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Romanian Business Leaders: We will tolerate no deviation from our European Union membership
Monday, May 12, 2025
Romanian entrepreneurs will not remain silent in the face of slippages, and any attempt to move away from European values and Romania's European path will be met with firm opposition from the business community, Romanian Business Leaders said on Friday on the occasion of Europe Day."On Europe Day, Romanian entrepreneurs staunchly affirm: We will tolerate no deviation from our European Union membership! (...) In the context of the presidential election when ...
Interim President Ilie Bolojan discussed with EC Vice President Roxana Minzatu about the catching up of the delays in the NRRP
Monday, May 12, 2025
The interim president, Ilie Bolojan received on Friday the vice president of the European Commission for social rights, skills, quality jobs and training, Roxana Minzatu, the two approaching the issue of funds from the National Plan for Resilience and Recovery (PNRR).According to a press release from the Presidential Administration, the discussions focused on topics of major interest for Romania and the European Union: the Black Sea strategy and the ...
King Charles III's Viscri cottage hosts Lee Miller photo exhibition
Monday, May 12, 2025
King Charles III's cottage in the Saxon village of Viscri is hosting until August 10 the largest exhibition in Romania dedicated to American photographer Lee Miller, a release informs on Friday."An exhibition-event dedicated to photographer and war correspondent Lee Miller opened at the King Charles III's House in the Transylvanian village of Viscri, Brasov County. Titled 'Lee Miller's Romania', the exhibition is the most extensive presentation of her work ...
Minister Hurezeanu at informal meeting of EU diplomatic leaders; Ukraine war on agenda
Friday, May 9, 2025
Minister Emil Hurezeanu participated on Wednesday and Thursday at the informal meeting of foreign ministers from EU member states (Gymnich format), hosted in Warsaw by Kaja Kallas, the High Representative of the Union for Foreign Affairs and Security Policy, and Radoslaw Sikorski, the Polish foreign minister, Poland holding the EU Council presidency at present. According to a Foreign ...
Ukrainian F-16 technicians to be trained in Romania
Friday, May 9, 2025
Romania and the Netherlands will establish a joint training center for Ukrainian F-16 technicians, https://militarnyi.com/ informs. The Dutch Ministry of Defense reported that both countries have signed a ...
PresidentialElection2025/Simion on supporting Ukraine: Romania's vote - only in accordance with interest of Romanian nation
Friday, May 9, 2025
AUR candidate in the presidential elections, George Simion, believes that Romania's vote for a new support package for Ukraine must be in line with the interest of the Romanian nation and "without prioritizing other states", emphasizing that his position towards Russia's war of aggression in Ukraine is "neutrality, not escalation"."I will vote only in accordance with the interest of the Romanian nation and without prioritizing other states. I ...
2025 Presidential elections/ Romanian Evangelist Church Bishop encourages believers to vote for Nicusor Dan
Friday, May 9, 2025
Reinhart Guib, the bishop of Romanian Evangelist Church encourages believers to vote for Nicusor Dan, the independent candidate in the second round of presidential elections, according to his official Facebook account. “For our better future: Vote! Dear reader, it is close to 12 o'clock! Following the results of the first round of presidential elections in Romania, a catastrophy can be foreseen ...
PresidentialElection2025/Nicusor Dan reinforces commitment to Euro-Atlantic path of Romania in message to Concordia Employers' Confederation
Friday, May 9, 2025
General Mayor of Bucharest Nicusor Dan, an independent candidate in the presidential elections, responded in message to the president of the Concordia Employers' Confederation, Dan Sucu, on Wednesday, that private property is "essential" to encourage Romania's progress.The mayor added that these days, "more than ever", entrepreneurs and the business environment need to "actively" get involved in the debate that precedes the second round of the presidential ...
Spokesman Constantin, after first meeting of caretaker gov't: Gov't acting within constitution's confines
Friday, May 9, 2025
The priorities of the caretaker government regard securing the balance of the private economic circuits for the financial markets, Romanian companies, civil society, for all Romanian citizens, governmental spokesman Mihai Constantin said on Thursday."A first meeting under the leadership of caretaker Prime Minister Catalin Predoiu. The government of Romania will continue its activity within the confines of the constitution and secure governmental coherence ...
Public and social interest projects funding secured, as gov't approves CNI budget
Friday, May 9, 2025
The Government approved on Thursday the budget of the National Investment Company (CNI), Government spokesperson Mihai Constantin announced, adding that public and social interest projects managed by CNI - such as nurseries, student dormitories and sports infrastructure - will have secured funding sources for this year."Projects of public and social interest, including nurseries, student dormitories and sports infrastructure, carried out through the National ...
