Romania

GDP in the first nine months of last year contracted 3.8% year-on-year, official data revealed...

Annual inflation in 1999 was 54.8%, exceeding the 40.6% rise in 1998, according to official data...

President Emil Constantinescu yesterday signed a law providing for the restitution of farmland...

New Prime Minister Mugur Isarescu is well-qualified to push through urgent reforms. However, he...

New Prime Minister Mugur Isarescu is well-qualified to push through urgent reforms.

Finance Minister Traian Remes yesterday outlined plans to reassess excise duties and tighten...

The government yesterday lowered corporate tax from 38% to 25% and the top rate of value-added...

Despite former prime minister Radu Vasile's fall earlier this month, a 2000 fiscal package...