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Romania’s gross external debt increased by EUR 22 billion in the first ten months of 2025 to reach EUR 225.5 billion at the end of October, equivalent to 61% of gross domestic product (GDP), according to data published by the National Bank (BNR). Long-term liabilities accounted for 78.7% of the total stock. BNR data showed…

Romania’s current account (CA) deficit widened by 1.9% y/y to EUR 3.19 billion in October 2025, bringing the deficit in the rolling 12-month period to EUR 29.8 billion – up 9.5% y/y and at 8.2% of the GDP, according to data published by the National Bank (BNR). The CA-to-GDP ratio was 8.2% for the previous…

Wizz Air officially reopened its base in Suceava, northeastern Romania, on Monday, December 15, marking a key step in its local expansion. With the allocation of two next-generation Airbus A321neo aircraft, the airline now operates a total of 41 aircraft in Romania, with two additional planes already announced for 2026. The reopening coincides with the…

The Romanian Parliament rejected on Monday, December 15, a no-confidence motion against the government led by Liberal (PNL) prime minister Ilie Bolojan, with the initiative falling well short of the votes required to bring down the cabinet. The motion received 139 votes in favor, far below the 232 needed for adoption, according to Biziday.ro.  Of…

Dragos Dobrescu, founder of Monolit and the visionary behind the Vitalitas senior care campus There are entrepreneurs who build businesses, and then there are entrepreneurs who build standards. Dragos Dobrescu, founder of Monolit and one of the discreet architects of Romania’s modern urban landscape, belongs firmly to the latter category. For more than three decades,…

“Garden of Memories,” a civic initiative meant to commemorate the 1989 Revolution that led to the fall of communism in Romania, is set to take place between December 19-20 around the Memorial of Rebirth, in Bucharest’s Revolution Square.  Organized by the Streets for People Association, together with the Bucharest City Hall and the Museum of…

Runware, a startup founded by two Romanian entrepreneurs, announced last week that it has secured a USD 50 million Series A funding round led by Dawn Capital, one of the largest European investors in B2B software companies. The round also included Comcast Ventures, Speedinvest, Insight Partners, and a16z Speedrun. The company founded by Flaviu Rădulescu and…

The body of Romanian former justice minister Rodica Stănoiu was exhumed on Monday, December 15, after prosecutors opened an in rem case regarding her suspicious death, Digi24 reported. Investigators are looking into the possibility that the former minister may have been killed through negligence.  Rodica Stănoiu, former justice minister in the Adrian Năstase government, died on…

Authorities in Romania have begun imposing fines for owners of bicycles and electric scooters who do not take out mandatory motor third-party liability insurance (RCA). The new rules have been applicable since November 13, but the Romanian Parliament granted a 30-day grace period until the application of sanctions, according to Digi24. The new law regulating RCA…

Art Safari will relocate to Amzei Square in central Bucharest in 2026, where it will operate under a new format titled Art Safari New Museum, following more than a decade of pop-up exhibitions hosted in historic buildings across the capital. After 12 years, 17 editions, and more than 1 million visitors, the exhibition platform will…