Category: Uncategorized
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Poll shows four relevant candidates for Bucharest mayoral elections
In the competition for the mayor of Bucharest, Social Democrat (PSD) Daniel Băluță and Liberal (PNL) Ciprian Ciucu are tied in an Avangarde poll, while the candidate of the reformist Save Romania Union (USR), Cătălin Drulă, and the isolationist candidate Anca Alexandrescu are not far behind. In the single-ballot architecture of the elections, this is…
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IMF mission to carry out Article IV consultations in Bucharest this month
An International Monetary Fund (IMF) team, led by Joong Shik Kang, will visit Bucharest between September 3 and 12 for the annual Article IV Consultation with the Romanian authorities, Hotnews.ro announced, citing IMF representatives. The IMF has recommended a comprehensive and controversial tax reform for Romania, designed to boost fiscal sustainability and fairness while supporting…
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Romanian tax experts warn problems remain in the revised fiscal chapter of second reform package
Romanian tax experts warned that the draft law published by the Finance Ministry after revision still includes major issues that not only challenge companies’ activity and lead to creative accounting, but also could make it vulnerable to litigation since it breaches EU regulations and economic principles. The new draft law on corporate income tax will…
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Romania’s government approves five of six chapters of second package of reforms
Romania’s government, after a meeting on Friday, August 29, announced in a press conference that it approved five of the six chapters designed to be part of a second package of budgetary reforms. The sixth chapter, on public administration, was tackled during a meeting of the ruling coalition two days later, when this chapter was…
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Romania’s Constantin Popovici claims silver at High Diving World Cup in Sardinia
Romania’s Constantin Popovici won silver on Sunday, August 31, at the World Aquatics High Diving World Cup in Sardinia, cementing his place among the sport’s elite with one of the most technically demanding dives of the competition. Competing from a platform suspended 27 meters at Porto Flavia, Popovici executed a handstand entry followed by three-and-a-half…
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Voluntary waste collection center opens in western Romania, funded by EU Recovery Plan
Dumbrăvița, a growing community near the western city of Timișoara, has become the first locality in Romania to inaugurate a voluntary waste collection center financed through the EU-backed National Recovery and Resilience Plan (PNRR). The project was launched last week in the presence of environment minister Diana Buzoianu. The center, financed with RON 4.5 million…
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Romanian film review – Merman & An Almost Perfect Family
The autumn kicks off with two documentaries that could not be more varied in form, both dealing with the collective and the individual, and I am thrilled to see them hit theatres. Ana Lungu’s Merman/ Triton will be shown in a pre-release screening in Timișoara on 7 September. I couldn’t find the official premiere date…
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The first Michelin Star Chef series in Romania: Four Michelin – Starred Chefs take over Boulevard 73 at Corinthia Grand Hotel du Boulevard Bucharest
Starting on 4 September and running through until December, Boulevard 73 restaurant at Corinthia Grand Hotel du Boulevard Bucharest will host a Michelin chef series of culinary events specially curated for the most refined tastes. For the first time in Romania, gourmet cuisine enthusiasts will have an opportunity to enjoy dishes created by four internationally…
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Romania’s budget deficit rises to over 4% in first seven months of 2025
Romania’s consolidated budget deficit rose to 4.04% of GDP after the first seven months of this year, from 3.68% at the end of June, and reached RON 76.44 billion (EUR 15 billion), according to data published Thursday, August 28, by the Ministry of Finance. Total revenues amounted to RON 370.77 billion in the first seven…
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European Council president Antonio Costa to visit Romania as part of EU tour
European Council president Antonio Costa will visit Romania on September 4 as part of his “Tour des Capitales,” a series of meetings with EU leaders aimed at shaping the bloc’s agenda ahead of key European summits later this year. According to the official announcement, Costa is set to hold talks in Bucharest with Romanian president…