Archive » October 2009 » 09 October 2009 The english news from 09 October 2009

  • VAT could rise to 21% as of next year

    The value-added tax (VAT) could increase, as of 1 January 2010, by up to two percentage points, to 21 percent from 19 percent, according to several sources who are participating in drafting next year's budget. Calculations have already been made, and all that is required is a political decision from the government…

  • Romanian PM Appoints New Manager At Privatization Authority AVAS

    Romania's Prime Minister Emil Boc signed the decision assigning democrat liberal Aurel Popa president of the privatization authority (AVAS), people close to the matter told MEDIAFAX Thursday. The sources said democrat liberal Daniel Florea, former president of the Court of Arbitration for Football was assigned vice president of AVAS…

  • BNR new Board of Administration voted by parliament

    The main strategic objective of the Board of Administration of the National Bank of Romania (BNR) will be to adopt the EUR, at the horizon of the years 2014-2015, BNR governor, Mugur Isarescu, declared yesterday in Parliament. "It seems to be our fate that this objective would overlap with a new mandate. I believe that this mandate can be carried out and can be the catalyst likely to give coherence to the macroeconomic policies," Isarescu said…

  • Unemployment rate climbs 6.9 percent this Sept

    The unemployment rate rose this Sept by 0.3 percent, up to 6.9 percent, vs 6.6 percent in Aug 2009 and 3.9 percent in the same month of last year, announces the National Employment Agency…

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