Category: Uncategorized
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WB revises downward economic growth outlook for Romania
The World Bank has significantly revised its estimates regarding the evolution of the Romanian economy this year, from 1.3% as it estimated in January, to 0.5%, according to the Europe and Central Asia (ECA) Economic Update report, published on April 8 by the World Bank Group. The World Bank also revised its estimates downward for…
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Romania’s retail sales volume down 7.6% y/y in Jan-Feb
The retail sales volume in Romania failed to substantially rebound in February 2026, after a visible slowdown in January, marking a second downward step-like correction after the VAT rate hike in August last year. The retail sales volume contracted by 6.8% y/y in February and by 7.6% y/y in January-February, according to the data published by…
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Romania’s president appoints head prosecutors nominated by SocDem Justice Minister
The president of Romania, Nicusor Dan, appointed on April 8 seven head prosecutors and deputy head prosecutors and rejected only one of the eight nominees sent on the day before by the Social Democrat (PSD) Justice Minister Radu Marinescu. This happened despite negative opinions issued by the Superior Council of Magistracy (CSM) for three of…
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Three out of four Romanians plan to attend Resurrection service, survey says
Three out of four Romanians say they will attend the Resurrection service this year, according to the Informat.ro Barometer by INSCOP Research. A similar percentage is represented by those who say they will spend Easter at home, while 2.5% state that they will go on vacation within the country, and 1.8% will go abroad. Around…
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Romanian president welcomes US-Iran ceasefire
Romanian president Nicușor Dan has welcomed the announced agreement between the United States and Iran to establish a ceasefire. In a post on X, he expressed gratitude to Pakistan and other regional mediators for their work and said Romania was in contact with its partners and ready to support ongoing efforts. “Weeks of conflict have…
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Music, theater, literature: Bucharest festival Hoinar returns this May
The ninth edition of Hoinar Festival will bring to the forefront the theme of courage, explored as “a daily choice to remain unbroken in the face of life’s challenges,” the organizers said. This year’s edition, Hoinar.Unbroken, brings together classical music, theatre, literature, and sociological research in what is meant to be “a vibrant and contemporary…
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Romanian Bittnet Group launches new bond issue, share buyback program
Bittnet Group (BVB: BNET), a major technology group in Romania and the first group of IT companies listed on the main market of the Bucharest Stock Exchange, announced that it is targeting the launch of a new bond issue and a large-scale buyback program. The company recently organized its Investor Day 2026, where Bittnet representatives…
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Romania passes bill ensuring free counseling for parents of children with autism, Down syndrome
Liberal deputy Raluca Turcan stated on Wednesday, April 8, that the bill allowing parents and guardians of children diagnosed with autism spectrum disorders or Down syndrome to benefit from free psychological counseling has been adopted. The bill received a favorable opinion from the Ministry of Health and was voted almost unanimously in the Chamber of…
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Two streets in downtown Bucharest to become pedestrian areas
The Ion Mincu University of Architecture and Urbanism has launched a concept competition to turn the streets Edgar Quinet and Biserica Enei in central Bucharest into pedestrian areas. The Bucharest City Hall will award RON 2,500 (approximately EUR 500) to the first five students proposing the best solutions, the institution announced. The two streets, in…
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Romania consumes more diesel than it can produce, energy minister says
The need for diesel is putting the greatest pressure on the Romanian and European fuel market, according to energy minister Bogdan Ivan. The accelerated increase in oil and fuel prices is driven by the imbalance between supply and demand, as states have increased their reserves, while production is affected by the conflict in Iran. The…