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State budget deficit high up in March
The Romanian taxpayer has got tired of paying taxes in March. The Exchequer in its turn did a poor job of collecting its dues, in spite of all those measures meant to improve collection. Thi...
High yields on Bucharest real estate market fail to attract big investors
"Everybody faced the same problems, but we had more guts." This is how the official of a big foreign company explains the somehow paradoxical situation on the Romanian real estate market. Th...
Sports shoes defeated by high heels
Any foreigner that comes to Romania says women here are very beautiful and elegant. High heels, although most uncomfortable, are a mandatory accessory for any Romanian woman, whether she goe...
Romania riding high in the European top of hefty taxes
Romania is among the top European countries in terms of high taxes the companies have to bear in order to pay their employees, which actually is the main reason for the salaries of Romanians...
Tanasescu explains high wages and taxes to Iliescu
Public Finance minister Mihai Tanasescu informed President Ion Iliescu during the meeting at the Cotroceni Palace last week that levying an 80% tax on high incomes was not in line with the l...
Euro hike leaves many Romanian bank customers high and dry
The U.S. dollar yesterday plunged close to a three-year low, with the single European currency climbing to 1.0539 USD.Although many analysts had already deemed the euro increase as exaggerat...
High wages, high social security contribution
The companies paying high salaries, that is above three gross monthly wages (some $490) will pay a higher social security contribution (CAS), as decided by the Government through Emergency O...
The aftermath: mystery shrouds high school blast
Investigators had not determined last night the type of explosive device that was detonated on Wednesday evening at the Jean Monet High School in the Capita. They could not find the motive o...
De la high tech la bere
De la high tech la bere