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ROMANIA

X-Trade Brokers: Romanian economy still in recession in 2011

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The aftermath of the VAT increase goes on. The measure decided by the government on July 1 first and foremost means lesser consumption, an analysis by X-Trade Brokers suggests. ‘Increasing the value-added tax is, no doubt, the kind of measure that will contribute to a decline in consumption considering the 8-10 per cent price mark-ups that are being contemplated
 

What Stock Exchange investors do to pay lower tax

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Stock Exchange investors holding profitable stocks for more than a year have two more days to sell them benefiting from a 1% tax on gains, compared to the 16% tax that will come into effect starting July 1 in the wake of fiscal code changes.
 

25% of Stock Exchange transactions carried out through online platforms

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Transactions carried out on the Bucharest Stock Exchange through online platforms made available by brokerages topped 120m euros in the first quarter, out of a total turnover of around 500m euros on the entire market.
 

15 years of modern stock exchange in Romania

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On June 23, 1995, a handful of people were feeling the fervor of the inauguration of the Bucharest Stock Exchange, after almost half of century of communist regime in Romania. 15 years on, for some of them, memories flutter back into their minds.
 

Gazprom Swaps Bulgaria for Romania in South Stream

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Gazprom is already technically prepared to drop Bulgaria and to pick Romania for its South Stream gas transit pipeline project
 
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