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President Nicușor Dan said he favors a policy of “gradual change” in Romania, arguing that “this is not the time for revolutions and destabilization” given the current international context, journalists travelling with him to Paris reported on January 7. The president also expressed confidence in the stability of the governing coalition this year. Asked whether…

Romania’s Manufacturing PMI index compiled by BCR based on S&P guidelines, improved to 48.9 points in December, recovering from 47.2, the weakest performance in eight months, and still remaining in the contractionary region of the 0-100 scale due to negative contributions of both output (current manufacturing performance) and new orders (reflecting the outlook), according to…

The public administration reform will be legislated within two weeks, in the second half of January, according to prime minister Ilie Bolojan. The government will approve the 2026 budget in February, after talks begin next week (starting January 12), he added, speaking in an interview with Digi24. The government expects to report a budget deficit of…

The justice system remains a key issue, while several high-level appointments are expected this year, including in the intelligence services. Here are several topics to watch in the coming period. The governing coalition dynamics The government led by prime minister Ilie Bolojan, backed by a coalition made up of the Social Democratic Party (PSD) and…

A series of announced government ordinances signal that fiscal pressure could be reduced starting in 2026, through the reduction and elimination of certain taxes applied to companies, despite the looming budget deficit, according to an analysis carried out by PwC Romania. “Halving the minimum turnover tax (or IMCA) starting in 2026 and its subsequent elimination,…

The Ministry of Foreign Affairs announced that the Romanian government allocated EUR 50 million to support Ukraine’s defense through the US-backed PURL mechanism on Tuesday, December 30. Several states in the EU agreed to contribute to the “Priority Acquisition List Required for the Defense of Ukraine” (or PURL) US weapons program. The mechanism allows for…

The Archbishop of Tomis, Teodosie, officiated the service of the Great Blessing of the Water on Monday, December 5, blessing water barrels in front of the Archiepiscopal Cathedral “Saints Apostles Peter and Paul.” Importantly, the Epiphany and St. John the Baptist’s Day, January 6-7, mark the end of the winter holidays in Romania. The blessed water…

The bid of Banat for the title of European Region of Gastronomy 2028 was analyzed and accepted during the meeting of the consultative forum of the International Institute for Gastronomy, Culture, Arts, and Tourism (IGCAT), the Timiș County Council announced in mid-December. The next stage will be the visit of the international jury, scheduled to…

President Nicușor Dan and prime minister Ilie Bolojan, both seen as reformist figures in the Romanian political sphere, stressed upcoming challenges but also the importance of unity in their messages marking the end of 2025. A tumultuous year politically, 2025 saw the election of Bucharest mayor Nicușor Dan as president and the establishment of the…

Investors on the Bucharest Stock Exchange saw the main BET index close at a historic high of 24,439 points in 2025, up 46% from the beginning of the year and 55% if dividends are included, the best annual growth rate since 2009. The last trading session of 2025 confirmed the trend of an exceptional year,…