Economy

Energy brotherhood between Moldova and Romania. How did we end up with the fact that there was no light on the Prut, at the height of the war

On the morning of February 24, 2022, Ukraine and the Republic of Moldova were temporarily disconnected from the Soviet power…

Shadow economy in Romania: The state loses approximately 80 billion lei annually from tax collection / What money will come to the budget through digital payments – Research

According to a study by Visa and consulting firm Kearney, Romania loses approximately 80 billion lei in tax revenue annually…

Japanese Yen Hits 34-Year Low Against US Dollar

BusinessJapanJapanese Yen Hits 34-Year Low Against US Dollar03/27/2024March 27, 2024The Japanese yen hit a decades low against the dollar, even…

Electricity in Spain and Portugal has reached extreme prices – only 1 euro / MWh, on the spot markets / At the same time in Romania it is 69 euro / MWh.

The cheapest electricity in Europe is sold on the spot markets of Spain and Portugal. For more than a month…

Insurers are concerned that the government wants to extend the RCA price cap without taking into account inflation: this is against EU law and is not a “miracle cure”

The insurance industry has reacted with deep concern to the government's desire to extend the period of limitation of RCA…

A resident of Cluj, a resident of Bucharest and a resident of Banat are moving to rent. How much of the salary is taken for rent / The situation in big cities

Interest among Romanians in rental properties remains strong, and amid tight supply, prices have risen slightly in some of the…

New reference fiscal decision: The main appeals department of the Ministry of Finance cancels the tax act due to the illegality of the re-examination

A tax act that imposed additional fiscal liabilities as a result of ANAF's denial of the right to deduct certain…

The yen fell to a 34-year low against the dollar

The Japanese yen fell to its worst level against the dollar since 1990 on Wednesday, reaching the zone that prompted…

German economic institutes cut growth forecast for 2024 to 0.1%

BusinessGermanyGerman economic institutes cut growth forecast for 2024 to 0.1%03/27/2024March 27, 2024A combined report from Germany's leading economic think tanks…

Transporters ask Cholaka to abandon the expansion of the RCA price limit: This is a deception!

The Confederation of Road Transporters (COTAR) asked the government on Wednesday to reject the extension of the RCA rate cap…