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15:35, 22.04.2024

Switching all consumption to electric leads to the highest costs for citizens (study)

Switching all consumption to electric leads to the highest costs for citizens (study)

Switching all consumption to electric leads to the highest costs for citizens, while the lowest costs are obtained in the situation of partial switching to electric cars, heating with heat pumps of new buildings…




14:21, 31.01.2024

Farmers in Europe step up protests against rising costs, green rules

Farmers in Europe step up protests against rising costs, green rules

French and Belgian farmers set up dozens of blockades on highways and on access roads to a major container port on Wednesday to press governments to ease environmental rules and protect them from rising costs and…




08:55, 18.01.2024

FinMin Bolos: Cutting insurance premiums means limiting coverage of insurers costs

FinMin Bolos: Cutting insurance premiums means limiting coverage of insurers' costs

Cutting insurance premiums means limiting the possibility of covering insurers' costs, which would affect the system in the long term, Finance Minister Marce Bolos said on Wednesday evening."Here are the calculations…




08:50, 11.01.2024

Tax deduction of up to 1,500 RON from employer to cover nursery, kindergarten costs

Tax deduction of up to 1,500 RON from employer to cover nursery, kindergarten costs

Tax deduction of up to 1,500 RON from employer to cover nursery, kindergarten costsParents can receive a tax deduction of up to 1,500 RON from the employer, to cover the costs of nursery and kindergarten, Hungarian…




13:30, 10.04.2023

UNTRR's Dinescu: We estimated total costs of 2.41 billion EUR because we did not enter Schengen

The total costs registered by road carriers amount to 2.41 billion EUR because Romania remained outside the Schengen area, registering a penalty of 25-30pct of the time lost, secretary general of the National Union…




17:40, 18.01.2023

Croatia clashes with traders over post-euro ‘wild’ price hikes

The Croatian government and businesses are at loggerheads as traders dismiss measures aimed at battling price hikes after the introduction of the euro by blaming inflation, according to Reuters. Costs rose as soon…




14:05, 09.12.2022

Head of Cyber Security Authority: A cyber incident costs an average company around 750,000 RON

The cost of a cyber incident that an average organization in Romania pays is approximately 750,000 RON, Dan Cimpean, the director general of the National Cyber Security Directorate (DNSC), in a specialized debate,…




14:01, 08.12.2022

Romania, Bulgaria and Hungary register the lowest hourly labour costs in the EU

In 2020, the average hourly labour cost in the EU was 28.9EUR and the lowest hourly labor costs, expressed in EUR, were recorded in Bulgaria and Romania, according to the data published on Thursday by the European…




13:10, 08.12.2022

Most real estate investors, developers present in Romania plan to expand local portfolio (study)

Real estate investors and developers in Romania believe that inflation, the increase of financing costs, the geopolitical situation and the increase of construction costs are the main factors that impact the real…




12:50, 06.12.2022

Romania's 2023 budget built on 4.4pct of GDP gov't deficit, 8.2pct of GDP personnel costs

Romania's draft 2023 national budget is built on a projected government deficit of 4.40% of GDP, both cash and ESA, and projected personnel costs of 8.2% of GDP, according to the draft law setting caps on indicators…




11:21, 08.11.2022

EU dims hopes for a price cap to contain soaring gas costs

The European Union’s executive signaled it does not see a price cap on imported natural gas as the best tool to rein in an unprecedented energy crisis and instead suggested a plan that would spread the soaring…




10:45, 02.09.2022

Hourly labour costs, up 11.67pct in Romania in Q2 2022

Hourly labour costs adjusted for working days in Romania increased by 11.67% in Q2 2022, y-o-y, and 8.05% on a quarterly basis, according to data published on Friday by the National Institute of Statistics (INS).…




15:55, 25.07.2022

EduMin Cimpeanu: New education bill stipulates 40pct increase in salary costs

The new education bill regarding the pre-university education foresees a 40pct increase in the salary costs and a 370pct increase in material expenses, the Minister of Education, Sorin Cimpeanu, said on Monday.…




17:25, 07.06.2022

BNR's Isarescu: We have huge costs from pandemic and now we face inflation

Romania has enormous costs from the Covid pandemic, said on Tuesday the governor of the National Bank of Romania, Mugur Isarescu, at the Cristian Popisteanu symposium of banking history and civilization, noting…




