Tag: President (5 articles)

Economy   |   5 August, 2025 at 5:35 PM

Ion Iliescu, ex-Romanian President, dies at 95

The Government has announced the death of former Romanian President Ion Iliescu. The former Head of State passed away on August 5 at the "Prof. Dr. Agrippa Ionescu" Clinical Emergency Hospital.

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Economy

Romanian business groups demand scrapping of turnover tax

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.