Category: Uncategorized

Romania’s Treasury has increased the yield for the 7-year bonds issued to households and denominated in euros in June by 25 basis points (bp) to 6.50% and the yield for the similar bonds with 3-year maturity by only 5 bp to 3.90%, Ziarul Financiar reported.  It also launched a new maturity (2 years, 5.6% coupon)…

The famous Praid Salt Mine in Harghita county is facing a risk of collapse after recent flooding caused severe water infiltration, compromising the structural integrity of the old mine ceiling. A technical assessment carried out by experts at the request of the Ministry of Economy confirmed significant damage, prompting authorities to implement emergency measures to…

USR deputies Cristina Prună and Claudiu Năsui resubmitted to Parliament the draft law that provides for reducing the number of parliamentarians to 300 from 456 currently, in line with the 2009 national referendum, Economica.net reported. Another change consists of revising the criteria for allocating mandates for organizations of citizens belonging to national minorities.  The draft…

Transparency International (TI) Romania expressed its “deep concern and indignation” at the step back regarding the legal regime on the disclosure of assets and interests by dignitaries, civil servants, and other categories of persons in the public sector in positions vulnerable to corruption, generated by the Romanian Constitutional Court (CCR) by its decision. CCR ruled…

Romania risks not absorbing EUR 11.9 billion of the loans and grants allocated from the European Union’s budget under the Resilience Facility (RRF) due to delayed projects, according to data disclosed on May 29 by the minister of investments and European projects, Marcel Boloş, News.ro reported. This would be over 40% of the total EUR…

South African shopping mall developer Hyprop has launched a voluntary takeover bid for MAS PLC, seeking to acquire a majority stake in the retail property developer with extensive assets in Romania, according to Economica.net. The move, disclosed in a filing with the Johannesburg Stock Exchange, follows a competing bid made earlier this month by Prime…

The European Commission has approved a payment of EUR 1.27 billion to Romania as part of the National Recovery and Resilience Plan (PNRR) funding worth some EUR 28 billion in total. The rest of the scheduled payment, totaling EUR 870 million, was suspended. Romania’s European funds minister, Marcel Boloș, announced that three objectives included in…

The tech startups YellowGrid, WiseWatts and Procesio won CleanTech Corporate Hackathon 2025, the first event dedicated to innovators, startups and scaleups creating AI-based technologies and solutions for sustainable energy in South East Europe. YellowGrid, the team that won first place and the EUR 5,000 prize, is composed of Cătălin Stăncel, Sergiu Mureșan, Andrei Antohie and…

Romanians’ trust in the EU is well above the European average, but they occasionally show different priorities compared to those of most Europeans, according to the most recent Eurobarometer survey. The measurement, conducted in the winter and spring of 2025, shows an overall increase in European citizens’ trust in the EU, especially in the areas…

Romania has dropped four positions in the global Startup Ecosystem 2025 report by StartupBlink. It is now ranked 48th worldwide, and has lost ground in Eastern Europe, where it dropped from 8th to 9th place, after Ukraine advanced one position and Greece two positions, surpassing Romania globally.  However, Romania is now 16th in the global AI top…