Romanian News Daily

Romanian Daily News – Tuesday 05/07/2022


. Agerpres

Gov’t contemplating rationing natural gas for companies (sources)

The Romanian government is contemplating rationing natural gas for corporations this winter if it fails to import gas as planned, government sources said on Monday, adding that the population will not be affected by the rationing.

. Stiri pe Surse

Minimum gross wage calculation basis for social contributions including for lower incomes – proposal

The Ministry of Finance proposes the introduction of the minimum gross wage per economy guaranteed in payment as a calculation basis for the social insurance contribution and the social health insurance contribution, including for wages under such individual full-time and part-time employment agreements whose level is below this threshold, according to a draft ordinance modifying the Fiscal Code.

. Ziarul Financiar

CBRE: Romania Becomes A Very Attractive Market For International Retailers

Romania has become a very attractive market for the international retailers interested in leasing large surface areas, often covering over 1,500 – 2,000 square meters, in parallel with the plans of retailers already present that seek to expand, and it is clear that capital city Bucharest can host another shopping mall of 100,000 sqm, stated Carmen Ravon, Head of Retail Occupiers CEE at CBRE Romania.

. Radio Romania

Significant changes are coming to the Fiscal Code

Significant changes in the Tax Code will follow, which will bring increases in tax levels for real estate transactions and dividends, but also tax deductions for young people and families with children. Also, alcoholic beverages, sugar and cigarettes will become more expensive.

. Capital

The number of applications for insolvency proceedings increased in 2022. What ANPC says

The National Authority for Consumer Protection (ANPC) announces that it registered in the first half of the current year a higher number of requests to open insolvency proceedings among individuals, unlike in 2021.

. Digi 24

What will the weather be like in the next 4 weeks. Meteorologists estimate a new heat wave from July 18

The National Meteorological Administration has updated the weather forecast for the next four weeks, until August 1. According to ANM, in the last two weeks of the interval, the weather will be hot, with temperatures above the normal limit and little rain.

. Economica

Economists expect the BNR to significantly raise interest rates at its meeting on Wednesday (July 6th). 

The chief economists of the commercial banks estimate that the BNR will continue to increase the monetary policy interest rate, this being the reason for the accelerated increase of the ROBOR index in the last days. Analysts anticipate a 75-point increase in key interest rates from 3.75% to 4.5%. They believe that the BNR will continue this policy, with the key interest rate reaching 5.5% or even 6% by the end of 2022.