According to the latest NBR’s press release in terms of NBR Board decisions on monetary policy, the developments in the annual CPI inflation rate over the first two months of Q3 overall were in line with expectations.
Monetary policy
Foreign Direct Investment in 2017
The National Bank of Romania has published the Annual Report on Foreign Direct Investment in Romania in 2017. According to the report, in 2017, FDI net flow stood at EUR 4,797 million, out of which: Continuă lectura „Foreign Direct Investment in 2017”
September Newsletter
The cancellation procedure for income tax set for 2018 by early payments decisions has been approved
EUR 450 million for Romania’s Rural Development Programme
The European Investment Bank (EIB) is lending EUR 450 million to Romania to finance its national contribution to the implementation of the Romanian Rural Development Programme (RDP) together with grants from the European Agricultural Fund for Rural Development in the period 2014-2020. The loan was signed on the margins of the meeting of the EIB’s Board of Directors taking place in Bucharest on 17-18 September.
Continuă lectura „EUR 450 million for Romania’s Rural Development Programme”
Regulation adopted on European travel information and authorisation system
On 5 September 2018 the Council adopted a regulation establishing a European travel information and authorisation system (ETIAS).
Continuă lectura „Regulation adopted on European travel information and authorisation system”
Summertime consultation
In Romania the participation rate was of 0,04% according to the preliminary results of European Commission on the summertime consultation.
Manufacturing SMEs
Did you know that manufacturing accounts for 16% of Europe’s GDP? The sector is responsible for 64% of private sector Research & Development expenditure and for 49% of innovation expenditure in Europe.
Balance of payments
According to latest press release published in august by the National Bank of Romania, in January – June 2018, the balance-of-payments current account posted a deficit of EUR 3,781 million, compared with EUR 3,526 million in January – June 2017; the deficit on trade in goods widened by EUR 711 million, the surplus on services income narrowed by EUR 261 million, the deficit of the primary income balance contracted by EUR 894 million, and the surplus of the secondary income balance decreased by EUR 177 million.
The EIB Blockchain Challenge
According to the press release of the European Investment Bank 56 coders from 15 countries in 12 teams took up the challenge: an innovative blockchain event.
Newsletter
Legislative amendments on the contribution for failure to achieve the collection targets for electrical and electronic equipment and portable batteries and accumulators