Romania: EUR 190m EIB support for companies most impacted by COVID-19
Continuă lectura „Newsletter October 2020”Newsletter February 2020
Decisions on monetary policy
Continuă lectura „Newsletter February 2020”New EU Visa Rules
The EU has issues new rules on short-stay visas to simplify the process for travelers to apply for a visa. These visas will aid visitors seeking to visit Europe for tourism, trade, and business while also providing tools for countering security risks and irregular migration. The new rules apply to citizens from all countries which already need visas for travel to the EU. This includes people from 105 non-EU countries; for those from countries with visa-free travel, there will be no change.
Continuă lectura „New EU Visa Rules”Newsletter December 2019
Changes regarding the minimum gross basic salary
Continuă lectura „Newsletter December 2019”Measures to combat VAT fraud
The Members of the European Parliament (MEPs) supported measures on Tuesday, 17th of December, designed to fight e-commerce VAT evasion that would help cut some of the €137 billion lost each year across the EU to VAT fraud.
Continuă lectura „Measures to combat VAT fraud”European Union’s derivatives markets
The European Securities and Markets Authority the EU’s securities regulator, published on 9th of December its second Annual Statistical Report analysing the European Union’s derivatives markets. The Report, based on data submitted under the European Markets and Infrastructure Regulation, provides a comprehensive market-level view of the EU’s derivatives markets in 2018, which had a total size of €735tn gross notional amount outstanding, an increase of 11% on 2017.
Continuă lectura „European Union’s derivatives markets”EUR 200 million loan fund to support lending to micro-enterprises and social enterprises
The European Union, the European Investment Bank (EIB) and the European Investment Fund (EIF) have launched a EUR 200 million loan fund to support lending to micro-enterprises and social enterprises under the EU Programme for Employment and Social Innovation (EaSI) as shown in the press release of the European Investment Bank.
Continuă lectura „EUR 200 million loan fund to support lending to micro-enterprises and social enterprises”Newsletter November 2019
The activity of the enterprises from industry, construction, trade and market services, in 2018
Continuă lectura „Newsletter November 2019”€200 million to promote European agri-food products
The European Commission will allocate €200.9 million in 2020 to fund promotion activities for EU agri-food products at home and abroad. The 2020 promotion policy work programme adopted by the Commission outlines the main priorities for support. EU policy on the promotion of agri-food products is designed to help the sector take advantage of the expanding and increasingly dynamic global agri-food market, raise awareness on quality schemes including organic produce and help producers should they face market disturbances.
Continuă lectura „€200 million to promote European agri-food products”Developments in inflation
The National Bank of Romania has published the Inflation Report for November 2019. As shown in the report, the annual CPI inflation rate returned to the upper bound of the variation band of the flat target of 2.5 percent ± 1 percentage point, ending 2019 Q3 at 3.49 percent (0.35 percentage points below the June level and 0.2 percentage points below the latest forecast). Behind the disinflationary trend stood mainly the declines in vegetable prices amid a good harvest across the EU. Opposite influences stemmed from tobacco product prices and the slightly faster growth of the adjusted CORE2 inflation rate, indicating the persistence of inflationary pressures from fundamentals.
Continuă lectura „Developments in inflation”