 ACTmedia |
IMF returns to Romania for new review mission
Business Review Romania had a budget deficit of 4.3 percent of GDP in 2011, according the Ministry of Public Finance. Revenue to the consolidated budget hiked by 7.6 percent to RON 181.6 billion, mainly due to increased collection of VAT, income tax and social … President Basescu met Menno Snel, the new IMF executive director |
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Actions taken with structural funds to promote growth
IEWY News Particular attention has been given to Member States which are currently receiving special macro-economic assistance, the so called programme countries (Ireland, Romania, Latvia. Portugal and Greece). For some other Member States a re-programming of … Record of €32.9 billion in payments to Member States from 2011 cohesion policy … |
 The Indypendent |
A Mid-Winter Romanian Spring?
The Indypendent That was the spark which ignited the fire inside the hearts of Romanians. First, 500 people protested after several NGOs and activist groups, like Active Watch Romania and Militia Spirituala, posted a call on Facebook and other social media networks. Protests in Romania Romania President Swears In New Foreign Minister Romania: “I, the Citizen” |
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Protests in Romania
Socialist Worker Romanian protests against healthcare privatization, austerity and two decades of capitalist transformation entered this Wednesday in their third week. Protests started in Cluj, in Transylvania, on the 11th of January after Raed Arafat, a Romanian … |
 ACTmedia |
Liviu Voinea (GEA): By compensating lack of exports in euro area, Romania …
ACTmedia A possible new recession in the euro area in 2012 could affect Romania by the rising costs and reduced financing, Liviu Voinea, the CEO of Applied Economy Group declared for Agerpres on Thursday. He considers that Romania has safer domestic financing … |
ACTmedia |
President Basescu met Menno Snel, the new IMF executive director
ACTmedia The Romanian ruling authorities take responsibility for the policies made and never say the social problems were created by the IMF, Romanian President Traian Basescu said Thursday at the start of talks with the new IMF executive director representing … |
ACTmedia |
Liviu Voinea (GEA): By compensating lack of exports in euro area, Romania …
ACTmedia A possible new recession in the euro area in 2012 could affect Romania by the rising costs and reduced financing, Liviu Voinea, the CEO of Applied Economy Group declared for Agerpres on Thursday. He considers that Romania has safer domestic financing … |
 Business Review |
Romania's budget deficit stood at 4.3 percent in 2011
Business Review VAT revenue increased by 22 percent y/y, income tax gained 6 percent, while contributions to the social insurance increased by 11 percent. In local administrations, revenue from taxes increased by 4.7 percent y/y, while non-fiscal revenue added 26 … |
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Social protests spread in Eastern Europe
World Socialist Web Site In Romania, a skilled worker earns €300 to €500 gross per month, and educated professionals earn little more. Six thousand doctors have left the country since EU accession. The extent of the social crisis and the lack of prospects for any improvement … |
 Sofia Echo |
Adjusting Europe
Sofia Echo Romania's worst social unrest in years, in which scores of people have been injured during two weeks of sometimes violent protests against austerity measures and perceived widespread corruption in the capital, Bucharest, and other Romanian cities, … |