Oana Tilica

The Romanian tax authorities need to align with global trends and invest massively in digital solutions to improve the VAT collection process, explain EY Romania representatives in a release on Thursday.

Romania's economic growth over the first nine months of 2018 was 4.2pct, both in unadjusted terms and seasonally adjusted, compared with the same period of 2017; compared with Q2 2018, Q3 2018 economic growth was 1.9pct higher in real terms, according to data with the National Institute of Statistics (INS) released on Wednesday.

Bucharest, Nov 10 /Agerpres/ - The National Prognosis Commission (CNP) revised downwardly to 4.5 pct its projection for economic growth this year, from 5.5 pct, the value put forth in the previous prognosis issued in July.

Romania, alongside the Russian Federation, Poland, Azerbaijan and the Czech Republic, on Monday was welcomed into the International Telecommunications Union Council (ITU-Council) after 137 of the 179 member states attending the ITU Plenipotentiary Conference 2018 voted in favour, according to a press statement released by the National Communications Administration and Regulatory Authority (ANCO

The Organisation of Canadian Nuclear Industries (OCNI) and the Romanian Atomic Forum (ROMATOM) have renewed their memorandum of understanding on nuclear power co-operation.

As many as 33,015 building permits for residential buildings were issued in the first nine months of 2018, up 4.4pct from the same period last year, according to data with the National Institute of Statistics (INS) released on Tuesday.

The Offshore Law is paramount for everybody and especially for Romania's citizens, on Monday said Energy Minister Anton Anton, at the Chamber of Deputies, after the "Gov't Hour" adding that in his opinion "it will clear Parliament."

Romania's primary energy sources increased by 2.8pct in the first eight months of 2018 and electricity sources advanced 0.2pct from the same period of the previous year, according to data released on Thursday by the National Institute of Statistics (INS).

Civil Aviation Group SRL, which includes the Romanian airline Blue Air, won the privatization process of Moldova's airline, Air Moldova, by offering 50 million Moldovan lei. (1 euro = 0.2379 Moldovan lei)

According to a Blue Air release, Civil Aviation Group also took over Air Moldova's debts worth 1.2 billion Moldovan lei.

August 2018 unemployment in Romania increased by 0.1 percentage points to 4.3 percent on a monthly basis, with male unemployment on the increase, according to data with the National Institute of Statistics (INS) released on Monday.

According to INS, the male unemployment was 1.4 percentage points higher than female unemployment.