News
The Customs Service transferred 5.82 billion lei to the budget
9+ hour, 13+ min ago (555+ words) As explained in the CU RM, the largest share is VAT " about 66.7%, followed by excise duties " 26.1%, customs duties " 6.9%, and other categories of payments, including fees for customs procedures, account for 0.3%. Of the total receipts for the period January-February 2026, the following…...
Domestic government debt continues to grow rapidly
3+ day, 17+ hour ago (238+ words) Internal government debt reached 55.7 bln lei in Jan'Feb as authorities increased bond issuance to finance the budget deficit." Domestic government debt continues to grow rapidly " " " " " In just two months, the domestic state debt increased by 3.7 billion lei. This is the…...
Foreign exchange reserves continue to shrink
3+ day, 17+ hour ago (146+ words) National Bank data show reserves dropped by "61 million to "5.02 billion amid lower bank reserve requirements and external debt payments." Foreign exchange reserves continue to shrink The current decline continues for the second month in a row. The main factors were…...
In Europe's tax system - "communist" sentiment
4+ day, 5+ hour ago (823+ words) In Europe's tax system - "communist" sentiment There are no official plans for the immediate introduction of the tax at the EU-wide level for 2026, but the European Commission is conducting a study on the effectiveness of such levies, the results of…...
India's central bank has conducted a massive currency intervention to save the rupee
5+ day, 17+ hour ago (371+ words) India's central bank has conducted a massive currency intervention to save the rupee In an attempt to stop the fall of the Indian rupee amid rising oil prices and increasing geopolitical tensions, the Reserve Bank of India conducted a large-scale…...
Unemployment in the euro zone fell to a record low
5+ day, 13+ hour ago (366+ words) As specified by the EU statistical office Eurostat, economists had expected the figure to remain at 6.2 percent, corresponding to 10.77 million people out of work across the bloc. Excluding Bulgaria, the newest member of the currency union, the situation also improved…...
The EU has defined "Made in Europe" goods
6+ day, 17+ hour ago (714+ words) The EU has finally unveiled its "Made in Europe" industrial plan after repeated delays. Earlier Logos Press reported that state support and procurement were envisioned for sectors such as microchips, automobiles, chemicals and IT, which would be limited to products…...
Is the labor force being canceled?
6+ day, 5+ hour ago (242+ words) Is the labor force being canceled? Eurogroup Chairman Kyriakos Pierrakakis delivered this message at a conference organized by the European Investment Bank, saying that the European model of economic growth is coming to an end. "Europe's decades-long economic model, which…...
Eurozone Under Pressure as Energy Shock Fuels Inflation Risks
1+ week, 17+ hour ago (288+ words) According to ING, the eurozone is the most vulnerable of the region's major conflict-affected economies, making the region, which has benefited from investment diversification by withdrawing funds from U.S. assets, vulnerable to adverse effects. In addition, the euro is still about…...
Collections to local budgets increased by almost 20%
1+ week, 1+ day ago (218+ words) Collections to local budgets increased by almost 20% The agency was the earliest to report on tax collections. According to the operational information of the State Tax Service, the amount of funds accumulated in the NPB by the State Tax Service…...