Entries by theo tafari

Important aspects to know about grants for SMEs as of February 2018

Small and medium-sized enterprises (SMEs) will also have a wide range of sources of non-reimbursable funding this year – 2018. Regrettably, however, as every year, there is no fixed timetable for calls for projects, the deadlines only become certain after the launch of the call guideline in public debate, usually just one month before the […]

Average gross salary to rise significantly in Romania starting with 2018

We are living this period in Romania not only the count down for the Christmas and New Year but also for the new salary payment system which will be introduced starting January 2018. The gross salaries of the Romanians will rise spectacularly but net salaries will be hardly maintained at the level from December 2017. […]

After 25 years of restructuring, Romanian power sector at a crossroad

In November 2016, the Romanian Ministry of Economy posted for public consultation a preliminary draft of the energy sector 2016-2030 with a year 2050 perspective.  It tackles all energy resources such as crude oil, natural gas, coal, biomass and energetic waste and includes special sections for electricity. It is thus an occasion for a review […]

Consumption increase as growth engine in 2015

National Statistics Institute, published mid-February 2016, preliminary GDP growth rate for 2015. The advance of 3,7% looks impressive although only an estimate which might suffer certain adjustments. In addition, European Commission forecasts a 4% increase of Romanian GDP in 2016. The question now is whether this performance reflects a genuine increase of the economy or […]

Public administration – the principal promoter of equal opportunities and sustainable development

Public administration – the principal promoter of equal opportunities and sustainable development Equal opportunities and sustainable development are fundamental themes of Europe 2020 strategy, structural funds allocation in 2014-2020 period being conditioned on those. Even the standard format of operational programs (OPs) imposed by the European Commission to all Member States requires as a rule […]

Circular economy – an opportunity for Romanian Research, Development and Innovation sector?

Circular economy – an opportunity for Romanian Research, Development and Innovation sector? It is a fact that Romania has registered the lowest level of R&D&I expense in EU with 0,42% of GDP in 2012 according to Eurostat as opposed to the first ranked Finland with 3,55%, Bulgaria with 0,64% and the average for EU 28 […]