13:11, 31.05.2022

Eurozone inflation hits record 8.1% amid rising energy costs

Eurozone inflation rose to a new record high of 8.1% in May amid surging energy costs prompted in part by Russia’s war in Ukraine, authorities said on Tuesday, according AP News. Annual inflation in the eurozone…




12:40, 23.05.2022

Half of Romanians want to buy electric cars to reduce costs

Half of Romanians want to buy electric cars to reduce the cost of fuel and protect the environment, but charging infrastructure remains the main reason for reluctance, according to a Deloitte release sent on Monday…




16:30, 12.04.2022

Senate President predicts higher inflation-busting costs ahead

Senate President Florin Citu predicts high inflation-busting costs lying ahead, noting also that inflation-curbing measures should have been taken earlier, and that the delay will result in even tougher costs.…




11:50, 24.03.2022

Euro-zone economy faces inflation surge from Russia’s war

The euro-area economy is reeling from surging inflation and new supply-chain disruptions after Russia’s invasion of Ukraine boosted energy costs and clouded the outlook for global growth, according to Bloomberg. …




23:16, 04.03.2022

Gov't to approve on Saturday maximum accommodation costs for Ukrainian refugees

The government is set to approve at its meeting on Saturday a decision on the maximum accommodation costs for Ukrainian refugees seeking shelter in Romania from the conflict in their country. Fii la curent cu cele…




20:11, 12.11.2021

Electrica Group: Net profit down by RON 324 million January through September

Electrica Group obtained, in the first nine months of this year, a consolidated net profit of RON 72 million, down by 324 million lei compared to the RON 396 million recorded as profit in the same period of 2020,…




14:35, 28.10.2021

East EU real-estate developers focus on refurbs as costs jump

Skyrocketing construction costs and a growing focus on the environment is triggering a shift in eastern European real-estate developers towards the green refurbishment of existing buildings rather than the construction…




15:35, 06.09.2021

EnviMin Tanczos: Transition to zero emission energy sources comes with high costs

The transition to zero emission energy sources comes with high costs and if it is done too abruptly, people will find individual solutions that will be more polluting than the fossil fuels they are designed to…




13:05, 17.08.2021

Statele Unite au 'spart' peste 2 trilioane de dolari în Afganistan, iar Armata afgană a dezertat: armele finanțate de americani sunt în mâna talibanilor

Din 2001, Statele Unite au cheltuit 2,26 trilioane de dolari în Afganistan, calculează proiectul Costs of War de la Universitatea Brown - o investiție care a dus la un final haotic și umilitor al celui mai lung…




12:20, 06.08.2021

Poland should not stay in EU at all costs, says minister

Poland should not remain a member of the European Union at all costs, the justice minister said in an interview published on Friday, as he railed against what he called “blackmail” from the bloc over Poland’s judicial…




12:05, 12.07.2021

Prime Minister Florin Citu: Revenues, lower than wage costs in half of territorial administrative units

Prime Minister Florin Citu argued on Monday, at the beginning of the General Assembly of the Association of Romanian Municipalities, in favour of a spending reform at the level of territorial administrative units…




11:25, 14.04.2021

Dacia primește doar douiă stele la testele EuroNCAP pentru noile Logan și Sandero Stepway

EuroNCAP a anunțat rezultate la testele de impact pentru mai multe mașini și printre ele se numără și modelele Logan și Sandero Stepway de la Dacia, aceste mașini primind doar două stele din cinci. Organizația…




12:31, 22.02.2021

Romania, identified with one of highest annual percentage rate in EU

Romania was identified with having one of the highest annual percentage rate (APR) in the entire European Union, namely 30,341% (thirty thousand three hundred forty one percent), for a loan of 180 Euro granted…




16:15, 21.08.2020

Gov't carefully preparing resumption of in-person classes to minimise risk of getting sick

The government is carefully preparing for the re-opening of the school year, so as to avoid the risk of illness for both students and teachers, Prime Minister Ludovic Orban said on Thursday.He added that the government…




17:24, 10.06.2020

Bucharest Stocks' Tanase: Companies' financing costs can only be minimized through capital market

The main purpose of any company operating in the energy sector is to minimize financing costs, and this minimisation will only happen on the capital market, the managing director of the Bucharest Stock Exchange…




12:16, 27.05.2020

Almost two thirds of Romania's companies didn't cut employees costs during emergency state (survey)

Almost two thirds (65 percent) of Romania's companies didn't implement measures to cut back costs with employees during the two months of the state of emergency, the data included in the PwC Romania HR Barometer…