Trade
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Short-lived illusion: flat tax bows to political and trade union pressures
Finance minister Mihai Tanasescu, deemed as a strong supporter of the flat tax project, will attend the Government meeting today, where he will present another variant of the Fiscal Code, un...
Short-lived illusion: flat tax bows to political and trade union pressures
Finance minister Mihai Tanasescu, deemed as a strong supporter of the flat tax project, will attend the Government meeting today, where he will present another variant of the Fiscal Code, un...
Flat tax, long awaited by foreign investors, opposed by trade unions
Romania is sitting on a project that may finally lead to a significant cut in the infamous red tape. This project can give Romania more leverage in the competition with the neighbouring coun...
Trade deficit widens, as imports outpace exports
Romania's trade deficit in USD had gone beyond three billion dollars by late July, following an about 40% increase in the first seven months of the year compared with the same time in 2002....
Trade balance deficit adds to current account imbalance
The current account deficit of Romania's balance of payments went up 281 million euros in June, reaching 1.246 billion euros in the first half, up 27.3% since the year-ago period, according...
IMF delegation to tackle soaring trade deficit, surge in lending
The economic growth estimated for the first half of 2003 was 0.2% smaller than the 5% originally stipulated in this year's budget, said Finance minister Mihai Tanasescu. The underperformance...
Apparel, 50% of total trade volume with UK
The clothing sector accounts for about half of the total volume of trade between Romania and the UK, which can be seen in the orders the British apparel vendors such as Marks & Spencer, Arca...
Altex se muta in World Trade Center
Reteaua de magazine electronice si electrocasnice Altex si-a mutat de la inceputul acestei luni sediul administrativ in cadrul World Trade Center. Datorita dezvoltarii firmei si a cresterii...
Euro surge bolsters foreign trade
Romania's exports exceeded all expectations last year, amounting to $13.8bn. Having gained 21.8% compared with 2001, exports remained the drive behind the economic growth estimated at more t...