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By Jerom Bolt
The implementation of Romania's aggregate national budget in the first eight months of 2018 ended on a deficit of 14.6 billion lei, or 1.54 percent of the Gross Domestic Product (GDP), more than double the one in the same
| | 28 September 2018 |

>>>A total land area that would allow for the development of 8,000 dwellings and 180,000 square meters of offices has been transacted in Bucharest during the first 9 months of the year

By Andra Beltz
Land in Bucharest continued to attract the interest of real estate developers this year, considering that in the first nine months of 2018, lots with a cumulated surface of over 60 hectares on which around 8,000 dwellings, 180,000 square meters of offices as well as commercial spaces

| | 27 September 2018 |

By Jerom Bolt
According to a report recently issued by the European Commission, uncollected VAT represents EUR 6.13 billion loss for Romania´s 2016 budget. At EU level, uncollected VAT amounted to EUR 147.1 billion, which represents a 12.3% VAT gap.
| | 24 September 2018 |

By Andra Beltz
For the seventh consecutive month in August Romania had the highest annual inflation rate among the EU member states, with an increase in consumer prices of 4.7%, after it had 4.3% cent inflation rate in July, shows
| | 17 September 2018 |

By Theo Moreni
The annual inflation rate rose from 4.6% in July to 5.1% in August, mainly as a result of the increase in natural gas for the population and the increase in electricity bills. Prices rose by about 0.3% compared to July,

| | 11 September 2018 |

By Edwig Ban
On August 31, 2018, the National Bank of Romania's (BNR) foreign exchange reserves stood at 31,060 million euros, as against 31,378 million euros on July 31, 2018, down 1 percent, according to data posted by BNR on
| | 03 September 2018 |

By Andra Beltz
The annual CPI inflation rate stopped increasing in June, when it stalled at 5.4 percent, above the variation band of the inflation target. The stagnation occurred as the impact of the faster annual rise in fuel prices and
| | 06 August 2018 |

By Edwig Ban
We present below the communiqué of the Central Bank of Romania (BNR) on monetary policy decisions of 4 July 2018:
In the first two months of Q2, the annual CPI inflation rate rose to 5.22
| | 04 July 2018 |

By Edwig Ban
Piraeus Bank and J.C. Flowers & Co. have today completed the sale of Piraeus Bank Romania, a subsidiary of Piraeus Bank SA, having received the necessary approvals from the National Bank of Romania, according to a
| | 29 June 2018 |

By Jerom Bolt
The aluminum producer Alro Slatina / Romania published the prospectus for the sale of 53% of the shares. The shareholders of the company, the Russian group Vimetco and Conef SA, are selling 383.79
| | 29 June 2018 |

The Romanian Business Journal
Constantin Radut
Editor in Chief
031726 Bucharest, Romania

+40 725 511 887