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Flat tax gets lost on the way from Government to Parliament
Despite all the commotion sparked last month by the Finance Ministry, the flat tax is no longer mentioned in the Fiscal Code bill, which is to be debated by Parliament. The Ministry of Publi...
Romania to launch bonds on US market
Romania will launch at least one bond issue on the international markets in 2004 and is considering selling bonds on the US market, as well, which has a greater impact on the rating agencies...
Budget debate scheduled to begin on November 17
The debate over next year's State budget and Social security budget laws by the Parliament will begin on November 17. The MPs have until next week to submit their amendments to these law dra...
Romanians not keen on voting new Constitution, PSD resorts to emergency measures
Ruling party PSD (Social Democrat Party) had a rough day yesterday, as Saturday, on the first day of the referendum for the Constitution amendment, only 14.29% of the almost 18 million voter...
New trend on washer market
For years, washing machines have been just some home appliances whose price was the only thing that mattered as far as buyers were concerned. Not anymore. The decision to buy such an applian...
Novartis-Lek deal has no immediate effects on Romanian market
Theoretically, following an acquisition or a merger, the newly-formed entity should get a bigger market share or post bigger sales than its components used to. This is the so-called and eage...
Too frequent controls on French companies
The French companies in Romania are often subjected to "endless" financial controls, the French Ambassador in Bucharest, Philippe Etienne, on Monday said. "The French companies are way too o...
Softwin bets one million euros on Germany market
Softwin, the Romanian software company known mainly for its BitDefender antivirus programmes, has opened an office in Germany, aiming to get 5% of the local market of antivirus software in s...
Higher interests on T-bills
The interests paid by the Finance Ministry on the T-bills issued rose by 1.68% on Tuesday for the first time in months, seemingly shaking a torpid market, which many thought to be dead. The...