Category: Uncategorized

The exhibition The Beauty of the Origins, in the Hands of Artisans, open at La Librairie Française in Paris, brings together traditional clothing, like the ia blouses, textiles, handcrafted objects, and archival photographs to “tell a story of identity, memory and the transmission of craftsmanship from one generation to the next.” At the heart of…

Moldovan president Maia Sandu on July 11 nominated Vasile Tofan, senior partner and a member of the Investment Committee of the Kyiv-based private equity fund Horizon Capital, as a candidate for prime minister, following the proposal of the Action and Solidarity Party (PAS). Tofan has expressed active support for Moldova’s EU accession and in favour…

Romania’s authorities are intensively preparing the next meetings with the rating agencies, which begin this week, both in person and online, finance minister Alexandru Nazare announced. “It is mandatory to maintain the rating, so that Romania’s financing remains open,” he said in a Facebook post. In his post, Nazare said that the financing plan for…

A 77-year-old driver has had his driver’s license suspended for 120 days after driving against traffic on Romania’s A7 motorway, an incident that went viral on social media. According to the Vrancea County Police Inspectorate, as reported by News.ro, officers launched an investigation after receiving a 112 emergency call and reviewing videos circulating online showing…

Romania’s trade deficit shrank by 5.3% y/y to EUR 2.6 billion in May, as imports remained constrained by subdued domestic consumption, according to data published by the statistics office INS. But the impetus of the trade gap narrowing is losing momentum as the effects of the fiscal and regulatory measures implemented in mid-2025 are phasing…

UniCredit Bank expects Romania’s economy to remain broadly stagnant in 2026 before recovering more meaningfully in 2027, while the National Bank of Romania (BNR) is seen delaying monetary easing until the second half of next year in line with the inflation trajectory, according to the bank’s latest Quarterly Update. The bank forecasts Romania’s GDP growth…

Credit rating agencies are likely to postpone any major decisions on Romania’s sovereign rating until the country’s 2027 budget has been prepared, according to analysts at Austria’s Erste Group, who believe recent fiscal developments should help the country retain its investment-grade status for now.  “We believe that the favourable budget execution so far this year…

Romanian president Nicuşor Dan will participate in the meeting of the Coalition of Willing for Ukraine and the ceremonies dedicated to the National Day of the French Republic in Paris on July 13-14, 2026. The visit is taking place at the invitation of his French counterpart, Emmanuel Macron. “The president’s participation in the ceremonies in…

Romania’s two car manufacturing plants produced a combined 247,972 vehicles in the first half of 2026, down 12.7% year on year, as both Dacia and Ford Otosan recorded lower output, according to data published by the Romanian Automobile Manufacturers Association (ACAROM). Dacia’s plant in Mioveni produced 129,404 vehicles during the six-month period, an 18% decline…

Romania’s Ministry of Finance raised RON 658.2 million (EUR 132 million) from retail investors in the latest Fidelis government bond issue, marking the programme’s weakest offering since its launch in August 2020 and extending a recent decline in investor demand. The subscription period ran from July 3 to July 10. The amount raised was down…