The Government doesn't take into account, but is not ruling out either a new agreement with the International Monetary Fund, according to Romanian Finance Minister Sebastian Vladescu. The Romanian Government will analyze the need for a new agreement, hence a new round of financing from the IMF, at the end of this year, he also said.

The Romanian Government will meet today in the afternoon to adopt the methodological norms for the Fiscal Code, which will be enforced immediately after. The norms introduce several changes in the taxation area, which are meant to increase the budget revenues.

Ten insurance companies have together accumulated a loss of EUR 80 million last year, according to a report published by the Insurance Surveillance Commission (CSA). The ten companies which have posted losses last year are Ardaf, BCR Asigurari, Fata Asigurari, Groupama, OTP Garancia, Certasig, Eureko, KD Life, Omniasig Viata and Signal Iduna. There are 40 insurance companies on the Romanian market.

The Romanian economy will drop by more than it was previously expected due to a series of decisions and measures taken this year, said Romanian Prime Minister Emil Boc. The VAT increase, the flooding and the international context have contributed to the slowdown. Emil Boc sees a revival of the Romanian economy next year. He is yet to put forward a value for both the GDP decrease expected this year and the increase for next year.

Prepare for another heat waves this week in Romania. Meteorologists have issued a yellow warning code for high temperatures until Wednesday in Bucharest and 21 counties in Romania- in the Eastern, Southern and South – East of the country.

Telecom operator RCS&RDS has introduced a new online bill payment facility. The facility was built in partnership with lender BCR and EuroPayment Services. The online payment facility is accessible through the telecom's operator webpage, through a Digi account

Romania is one of the countries British travelers are avoiding this summer, along with Greece, Iceland, Turkey and Russia, writes an article in The Guardian.

The local subsidiary of Oracle Corporation, signed a five-year agreement for a 14,000 sqm office area in two office buildings, Oracle Tower and Nusco Tower, according to The Advisers/Knight Frank, who represented Oracle in the deal. Oracle will move to the new premises in Nusco Tower starting this autumn.

Japanese car market Infiniti sold six cars in Romania since the beginning of the year, which was higher than qhat it has sold during the same period of last year: one Infiniti car.

Romania's tourism Brand Council, which held e meeting earlier today, has recommended the country kept the leaf in its recently launched logo, according to Paul Marasoiu, council member.

The Government doesn't take into account, but is not ruling out either a new agreement with the International Monetary Fund, according to Romanian Finance Minister Sebastian Vladescu. The Romanian Government will analyze the need for a new agreement, hence a new round of financing from the IMF, at the end of this year, he also said.

The Romanian Government will meet today in the afternoon to adopt the methodological norms for the Fiscal Code, which will be enforced immediately after. The norms introduce several changes in the taxation area, which are meant to increase the budget revenues.

Ten insurance companies have together accumulated a loss of EUR 80 million last year, according to a report published by the Insurance Surveillance Commission (CSA). The ten companies which have posted losses last year are Ardaf, BCR Asigurari, Fata Asigurari, Groupama, OTP Garancia, Certasig, Eureko, KD Life, Omniasig Viata and Signal Iduna. There are 40 insurance companies on the Romanian market.

The Romanian economy will drop by more than it was previously expected due to a series of decisions and measures taken this year, said Romanian Prime Minister Emil Boc. The VAT increase, the flooding and the international context have contributed to the slowdown. Emil Boc sees a revival of the Romanian economy next year. He is yet to put forward a value for both the GDP decrease expected this year and the increase for next year.

Prepare for another heat waves this week in Romania. Meteorologists have issued a yellow warning code for high temperatures until Wednesday in Bucharest and 21 counties in Romania- in the Eastern, Southern and South – East of the country.

Telecom operator RCS&RDS has introduced a new online bill payment facility. The facility was built in partnership with lender BCR and EuroPayment Services. The online payment facility is accessible through the telecom's operator webpage, through a Digi account

Romania is one of the countries British travelers are avoiding this summer, along with Greece, Iceland, Turkey and Russia, writes an article in The Guardian.

The local subsidiary of Oracle Corporation, signed a five-year agreement for a 14,000 sqm office area in two office buildings, Oracle Tower and Nusco Tower, according to The Advisers/Knight Frank, who represented Oracle in the deal. Oracle will move to the new premises in Nusco Tower starting this autumn.

Japanese car market Infiniti sold six cars in Romania since the beginning of the year, which was higher than qhat it has sold during the same period of last year: one Infiniti car.

Romania's tourism Brand Council, which held e meeting earlier today, has recommended the country kept the leaf in its recently launched logo, according to Paul Marasoiu, council member.