The Emergency Ordinance no.79/2017 (the so called “fiscal revolution”) was adopted on 8th of November by the Romanian Government regarding the modification of the Fiscal Code and it came into force, being published on 10th of November in the Official Gazette, although the draft was negatively endorsed by the Fiscal Council and the Economic and Social Council.
European Economy – Autumn 2017 Economic Forecast
What does Artificial Intelligence (AI) mean?
The term artificial intelligence was coined in 1955 by John McCarthy, a math professor at Dartmouth who organized the seminal conference on the topic the following year. Ever since, perhaps in part because of its evocative name, the field has given rise to more than its share of fantastic claims and promises according to Harvard Business Review.
Evolution
Bitcoin is a cryptocurrency, a digital asset designed to work as a medium of exchange that uses cryptography to control its creation and management, rather than relying on central authorities.
“Consultants always know that when you see the light at the end of the tunnel…order more tunnel.” – David Tickner
Cryptocurrency is the latest investing mania according to some financial analysts. The online currency has exploded in popularity over the last few years amid predictions digital currencies will one day replace our current system of checks, cards and cash.
Continuă lectura „Should you convert your money into cryptocurrency?”
Before an insolvent company, or person, gets involved in insolvency proceedings, it will likely be involved in informal arrangements with creditors such as making alternative payment arrangements.
The EU General Data Protection Regulation (GDPR) is the most important change in data privacy regulation in 20 years according to the EU GDPR Portal.
The results of the 2016 Foreign Direct Investment statistical survey were published on September 29, 2017. The National Bank of Romania, in cooperation with the National Institute of Statistics, conducted the statistical survey regarding the foreign direct investment (FDI). The major goal of the statistical survey was to determine the FDI stock as of 31 December 2016 and the FDI flows during the 2016 financial year into the resident direct investment enterprises.
Continuă lectura „Foreign Direct Investment in Romania in 2016”
In Romania, employment contracts are generally regulated by the provisions of Labour Law no. 53/2003 or the Labor Code, which provides for a set of minimum general principles to be applied in the employment relations.
