Romania and Rheinmetall seal €500 million defence investment deal
The Romanian state has signed a deal with Rheinmetall for a strategic investment in the national defence industry exceeding €500 million.
The Romanian state has signed a deal with Rheinmetall for a strategic investment in the national defence industry exceeding €500 million.
The government has committed to a stable tax environment for the next fiscal year, officially confirming that the VAT will not be increased.
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.

Romania's annual inflation rate remained unchanged at 9.8% in November.
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.
ABB Romania has opened its new customer experience center in Bucharest, a space designed to showcase the company's solutions in electrification, automation, energy efficiency and motion.
As winter holidays approach, Romanians experience both the joy of gift preparation and the pressure of festive spending.
The Investment Committee designated by the Romanian Government for the Recovery Equity Fund has approved financing for five new investment funds in Q4 2025, announced the Ministry of Investments and European Projects (MIPE).