Profile picture for user irina.popescu0
Irina Marica
Senior Editor

Irina holds a BA in Journalism and has been part of the Romania-Insider.com team since its early days in 2011. She likes to keep the Romania-insider.com readers informed every day. Irina reports on various topics, on a wide range of areas such as politics, social or entertainment. She also writes travel or leisure articles, as well as interviews. She splits her time between Sinaia, her hometown, and Bucharest. Being born and raised in a mountain town, Irina loves spending time in nature, but she also likes to read, write, listen to music, travel, teach her dog new tricks and listen to other people’s stories (so don’t hesitate to contact her for an interview if you have an interesting story that you want to share with the Romania-insider.com readers). She dreams to visit Iceland one day and maybe get to see the Arctic Monkeys play live.  You can send her press releases or feedback on her stories by emailing irina.marica@romania-insider.com.

 

30 October 2020

Romanian officials confirmed 6,546 new COVID-19 cases in the past 24 hours - the highest daily count registered in the...

Profile picture for user irina.popescu0
Irina Marica
Senior Editor

Irina holds a BA in Journalism and has been part of the Romania-Insider.com team since its early days in 2011. She likes to keep the Romania-insider.com readers informed every day. Irina reports on various topics, on a wide range of areas such as politics, social or entertainment. She also writes travel or leisure articles, as well as interviews. She splits her time between Sinaia, her hometown, and Bucharest. Being born and raised in a mountain town, Irina loves spending time in nature, but she also likes to read, write, listen to music, travel, teach her dog new tricks and listen to other people’s stories (so don’t hesitate to contact her for an interview if you have an interesting story that you want to share with the Romania-insider.com readers). She dreams to visit Iceland one day and maybe get to see the Arctic Monkeys play live.  You can send her press releases or feedback on her stories by emailing irina.marica@romania-insider.com.

 

30 October 2020

Romanian president Klaus Iohannis promulgated on Friday, October 30, the law providing that those injured in the 2015...

Romania Insider
29 June 2010

The Romanian currency RON has continued to depreciate on Monday, after the week-end announcement about the VAT increase and after having suffered a first round of depreciation last Friday, after the Constitutional Court ruled out the decrease of pensions.

The exchange rate reached RON 4.37 for EUR on the inter-banking market towards the end of the day, after foreign investors have bought euro.

Romania Insider
29 June 2010

Romanian media
Bad news from Romania hurt forint, Romania market is too small – in Ziarul Financiar, Euro up to new all time highs, NBR won’t intervene – in Ziarul Financiar, Budget deficit climbs by another 1bn euros in May, to 3.1% of GDP – in Ziarul Financiar, Reduced VAT rates of 9% and 5% remain unmodified – in Ziarul Financiar

Romtelecom tailors voice and Internet offer for renewed consumption decline – in Ziarul Financiar

10 largest consumer goods firms: The crisis, visible in halved profits – in Ziarul Financiar

Romania Insider
29 June 2010

Several Chinese companies have discussed the possibility of investing in wind farms, agriculture and the mining system in Romania with the local Government in the last month, in an attempt to increase trade in Eastern Europe. Among the planned Chinese projects in Eastern Europe is a EUR 1 billion thermal power plant, according to the Financial Times.

Romania Insider
28 June 2010

The Romanian central bank (BNR) is likely to keep the key interest rate unchanged at 6.25 percent after its board meeting this Wednesday, according to analysts quoted by Mediafax newswire.

The Central bank has been slashing the rate in its previous board meetings, but it will not continue to do so due to the recently announced hike in the Value Added Tax (VAT) rate to 24 percent.

The key interest rate was of 8 percent at the beginning of the year, when BNR continued to cut the interest rate, after slashing 2.25 percentage points last year.

Romania Insider
28 June 2010

Food and non-alcoholic beverage prices in Romania are 34 percent below the average in the European Union, which puts the country among the cheapest places to buy these products, according to Eurostat.

