Romania's Govt. publishes formula for EU|compliant minimum ...

Romania's Govt. publishes formula for EU-compliant minimum ...

Romania's Labour Ministry published on November 13 the draft bill for updating the minimum statutory wage on an annual basis, by indexation ...

Romanian Govt. decides to hike minimum statutory wage as of ...

We comply with the European directive, which shows that this value must be between 47% and 52% percent of the average European salary (Romania ...

The government has approved the draft law on the introduction of ...

Bucharest – The Romanian government has approved the draft law on the introduction of the European minimum wage, which transposes Directive 2022 ...

Romania: Minimum wage country profile - Eurofound

Law 174/2020 provides a method for estimating the living wage at a national level and stipulates that the minimum wage should be set while considering this ...

The law on setting European minimum wages, approved by the ...

Bucharest – The Romanian Government has approved the Law on the establishment of European minimum wages, ensuring the transposition into ...

Minimum wage statistics - European Commission

... Romania, Latvia, Hungary and Bulgaria. Their ... Minimum wage statistics published by Eurostat refer to monthly national minimum wages.

Romania goes beyond EU minimum with infant formula restrictions

Romania wants to ban the promotion of infant formula products for children up to the age of two years, but it remains to be seen whether this draft law will ...

2024 Investment Climate Statements: Romania - State Department

Romania is eligible to receive up to $83.5 billion (€77 billion) in EU funding by 2030, including $31 billion (€28.5 billion) in grants and loans from “Next ...

Orbitax Tax News & Alerts

The Romanian Government published legislation to implement the European Union (EU) Public Country-by-Country (CbC) Reporting (CbCR) Directive in the ...

Drug Policy in Romania - Value in Health Regional Issues

Minimum of the 12 EU countries ... 800/2016 regarding methodology for calculation the prices of drugs in Romania, published in Romanian. Official Gazette No.

EU Emissions Trading System (EU ETS)

the “Fit for 55” package, to align the system with the EU's 2030 climate target of at least 55% net emissions reductions compared to 1990 levels and the ...

Pillar Two Implementation - oecdpillars.com

On December 30, 2023, the Austrian Federal Law Gazette No. 187/2023 published the Minimum Taxation Reform Act to implement the EU Minimum Tax Directive from ...

Economy of Romania - Wikipedia

In 2020, its GDP per capita in purchasing power standards reached 72% of the European Union average, up from 44% in 2007, the highest growth rate in the EU27.

Romanian Government to Raise Minimum Wage by 9.5% From ...

Romania initially committed to bringing its budget deficit below the EU's ceiling of 3% of GDP by 2024. Instead, the country's independent ...

The implications of the European Union's new fiscal rules - Bruegel

European Union countries are required by the EU Treaty to keep their budget deficits within 3 percent of GDP, and their public debt within 60 ...

OECD Pillar Two country tracker - PwC

Pillar Two introduces a global minimum Effective Tax Rate (ETR) where multinational groups with consolidated revenue over €750m are subject to a minimum ETR of ...

Romania - International Labour Organization

of GDP in 2009, which was the lowest spending among EU-27 countries (where the average ... The report indicates a monthly national minimum wage set by Government ...

Romania and the euro - Wikipedia

Romania's national currency is the leu. After Romania joined the European Union (EU) in 2007, the country became required to replace the leu with the euro ...

Electricity law and regulation in Romania | CMS Expert Guides

2 In July 2012, the Romanian authorities adopted the new electricity and gas law no 123/2012 (Electricity and Gas Law), in order to meet the EU requirements of ...

Romania: CfD scheme for renewables to go live in 2024 - Schoenherr

In March the European Commission approved a EUR 3bln (RON 15.22bln) Romanian scheme to support installations producing electricity from ...