Category: Uncategorized
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CFA Romania macroeconomic confidence index up 0.3 points m/m to 37.5 in September
The macroeconomic confidence indicator compiled by the CFA Romania Society increased marginally by 0.3 points month-over-month (m/m) to 37.5% points in September, thus remaining in the negative territory of the 0-100 scale, not far from the values seen over the past year and a half. While the expectations showed no visible trend over the period,…
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Romania’s public deficit narrows marginally to 1.72% of GDP in Q3
The general government budget deficit increased by 6.5% y/y to RON 102.5 billion (EUR 20.2 billion) in January-September, according to data published by the Ministry of Finance. The deficit-to-GDP ratio narrowed slightly to 5.39% in the first nine months of the year, compared to 5.47% in the same period last year. The revenues increased disappointingly…
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President Nicușor Dan awards Romania’s highest honor to Ecumenical Patriarch Bartholomew
President Nicușor Dan decorated His Holiness Bartholomew I, the Ecumenical Patriarch of Constantinople, with the National Order “Star of Romania” in the rank of Collar, the country’s highest distinction. The Romanian Patriarchate also received the Order “Cultural Merit” in the rank of Grand Officer. The honor was presented to Patriarch Bartholomew I “as a sign…
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Inger Johansson wins Romanian Cultural Institute’s translation award
Inger Johansson has won the Romanian Cultural Institute (ICR) award for translation for the Swedish translation of Mihail Sebastian’s The Correspondence of Marcel Proust, published by Bokförlaget Faethon. The volume was published in 2024 with support from the ICR through the Translation and Publication Support program. The award was presented during the Iași International Literature…
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Exim Banca Romaneasca secures the exports of Maschio Gaspardo Romania
Exim Banca Romaneasca and Maschio Gaspardo Romania are carrying out a strategic partnership through which the Bank, in its capacity as Romania’s Export Credit Agency, supports the company’s exports, providing protection against various commercial and political risks associated with external markets. Maschio Gaspardo Romania, the largest local producer of agricultural machinery, with a production unit…
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2025 Operalia Competition: Romanian baritone Mihai Damian wins top prize
Baritone Mihai Damian, a soloist of the Romanian National Opera in Cluj-Napoca, has won the Male Voice category’s first prize at this year’s edition of Operalia, the competition for young opera artists established by Plácido Domingo. He also won the competition’s Audience Award and the special award offered by the Ministry of Culture of Bulgaria,…
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Independent Romanian sci-fi horror film “We Put the World to Sleep” screened at festivals in the US
Romanian apocalyptic sci-fi horror feature “We Put the World to Sleep” had its world premiere on October 18 at the Nightmares Film Festival, one of the most important horror and fantastic film festivals in the US. The film, a product of 9 years of work, won Best Midnight Feature and Best Supporting Performance. Next, it…
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President visits Romanian student team that created small artificial heart
Romanian president Nicușor Dan visited a team of researchers and students from ‘Grigore T. Popa’ University of Medicine and Pharmacy of Iași, the creators of the smallest artificial heart with applications for both adults and children, on Saturday, October 25. In 2023, UMF “Grigore Popa” announced that the Mavis Artificial Heart team from the higher…
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Brașov replaces New Year’s fireworks with laser show to protect animals
Brașov, the popular mountain city in central Romania, will no longer host a fireworks display on New Year’s Eve, the City Hall announced. The decision, the authorities say, aims to protect pets and wildlife from the stress and harm caused by loud explosions, as well as the environment from chemical pollution. Instead of fireworks, the…
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Social Democrats back District 4 mayor Daniel Băluță in race for Bucharest City Hall
Romania’s Social Democratic Party (PSD), part of the governing centrist coalition, is backing District 4 mayor Daniel Băluță for the general mayor of Bucharest. Elections will take place on December 7. Interim party leader Sorin Grindeanu first talked about the appointment following discussions with the PSD in Bucharest. “We had a meeting with colleagues from…