Sugary soft drinks in Romania will be subject to VAT of 19% from January next year. Image credit: Radu Bercan // Shutterstock.com Romania’s government has approved new fiscal measures including an ...

BUCHAREST, Romania (AP) -- Romania's ruling coalition says it will hike public sector wages that were axed almost two years ago as part of conditions for securing international rescue loans. Mircea ...

Add Yahoo as a preferred source to see more of our stories on Google. BUCHAREST (Reuters) -Romania's new coalition government will make a series of tax hikes and caps on public sector wages and ...

Romania's central bank lifted its benchmark interest rate by one percentage point to 4.75% on Wednesday, more than had been expected, ramping up the pace of tightening as inflation is expected to rise ...

BUCHAREST/LONDON, May 7 (Reuters) - Romanian debt managers curbed local debt sale plans on Wednesday amid a slide in the leu currency since hard-right presidential candidate George Simion took the ...

Romania's headline inflation rate rose above expectations in July but is showing signs of flattening out and analysts expect the central bank to continue to slow the pace of monetary tightening.