EconMin Ivan: Romania is still a stable country, where you can do serious business
Friday, May 9, 2025
Romania is still a stable country, a country open to foreign investment and a country where "serious, very safe business" can be done, interim Minister of Economy Bogdan Ivan said on Thursday.He was asked, before a government meeting, how serious the political instability in Romania today is for the economy."We look at the figures, we look at the way in which all the indicators disfavouring the Romanian economy have increased, including the ...
Reuters: Romania's political crisis could affect external financing sources, S&P says
Friday, May 9, 2025
Romania's political crisis and possible delays in a policy response to economic imbalances following the collapse of the coalition government this week could undermine some external financing sources, S&P Global said, quoted by https://www.reuters.com/. Romania's central bank stepped in to prop up the leu on Thursday amid a surge in borrowing costs after ...
Euro recorded new historic high on Thursday: 5.1222 lei
Friday, May 9, 2025
The national currency depreciated on Thursday against the euro, which was calculated by the National Bank of Romania (BNR) at 5.1222 lei, on the rise by 2.31 bani (0.45%) against the previous quotation of 5.0991 lei, recording a new historic high. The leu also lost ground against the US dollar, which was quoted at 4.5369 lei, on the rise by 4.71 bani (+1.05%), against Wednesday, when it was 4.4898 ...
FinMin says deficit in normal parameters, keeping within 7% target can be done if projected revenues achieved
Friday, May 9, 2025
Finance Minister Tanczos Barna on Wednesday said that the budget deficit is currently within normal parameters, and Romania can stay within the 7% deficit target, provided that the forecasted revenues are achieved."The deficit, at the moment, is within normal parameters. We can stay within the 7% target if we can achieve the projected revenues. (...) In April, we even exceeded the target - we had over 50 billion lei in revenues from taxes, duties, and excise ...
Employers' Confederation: Romania need a free economy, not political masters
Friday, May 9, 2025
Romania needs a free economy, not political masters, says the president of the Concordia Employers' Confederation, Dan Sucu, warning that whenever the country's economic interests are threatened, the political class will be held accountable "without hesitation.""Romania's prosperity is due to the business environment, the companies and the millions of Romanians who work in these companies. Politicians have succeeded each other quickly, but our private ...
Survey: Romania's SMEs face revenue drops of up to 50pct
Friday, May 9, 2025
Small and medium-sized enterprises (SMEs) in Romania are facing a series of critical problems that put their development and even existence to the test, including a drop in revenues by up to 50% and expenses that are higher than earnings, according to the findings of a specialist survey published on Thursday.According to Pixer Agency, the most affected areas are e-Commerce, B2B Services and Health & Wellness businesses, for which ...
Retail trade turnover volume up 3.5% in Q1
Friday, May 9, 2025
The retail trade turnover volume (excluding trade in motor vehicles and motorcycles) increased in the first quarter of this year compared to the same period in 2024, both in gross series by 3.5% and in seasonally and working-day adjusted series by 4%, according to data published the National Institute of Statistics (INS) on Thursday.The gross series increase was driven by higher sales of non-food products (+7.8%) and retail trade of fuel for ...
Italian Embassy organizes event dedicated to the interaction between institutional systems and intermediary bodies
Friday, May 9, 2025
The Italian Embassy in Romania, in collaboration with the Territoria House Centre for Studies and Policies and the investment bank For Impact Capital, in application of the guidelines established by the Ministry of Foreign Affairs and International Cooperation, is organizing on Thursday an event dedicated to the relationship between institutional systems and intermediary bodies - considered as a set of entities and groups that refer to civil society - and their ...
Bucharest Opera Festival – 15 – 24 June
Friday, May 9, 2025
The fourth edition of Bucharest Opera Festival, which will alternate opera, ballet, musical, musical-rock opera and opera in concert presented by several companies among which two from abroad – The National Theatre for Ballet and Opera ‘Maria Biesu” from Kishinev and Opera from Ruse will take place in 15 to 24 June.The ...
Ilie Bolojan: We are living in a complicated period fraught with challenges, requiring professional response
Thursday, May 8, 2025
We are living in a complicated period, fraught with challenges, and these require a firm response, based on professionalism, cooperation and fidelity to constitutional values, acting President Ilie Bolojan declared on Wednesday at the Cotroceni Presidential Palace, as he welcomed a delegation of the Association of Francophone Constitutional Courts (ACCF)."The Association of Francophone Constitutional Courts is an essential platform for promoting the ...