Category: Uncategorized
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Survey: Most Romanians see low risk of Russian attack, doubt army’s readiness
Nearly half of Romanians believe their country’s army would not be able to resist for 48 hours in the event of an attack, according to a new Avangarde poll quoted by News.ro. The survey also showed that most respondents see little risk of Russian aggression. According to the poll, 49% of respondents said the Romanian…
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Ce Fain! – Online platform dedicated to Romanian creative design launches in New York
A new online platform promoting Romanian designers and connecting them to the international fashion and design scene will be launched in New York this week. The platform, called Ce Fain! (How Cool! in Romanian) will be officially unveiled at the Romanian Cultural Institute (ICR) in New York on October 17 during an exclusive gala. Ce…
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Romanian minister warns “perfect storm” could send power grid into blackout this winter
Energy minister Bogdan Ivan, who promised to come up by the end of last week with an update on the negotiations with the European Commission (EC) on the prolongation of the functioning of several coal-fired power plants, keeps warning of extreme developments under circumstances described as “the perfect storm” this winter. Minister Ivan announced that,…
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Finance minister says Romania no longer risks losing EU funding
Romania was close to having its 2026 EU funding suspended in July, but “we are now in another reality” after the new government took the necessary steps in the past 100 days, finance minister Alexandru Nazare, said upon returning from the October 9-10 EcoFin meeting, without any specific details about his talks on the Commission’s…
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Fitch expects Romania’s ESA public deficit at 7% of GDP next year and 6.5% in 2027
Rating agency Fitch, based on Romania’s 2025 budget revision and the macroeconomic forecast predicting muted growth of 0.7% this year rising to 1.2% in 2026 and 2027, projected that the country’s public deficit under ESA methodology would decline from 9.3% last year to 8.5% in 2025, followed by gradual reduction to 7% of GDP in…
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S&P reviews Romania, assesses fiscal and debt as most problematic
The international rating agency S&P Global Ratings completed and published on October 10 its annual review of Romania’s creditworthiness, a review it performs on all sovereign debt issuers. It involves assigning scores to 5-6 key indicators, without constituting an action to modify or maintain the sovereign rating. The country’s rating is based on the dimensions assessed…
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Romania’s annual inflation rate stays below 10% in September
Romania’s annual inflation rate remained below 10% in September, concluding the month at 9.9%, according to data published on Monday, October 13, by the National Institute of Statistics (INS). Non-food goods continued to drive price growth, recording an annual increase of almost 11.1%, while services rose roughly 10.4% and food prices climbed 7.9%. The figure…
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Late goal gives Romania 1-0 victory over Austria in World Cup qualifier
Romania defeated Austria 1-0 on Sunday night, October 12, at Bucharest’s National Arena in the Group H match of the European qualifiers for the World Cup, with the decisive goal coming in stoppage time. The win keeps Romania’s hopes of qualification alive as they moved up to third place in the group with 10 points.…
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Taifas: Timișoara festival to feature Radu Jude retrospective, music, and literary events
The third edition of Taifas Balkan Film and Culture Festival, set to take place in Timișoara between October 13 and October 19, will include a retrospective dedicated to Romanian director Radu Jude. The public will be able to see the director’s short films, in addition to a preview of his latest production, Dracula, presented at…
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Western Romania: Former cinema hall in Cluj to reopen as music hub
The former Steaua Roșie cinema in Cluj-Napoca will reopen as Edison-House of Music, a cultural hub dedicated to music and community, the organizers of the Jazz in the Park festival announced. Built in the early 1900s, the Edison building became, after World War II, the Steaua Roșie cinema. After 1989, the venue underwent several changes…