Latest News from Romania

ComiXconnection exhibition to be held in Pancevo

Published by Tanjug on Tue, 03/31/2015 - 16:23

PANCEVO - "ComiXconnection - strip, banda dese­nata, strip, kepregeny," an exhibition borne out of a research of the regional comic scene, will open on Wednesday in the Vojvodina cinema in Pancevo, near Belgrade.

Romania Warned Against Dangers of Tax Cuts

Published by Balkan Insight on Tue, 03/31/2015 - 16:18

Romania's fiscal watchdog, the Consiliul Fiscal - Fiscal Council - has echoed concerns over government plans to start reducing Value Added Tax and income tax as a way to boost disposable income and get people to spend more.

President Iohannis' activity report 100 days into mandate

Published by Agerpres on Tue, 03/31/2015 - 12:39

President Klaus Iohannis on Tuesday, 100 days since he has become head of state, reviewed his main achievements over this period, underscoring the constitutional responsibilities he has in regards with national defence, national security and foreign policy.

Photo credit: (c) Angelo BREZOIANU / AGERPRES PHOTO

Anti-Putin Tirade Worsens Russia-Romania Relations

Published by Balkan Insight on Tue, 03/31/2015 - 10:30

The Romanian Foreign Ministry on Monday summoned the Russian ambassador to Bucharest, Oleg Malginov, to express its concern about his "insulting language" concerning the website Contributors.ro., which roused the ire of the diplomat after it published an article that was highly critical of Russian President Vladimir Putin.

Bulgaria Invested EUR 1.8 Abroad in Last Ten Years

Published by Novinite on Tue, 03/31/2015 - 10:06

Italy and Romania are Bulgaria's top preferred destination for transborder investment, estimates of the business news website Investor.bg show.

The data is based on the yearly statistics produced by the central bank BNB.

Rose: Malginov is wrong, anti-missile system has no capacity to harm Russia's strategic deterrent potential

Published by Agerpres on Mon, 03/30/2015 - 18:24

US Assistant Secretary for Arms Control, Verification and Compliance Frank A. Rose on Monday said in Bucharest, that the ambassador of the Russian Federation in Romania, Oleg Malginov is ?wrong' when saying that the anti-missile system implemented by the United States of America is a threat and a challenge to Moscow, as this has no capacity to harm Russia's strategic deterrent potential.

Fiscal Council issues negative opinion on Tax Code Bill

Published by Agerpres on Mon, 03/30/2015 - 17:25

The Government's initiative of rewriting the Tax Code is justified and welcome, given the many modifications brought to this document over the years; nevertheless, major cuts to taxes and duties are not sustainable, the Fiscal Council says in its opinion on the Tax Code revision project.

Photo credit: (c) Cristian NISTOR / AGERPRES FLOW

Bulgaria Had Lowest Hourly Labor Costs in EU in 2014, at EUR 3.8

Published by Novinite on Mon, 03/30/2015 - 16:04

Bulgaria remained the EU Member State with the lowest hourly labor costs in 2014, according to Eurostat data.

Bulgaria's hourly labor costs increased by 2.7% to EUR 3.8 per hour in 2014, against an annual increase of 1.1% registered in the euro area and an annual increase of 1.4% recorded in the EU-28.

Romanian President Appoints New Finance Minister

Published by Novinite on Mon, 03/30/2015 - 14:28

Romanian President Klaus Iohannis appointed on Monday Eugen Teodorovici as the country's new Finance Minister.

The inauguration ceremony of Teodorovici, who succeeded resigned Darius Valcov, took place at the Cotroceni Palace, AGERPRES news agency reports.

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