China’s Industrial Profits Decline Amid Economic Strain
China’s industrial profits plunged 27.1%, intensifying concerns over economic stability as the government prepares for a crucial legislative session....
Tag : Fiscal Policy
The National Bank of Romania Board members: Minutes of the monetary policy meeting
Minutes of the monetary policy meeting of the National Bank of Romania Board on 7 August 2024 The National Bank of Romania Board members present...
From Tokyo to Wall Street: Stock Market Turbulence with a Butterfly Effect?
Exploring the Ripple Effects of Japan’s Monetary Policy Shift on Global Markets An analysis by Presidential Advisor, Prof. Dr. Cosmin Marinescu Source: cosmin-marinescu.ro On Monday,...
European Romania: From Where We Started, Where We Are, What We Need to Do – Macroeconomic Insights from Presidential Advisor Dr. Cosmin Marinescu
Discovering Romania’s European Journey: From Past to Future In the grand narrative of nations, the story of Romania’s integration into the European Union stands as...
Romania’s Budget Deficit Widens: Ministry of Finance Reports 1.67% of GDP Deficit in First Two Months of 2024
Source: Gandul The Ministry of Finance delivered discouraging news for Romanians at the beginning of the year. The execution of the general budget in the...
Romania Risks Losing €500 Million: Negotiations with EU on Microenterprise Taxation at Risk
Source: Profit.ro Prime Minister Marcel Ciolacu highlighted the ongoing dialogue with representatives of the European Commission to find the best solutions regarding micro-enterprise taxation. Highlighting...
Rule of Law – the concept “confusing” an entire continent – From Serbians to Belgians
And here’s how it all started from the tail of Europe… Article by Andreea Gudin What we began two weeks ago with an examination of...
ANAF’s Digital Dilemma: A High-Tech Hitch in Tax Reporting
Competency Crunch Hinders Fiscal Transformation In the ambitious journey toward digital fiscalisation, Romania encounters a formidable obstacle – the lack of digital expertise among ANAF...
Proposed Amendment Could Result in a Annual Budget Loss of Approximately 600 Million Lei
Romanian Parliament Considers Exempting Health Contributions for Medical Leave Allowances In a recent development, members of the Romanian Parliament, particularly from the National Liberal Party...
The State of Finance: Romania’s Complex Public Debt Dynamics
In a fiscal game of cat and mouse, Romania’s government plays with public debt, leaving citizens questioning the moves. The Contradictions of Ciolacu’s Fiscal Pledges...
The New Normal: Romania’s Economic Resurgence and Sustainable Growth Strategies
The Growth of the Budget Deficit – A Constant in the First Months of 2023 The first two months of 2023 marked a budget deficit...
Romania’s Fiscal Future: Key Insights from the FMI Report
The recent visit of the International Monetary Fund (IMF) delegation to Bucharest concluded with a sobering assessment: Romania’s progress hinges on substantial fiscal policy reform....
Could Taxing Lower Pensions Be History? Find Out Ciuca’s Plan
Ciuca’s Plan Aims to Unburden Pensioners, While Ciolacu Asks for a Sustainable Script Nicolae Ciuca, President of PNL and the Senate, has proposed a legislative...
Romania’s Fiscal Gamble: Who Gains from the Recent Legislative Roll of the Dice?
A Dive into Romania’s Fiscal Odyssey article by Andreea Gudin It was a day of reckoning in the Romanian Parliament, December 19, 2023, as lawmakers...
Romania Unveils Sweeping Fiscal Measures: Navigating Economic Stability under Marcel Ciolacu’s Leadership
PSD-PNL Coalition Initiates Strategic Fiscal Overhaul to Address Deficit and Secure European Funds On December 22, 2023, the Romanian government, led by Prime Minister Marcel...