Category: Uncategorized
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Romanian Social Democrats still undecided about joining ruling majority
The Social Democratic Party (PSD) remains undecided on whether it will join the next governing coalition, as interim party president Sorin Grindeanu stated on May 30 that internal consultations are ongoing, G4media.ro reported. Grindeanu said the PSD leadership is currently engaging with party members at the local level before making a final decision. He defended…
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Romanian Constitutional Court rules politicians’ wealth statements should no longer be public
The Romanian Constitutional Court (CCR) announced on May 29 that it declared unconstitutional several provisions of Law 176/2010 that compel politicians and dignitaries to disclose their assets and interests on an annual basis, including the provision requiring the publication of the statements. CCR argues that the specific provision violates the right to private life. The…
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Romania’s Treasury taps domestic market with 5-year bond
Romania’s Treasury returned to the longer-term bond market with a successful 62-month issue on May 29, when the yield was set just below 7.5% – close to the level seen on April 14 before the elections, when the same bond was opened. On April 30, also before the May 4 presidential ballot that prompted anxiety…
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Executive head of Romanian employers’ association appointed presidential advisor on economic and social matters
Radu Burnete, executive director of the Concordia Employers’ Confederation, announced on Thursday evening, May 29, that he accepted president Nicușor Dan’s proposal to become his presidential advisor for economic and social issues. The appointment decree was published in the Official Gazette (MO) and will enter into force on July 1. President Dan’s other advisor on…
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Auchan becomes the official partner of the largest barbecue festival in Europe: GRILLFEST BBQ ARENA 2025 powered by Auchan
June 20-22, National Arena, Bucharest – 250,000 sqm, 1 million euros in premium meat, tens of thousands of participants Auchan Romania and GrillFest BBQ are excited to announce a major partnership: one of the retailers with the most extensive support for Romanian producers, and at the same time, one of the most innovative retailers in…
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Romanian investment fund market weathered electoral period well, fund administrators say
The Romanian investment fund market has successfully overcome the tense period from the first quarter of the year, caused by an unpredictable economic and political context as well as increased volatility in global markets, according to fund managers gathered at the quarterly debate on the performance of investment funds organized by the Bucharest Stock Exchange…
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British prosecutors bring 21 charges against Tate brothers, case in Romania comes first
Prosecutors in the United Kingdom confirmed for the first time the full list of 21 charges Andrew and Tristan Tate will face when they are returned to the UK. The list includes rape, actual bodily harm, and human trafficking. Charges were brought before an extradition warrant was issued to bring Andrew and Tristan Tate from…
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Romania to receive minehunter from UK Royal Navy in summer 2025
Romania is set to receive HMS Pembroke, a 26-year-old Sandown-class minehunter, from the UK Royal Navy, with delivery anticipated for the summer of 2025, according to Naval-Technology.com. The acquisition, reportedly confirmed by British defense minister Maria Eagle, finalizes an agreement from September 2023 that also included HMS Blyth, now named Sublocotenent Ion Ghiculescu. The contract…
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Bionic arm advocate Tilly Lockey to speak at Bucharest Tech Week 2025
Tilly Lockey, one of the world’s most prominent voices in human augmentation and wearable technology, is set to take the stage at the Innovation Summit on June 16, marking the first day of the Business Summits at Bucharest Tech Week 2025. Her keynote, titled “Bionically Beautiful,” will focus on her personal journey with bionic technology,…
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Romania’s ethnic Saxon minority showcases its customs and heritage at Haferland Week 2025
This year, the Transylvanian Saxons will hold their yearly celebration of customs and heritage, the Haferland Week, in 10 villages traditionally inhabited by the German minority between July 31 – August 3. The program will include dances and brass band concerts, a picnic at the Saschiz Refuge Fortress, as well as a guided tour of…