The Romanian government has set a budget deficit target of 8.4% of GDP for this year, as agreed with representatives from the EC, according to PM Ilie Bolojan.
Romania's Government aims to double the special turnover tax for banks to 4% as part of a wider fiscal package designed to balance public finances.
Romanian PM Ilie Bolojan announced on Wednesday a raft of measures designed to support the reduction of the country's budget deficit.
The new Government led by PM Ilie Bolojan has been voted in Parliament, raising 301 votes from Senators and Deputies.
Romanian President Nicușor Dan on Friday nominated the interim leader of the National Liberal Party (PNL), Ilie Bolojan, for the position of PM.
Cătălin Predoiu has been named Interim PM following the resignation of Marcel Ciolacu. The appointment was approved by Interim President Ilie Bolojan.
Romania's Social Democrat PM Marcel Ciolacu resigned on Monday evening, citing dwindling support for the ruling government coalition following Sunday's first round of presidential elections.
The IT&C sector has a contribution of nearly 8% to the Romanian GDP, according to a message from interim president Ilie Bolojan.
lie Bolojan, president of the Senate, will become president of Romania, with limited powers, until the May elections.
The Metaminds-Trencadis Corp Association has secured a framework agreement to provide internal cloud TIC solutions and products for Romania's Governmental Cloud project.
The European Investment Bank (EIB) has granted a €25 million loan to Patria Bank to support Romanian small and medium-sized enterprises (SMEs) and Mid-Caps.
Kai-Uwe Trillenberg will take the helm at Mercedes-Benz Romania, replacing Natalie Thompson.
Around 50% of Romanians are expressing concern that they will not be able to maintain a comfortable lifestyle after retirement, finds new research by Kearney.
The National Bank of Romania (NBR) has decided to keep its monetary policy rate unchanged at 6.50% per annum, following a meeting of its Board on October 8.