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's government has proposed a new fiscal package aimed at reducing the budget deficit, which includes significant changes to profit taxation for multinational companies.
Romania's Minister of Finance Alexandru Nazare has announced changes to the tax regime of multinational firms as part of a wider effort to increase revenues to the budget.
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.
EY Romania has announced the promotion of Răzvan Ungureanu to Partner within its Tax Advisory department, effective July 2025.
Representatives of Romanian banks are opposing the Government's intention to introduce another supplementary tax on the profits generated by credit institutions.
Government representatives have participated in a series of consultations with Romania's international financial partners to analyze latest financial and economic developments.
As of April 2020, Romania has been in the excessive deficit procedure (EDP), as a result of exceeding, in 2019, the 3% budget deficit limit set in the Stability and Growth Pact (SGP).
The taxes paid online represented almost 60% of the total value of local taxes paid with Visa cards in 2023.
CEE is transforming from Europe's periphery into a defence industry powerhouse, according to a new KPMG study. The region's combination of cost efficiency, industrial capacity, and strategic location is attracting investment as European defence spending increases.
The EU's downward trend in transport costs ended abruptly in March 2026, with Romania emerging as one of the most heavily impacted member states.
ING Bank Romania reported a 5% increase in total revenue for 2025, surpassing RON 4 billion (€800 million).
The closure of the Strait of Hormuz and the resulting energy price shock are putting additional pressure on Romania's economy, already affected by the EU's highest inflation, a major fiscal deficit and internal political risks, according to an eToro analysis.
In 2025, Romania recorded one of the highest shares of young entrepreneurs in the EU, with those aged 20–29 accounting for 10.3% of the country's self-employed population.