Category: Uncategorized
-
Romanian Parliament again passes controversial integrity law invalidating mandate of Timisoara mayor
The Romanian Senate, acting as the decision-making chamber in the case, passed the controversial law governing the National Integrity Agency, or ANI, on Wednesday, August 26, after it was amended to take into account decisions of the Constitutional Court. The bill passed the upper house of Parliament with 106 votes “for” and 19 “against,” according to…
-
Romanian tour developer Christian Tour registers 15% higher net profit in H1 2026
Christian Tour (BVB: TRIP), a major integrated tourism platform and the first Romanian tour operator listed on the Bucharest Stock Exchange, announced its results for the first half of 2026. According to the company press release, total revenues increased by 12% year-over-year to RON 184.7 million, while EBITDA advanced at a faster pace, by 24%,…
-
Romania’s First Lady, UNICEF reaffirm commitment to children’s rights and participation
The First Lady of Romania, Mirabela Grădinaru, met on Tuesday, August 25, with a UNICEF delegation led by Edouard Beigbeder, UNICEF Regional Director for Europe, Central Asia, the Middle East and North Africa, to discuss promoting children’s rights and strengthening the participation of children and young people in decisions that affect their lives. The discussions…
-
Drone fragment discovered on beach in Romanian seaside resort Olimp
A drone fragment was found on Wednesday, August 26, on a beach in the Romanian Black Sea resort of Olimp. The fragment was brought onto the beach by waves and was noticed by several people who notified the authorities. Authorities restricted access to the area, and specialists went to the scene to analyze the object.…
-
Fast food chain Popeyes expands in Romania with first restaurant in Timisoara
US fast-food chain Popeyes announced the opening of its first restaurant in Timisoara, western Romania. The chain, which launched in Romania four years ago, currently has 23 restaurants, of which 8 are in Bucharest, 2 in Iasi, 2 in Constanta, 2 in Cluj, and one in Pitești, Craiova, Buzău, Ploiești, Brașov, Sibiu, Oradea, Suceava and…
-
L’Étape Romania by Tour de France brings traffic restrictions to Bucharest this weekend
The fifth edition of L’Étape Romania by Tour de France will take place in Bucharest on Sunday, August 30, with almost 2,000 cyclists expected to participate. As such, traffic will be restricted on several major streets and boulevards in the city between 7 a.m. and 2 p.m. The restrictions will affect Unirii Boulevard, Mircea Vodă…
-
Social Monitor: Romania exceeds EU average for household internet access but ranks last in digital skills
Romania has moved above the European Union average for household internet connectivity, with 95.47% of homes having access in 2025. However, the country ranks last in the EU for the share of people with at least basic digital skills, according to Eurostat data analyzed by the Social Monitor, a Friedrich Ebert Foundation project. The share…
-
Romania’s CFA macroeconomic confidence index rises on steady sovereign rating
Romania’s Macroeconomic Confidence Indicator compiled by the CFA Romania Association increased by 6.7 points to 44.2 in July, with confidence improving after rating agencies confirmed the country’s investment-grade status. Despite the stronger sentiment, CFA analysts expect the economy to stagnate in 2026, with the risk of recession remaining elevated. The current conditions indicator rose by…
-
Romania’s Senate approves green hydrogen law tied to EUR 1 bln RRF milestone
Romania’s Senate has approved legislation updating the framework for integrating renewable and low-carbon hydrogen into the transport and industrial sectors, a measure linked to a National Recovery and Resilience Plan (PNRR) milestone worth more than EUR 1 billion, according to Economedia.ro. The bill was adopted on August 24 as the first Chamber notified and now…
-
Bank loans in Romania keep shrinking in real terms
The stock of bank loans in Romania rose by 7.8% y/y to RON 472.4 billion (EUR 90.0 billion) at the end of July, rising more slowly than the double-digit consumer price inflation but also compared to the nominal advance of the GDP (+8.8% y/y, latest data available as of March 2026), according to data published…