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Looking back, 2025 was a year of major change and defining moments for Romania, marked by political transitions, long-awaited international milestones, and events that sparked nationwide debate. From elections that reshaped the country’s leadership to developments that influenced its position abroad, the year left a lasting impact on public life. This retrospective highlights ten of…

The United States remains committed to cooperating with Romania and to deepening collaboration, according to a message posted by the US Embassy in Bucharest on its Facebook page. The two countries share a longstanding relationship. “This year we celebrated 145 years of diplomatic relations between the United States and Romania, a partnership based on shared values,…

Morphosis Capital Fund II, a growth capital fund focused on developing high-growth SMEs supported by Romania Recovery Equity Fund and InvestEU Fund, announced the launch of Echo Elderly Care, a new platform aimed at developing a national network of elderly care services in the country. The initiative is being developed together with entrepreneur Iulian Pleșcan…

Romania’s budget deficit between January-November 2025 has reached 6.4% of GDP, or RON 121.77 billion (EUR 24.35 billion), down 0.74% compared to the deficit recorded in the same period of 2024, which was 7.15%. Romania’s budget deficit at the end of 2024 was 8.65% of GDP (approximately RON 153 billion (EUR 30.6 billion)). According to…

The Competition Council announced on Monday, December 29, that it approved the transaction through which Liberty Galaţi intends to acquire Phoenix Slag Services SRL. Liberty Galaţi is Romania’s largest integrated steel producer. The transaction is part of the implementation of Liberty Galaţi’s restructuring plan, which has been approved by the Galaţi Tribunal. The plan includes,…

Live concerts and a fireworks show will mark the New Year’s Eve celebration organized by Bucharest’s District 3 City Hall in Piața Alba Iulia on Wednesday, December 31. The open-air event is set to begin at 7:00 pm and will continue into the early hours of 2026. The City Hall said the celebration will culminate…

Several well-known ski slopes in Romania remained closed over Christmas due to the lack of snow. There are, however, slopes that are now open, and coming snows promise skiing enthusiasts plenty of opportunities.  Although it snowed on Christmas in several places across the country, the snow was insufficient for practicing winter sports on most of…

Managers in Romania, especially those in industry and retail trade, estimate a moderate decrease in economic activity at the beginning of the year, simultaneously with a rise in prices, according to a survey conducted by the National Institute of Statistics (INS).  Around 17.5% of managers in construction and 10.3% in manufacturing estimate that in the…

Four judges appointed by Romania’s ruling Social Democratic Party (PSD) to the Constitutional Court failed to show on Monday, December 29, to vote on the reform of magistrates’ pensions. As a result, the court president postponed the decision to January 16, 2026. Their actions mean that the new law cutting magistrates’ pensions and raising their retirement…

Music lovers in Romania have a rich offering of concerts in 2026, especially when it comes to rock music. Metallica is set to return to the country next year, in addition to other giant bands such as Iron Maiden and Deep Purple, plus new editions of top rated festivals such as Untold and Electric Castle.…