Archive » January 2008 » 11 January 2008 The english news from 11 January 2008

  • Car Tax Could Triple For New Cars Under New Calculation Method

    Romania's much disputed car tax will nearly triple for new cars and will be lowered in direct ratio with the car's age for vehicles with the same cylinder capacity and emission standards, government sources told Mediafax Thursday. The Romanian government decided to send the European Commission a new letter regarding its controversial car tax regime on Wednesday…

  • Romania and Bulgaria set 2011 as year of their accession to Schengen space

    Romania and Bulgaria consider 2011 will be the year of their common accession to the Schengen space, with the steps for the move to be taken in close cooperation, says a Common Romania-Bulgaria Declaration, which is to be signed by the interior ministers of the two countries and submitted to the General Secretariat of the EU Council, on the occasion of the Justice and Home Affairs Council due in Brno, Jan. 24-25…

  • IT market to reach 1,37 billion euros in 2008

    The value of Romanian IT market is estimated at 1.37 billion euros in 2008, by some 11% more than the level registered last year, the growth pace being inferior to that in 2007, when the advance of the market was 16.7%, according to the forecast of the research company IDC.…

  • December 2007 inflation rate could widen to 6.9%, beating the central bank's target

    Annual inflation in December last year could reach a maximum of 6.9 percent, exceeding by far the upper targeted limit of 5 percent set by the Central Bank of Romania; the higher inflation is the result of the leu's drop and the drought seen last summer, which inflated food prices, analysts said.…

  • RON reaches 3.6822, lowest level vs. EUR in two years

    The PM, Fin Min and BNR Governor meet to discuss the necessary measures. BNR Spokesman tried to calm down the spirits. The European currency was rated yesterday at RON 3.6822, according to the exchange rate posted by the National Bank of Romania, 4.89 bani more than in the previous day, a value not reached since January 6, 2006, when it was rated with RON 3.6821.…

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