Romanians remain cautious about Russian Federation – poll
September 30, 2010
Romanians remain cautious regarding the country's relations with the Russian Federation, according to a study by Romanian pollster CSOP for the Center for the Prevention of Conflicts and Early Warning, quoted by news agency Agerpres.
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Mugur Isarescu: discouraging labor for electoral gains will lead Romania towards hell
September 30, 2010
Discouraging labor to obtain electoral capital will lead Romania to hell, since there are more retired voters than working voters in Romania, Romania's National Central Bank governor Mugur Isarescu declared on Thursday. He added that populism is the dominant note in the political discourse of the moment and there is a tendency to make promises more than the economy can sustain.
Renault Romania starts tests for the Fluence electric car in mid 2011
September 30, 2010
Renault Romania will start tests for the Fluence electric car and first deliveries will be made in end 2011 or early 2012, Renault commercial director Fabrice Cambolive declared in an interview for HotNews.ro. The first clients will most probably be companies and Renault hopes that the Romanian state will offer subsidies of 4000-5000 euro for those who purchase electric cars like other countries do. The electric model will cost around 21,000 euro.
The intent letter for the IMF: an economic increase of 1.5-2% in 2011, frozen pensions and no heating subsidies
September 30, 2010
Romania's economy will register a 2% drop in 2010 and inflation will reach 7-8% by the end of this year due to the VAT increase, Romanian authorities wrote in the intent letter to the IMF, released on Thursday by the IMF and quoted by the Romanian news agency Agerpres.
The government eliminates minimum tax and approves a set of measures to support companies
September 30, 2010
PM Emil Boc announced on Wednesday that the government will eliminate the minimum tax starting October 1. For now, the govenrment did not introduce the flat tax for the economic sectors that have a potential for fiscal evasion, Finance minister Ialomitianu declared.
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