Tax Romania Latest Information

Tax Romania Latest Information

Romania's population falls by 12% as three million flock to richer European countries
The figures come after it was revealed that Romanian immigrant Firuta Vasile (pictured) was able to claim generous state handouts while selling the Big Issue magazine in Bristol.

IMF to Romania: Cap wage increases to help growth
An International Monetary Fund official says Romania's economy will grow slightly this year.

Romania's President defends govt. amid protests
After 13 days of anti-government protests, Romania's President took to national television to defend is government's tough austerity policies in the face of growing discontent. read more

Tax troubles take their toll on bookmakers
Bookies came under the whip as City scribes flagged up the potential for higher taxes on the sector when Chancellor George Osborne unveils his Budget in March.

Romania fires foreign minister for calling protestors “inept and violent slum dwellers."
Brussels — After two weeks of protests, Romania could become Europe’s next crisis hotspot. read more

Romania protests over health bill continue
BUCHAREST (Reuters) - Romanian protesters clashed with riot police in Bucharest on Sunday and demonstrated in other large cities, as protests spread for a fourth day despite a government decision to cancel an unpopular healthcare reform bill. The protests began on Thursday in support of a deputy health minister who quit after criticizing a draft bill that would have added private firms to the ...

Romanian president defends his gov't
After nearly two weeks of anti-government protests, Romania's leader acknowledged on Wednesday that some citizens have lost faith in his leadership but insisted that the austerity measures he has introduced have pulled the country out of a recession.

Romanian ex-PM gets prison time in corruption case
Romania's highest court on Monday sentenced former Prime Minister Adrian Nastase to two years in prison after convicting him of illegally raising funds for a failed presidential campaign.

Snow dampens Romania anti-government protests
BUCHAREST (Reuters) - Romanians protested against austerity measures on Saturday but heavy snow deterred some from pressing a week of occasionally violent demonstrations demanding the government resign. Romania had suffered little of the unrest seen in other austerity-hit European countries like Greece until now. While the protests have been relatively small, they have marked the country's worst ...

Is the IMF right for Romania?
As the IMF proposes a fiscal squeeze, we ask if austerity is the correct prescription for Romania's troubled economy.

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