Bread and cereals were priced 39 percent below the EU average in Romania last year. The same products were even cheaper in Bulgaria and Poland, but most more expensive in Denmark – 46 percent above the Eu average.

Romania Insider
28 June 2010

The tax revenues collected to the Romanian state budget are among the lowest in the European Union when compared to the local GDP. The ration of these revenues was of 28 percent out of GDP in 2008, while the EU average where close to 40 percent, according to Eurostat. Romania's tax rates are not among the lowest in the region, but its collection lags behind other EU states.

Romania Insider
28 June 2010

Intesa Sanpaolo Bank has increased its share capital in Romania by EUR 30 million, which has upped its social capital by 50 percent to EUR 87.4 million. Intesa sanpaolo SpA owns 99.5 percent of the shares of the local bank subsidiary.

Intesa Sanpaolo Bank had EUR 800 million in assets at the end of the first quarter this year, up 6.5 percent on December last year. It portfolio of deposits went up by 6.1 percent, to EUR 268 million.

Romania Insider
29 June 2010

The Romanian currency RON has continued to depreciate on Monday, after the week-end announcement about the VAT increase and after having suffered a first round of depreciation last Friday, after the Constitutional Court ruled out the decrease of pensions.

The exchange rate reached RON 4.37 for EUR on the inter-banking market towards the end of the day, after foreign investors have bought euro.

Romania Insider
29 June 2010

Romanian media
Bad news from Romania hurt forint, Romania market is too small – in Ziarul Financiar, Euro up to new all time highs, NBR won’t intervene – in Ziarul Financiar, Budget deficit climbs by another 1bn euros in May, to 3.1% of GDP – in Ziarul Financiar, Reduced VAT rates of 9% and 5% remain unmodified – in Ziarul Financiar

Romtelecom tailors voice and Internet offer for renewed consumption decline – in Ziarul Financiar

10 largest consumer goods firms: The crisis, visible in halved profits – in Ziarul Financiar

Romania Insider
29 June 2010

Several Chinese companies have discussed the possibility of investing in wind farms, agriculture and the mining system in Romania with the local Government in the last month, in an attempt to increase trade in Eastern Europe. Among the planned Chinese projects in Eastern Europe is a EUR 1 billion thermal power plant, according to the Financial Times.

Romania Insider
28 June 2010

The Romanian central bank (BNR) is likely to keep the key interest rate unchanged at 6.25 percent after its board meeting this Wednesday, according to analysts quoted by Mediafax newswire.

The Central bank has been slashing the rate in its previous board meetings, but it will not continue to do so due to the recently announced hike in the Value Added Tax (VAT) rate to 24 percent.

The key interest rate was of 8 percent at the beginning of the year, when BNR continued to cut the interest rate, after slashing 2.25 percentage points last year.

Romania Insider
28 June 2010

Food and non-alcoholic beverage prices in Romania are 34 percent below the average in the European Union, which puts the country among the cheapest places to buy these products, according to Eurostat.

Bread and cereals were priced 39 percent below the EU average in Romania last year. The same products were even cheaper in Bulgaria and Poland, but most more expensive in Denmark – 46 percent above the Eu average.

Romania Insider
28 June 2010

The tax revenues collected to the Romanian state budget are among the lowest in the European Union when compared to the local GDP. The ration of these revenues was of 28 percent out of GDP in 2008, while the EU average where close to 40 percent, according to Eurostat. Romania's tax rates are not among the lowest in the region, but its collection lags behind other EU states.

Romania Insider
28 June 2010

Intesa Sanpaolo Bank has increased its share capital in Romania by EUR 30 million, which has upped its social capital by 50 percent to EUR 87.4 million. Intesa sanpaolo SpA owns 99.5 percent of the shares of the local bank subsidiary.

Intesa Sanpaolo Bank had EUR 800 million in assets at the end of the first quarter this year, up 6.5 percent on December last year. It portfolio of deposits went up by 6.1 percent, to EUR 268 million.

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