Category: Uncategorized
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Romania reports record 7.2% of GDP public investments in 2025
Total public investments in Romania reached RON 137.5 billion, or 7.2% of GDP, according to estimates by prime minister Ilie Bolojan, cited by Cursdeguvernare.ro. Out of this, RON 77.4 billion (around EUR 15 billion) – or 56% of the total – was financed under transfers from the EU budget, according to the PM. Public investments…
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Romania revises upwards estimate on modest Q3 2025 GDP growth
Romania’s statistics office revised slightly upward the Q3 GDP growth rate from 1.6% y/y to 1.7% y/y under the national methodology and from 1.2% y/y to 1.3% y/y under the Eurostat methodology, which maintains the consensus expectations for an overall economic growth of just under 1% for the entire year 2025. For the first three…
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Private consumption shrinks by 3%-4% in Romania after August fiscal corrective package
The retail sales volume index in Romania contracted by 4.7% y/y in November 2025 – the fourth consecutive month with a negative annual dynamics – after the VAT rate hike in August and the gloomy economic outlook eroded households’ real incomes and depressed their propensity for consumption. In seasonally-adjusted terms, the retail sales index remained…
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Romanian poet’s work featured in London Tube’s Poems on the Underground program
Verses by Romanian poet Mircea Dinescu are featured in the upcoming winter edition of Poems on the Underground, a program of the London Underground showcasing poetry in Tube train carriages. The winter edition, set to launch on February 9, will include poems by contemporary British poets Rachel Boast, Jonathan Davidson, and Blake Morrison, as well…
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Romanians were among the Europeans most satisfied with their lives in 2024
Romania has emerged as one of the highest-ranked countries in the European Union in terms of life satisfaction, according to the latest data published by Eurostat, the EU’s statistical office. According to another Eurostat survey, the Romanians had the highest level of trust in others in the European Union. Indeed, during the electoral year 2024,…
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Romania backs EU-Mercosur trade deal amid criticism from Social Democrats
Romania has voted in favour of the European Union’s trade agreement with the Mercosur bloc, comprising Argentina, Brazil, Paraguay, and Uruguay, after additional safeguards for Romanian and European producers were negotiated, president Nicuşor Dan announced on January 9, according to Agerpres. Dan said the agreement was supported after Romania, together with other EU member states,…
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Romania’s local administrations hike property taxation significantly
Local administrations in Romania have sharply increased property and motor vehicle taxes, in some cases by rates well above those indicated by the government (around 70%), according to media reports, triggering public debate over the scale of the hikes. The increases followed a decision by the government to raise the upper limits of recommended local…
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Orange leads Romania’s fixed internet market in 2025, nPerf data shows
Orange has emerged as the leader of Romania’s fixed-line internet market in 2025, according to the latest annual barometer published by nPerf. However, the analysis, covering the period from January 1 to December 31, 2025, highlighted a highly competitive market, “with three operators sharing leadership in video streaming and solid overall performance levels.” The Romanian…
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Romania condemns Russia’s Oreshnik missile attack on Ukraine
Romania strongly condemns the recent missile attack carried out by Russia against Ukraine, Foreign Affairs Minister Oana Țoiu said in a post on X. “The deliberate targeting of civilians constitutes a grave violation of international humanitarian law and demonstrates Russia’s continued disregard for peace, security, and human life,” the message reads. The minister also pointed…
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Confidence in the Romanian economy continues to decline in December
Confidence in the Romanian economy declined again in December due to a new drop in consumer morale, as well as among managers in services and construction. The Economic Sentiment Indicator (or ESI) recorded 93.1 points in December, compared to 94.2 points in November, reaching the lowest level since December 2020. The ESI is calculated by…