Friday, July 23, 2021
Over the past decade, Romania has achieved a remarkable track record of high economic growth, sustained poverty reduction, and rising household incomes. An EU member since 2007, the country's economic growth was one of the highest in the EU during the...
Thursday, March 19, 2020
Romania’s Government adopted on Wednesday evening, March 18, the first set of measures aimed at helping local companies deal with the effects of the new coronavirus (Covid-19) epidemic. The measures include extended guarantees for companies that take...
Tuesday, January 21, 2020
While globalisation and the Fourth Industrial Revolution have benefited the world greatly, it has a number of far-reaching consequences that include exacerbating inequalities across societies, with inequality rising even in some countries where economic...
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Monday, August 5, 2019
Romania’s tax system increases poverty especially for rural households and for families with children, as direct cash transfers to poor households are not large enough to compensate them for the burden of indirect taxes, according to a recent World Bank...
Tuesday, March 8, 2016
Romania’s Chamber of Deputies may adopt several changes to the legislation related to parental leave and the monthly allowance for raising children. The changes were discussed in the Chamber’s Labor Committee on March 8.