the European Association of Chambers of Commerce (Eurochambres) at its November 2024 General Assembly.
Romania's trade balance deficit (FOB/CIF) for January-November 2025 reached €29.77 billion, down €299.6 million (-1.0%) compared to the same period in 2024, according to data published by the National Institute of Statistics (INS).
Retail trade volume in Romania remained flat in November 2025 compared to the previous month, according to the latest data released by Eurostat.
The tender for the design and construction of the final motorway lot of the Târgu Neamț - Iași - Ungheni section has been launched.
Romania leads the European Union in both VAT and corporate tax collection failures, losing approximately one-third of potential revenue from each tax, according to a European Commission analysis published this week.
EU enterprises are rapidly adopting artificial intelligence technologies, with 20% of companies with 10 or more employees now using AI to conduct business in 2025, according to Eurostat.
In October 2025, the euro area seasonally adjusted unemployment rate was 6.4%, stable compared with September 2025 and up from 6.3% in October 2024.
Romanian business associations have renewed their call for the elimination of the minimum tax on turnover (IMCA) ahead of the 2026 state budget discussions, citing significant negative impacts on investment decisions.
Romania maintains a much higher level of energy self-sufficiency compared to the EU average, though certain sectors show diverging trends, according to Eurostat.
Romania's real GDP growth is forecast to remain low over the next two years, primarily due to the necessary fiscal consolidation measures that will slow consumption.
In 2023, the EU spent €1.72 trillion on healthcare expenditure, equivalent to 10.0% of the EU's gross domestic product, according to Eurostat.
The annual inflation rate, measured by the Consumer Price Index (CPI), reached 9.8% in October 2025, according to the National Institute of Statistics.

The World Bank has significantly downgraded its economic growth projections for Romania this year, lowering expectations to 0.5% from the 1.3% forecast issued at the start of 2026.
Foraj Sonde Videle has announced the acquisition of Raffles Energy, a British holding company that owns two Romanian energy companies active in natural gas and electricity production.
Econergy Renewable Energy has secured approximately €31 million in project financing from Kommunalkredit Austria to develop its 60 MW photovoltaic project in southeastern Romania.
Romanian software company Arobs Transilvania Software has completed the merger by absorption of five subsidiaries - Arobs Development & Engineering, Berg Computers, Nordlogic Software, Infobest Romania, and Centrul de Soft GPS.
The European retail sector faced a cooling period in February 2026, with the latest Eurostat data revealing a divergence between a stabilising Union and a sharply declining Romanian market.