Category: Uncategorized
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English tourist dies on trail in Romania’s Bucegi Mountains
A 70-year-old English tourist died on Saturday, August 16, due to a cardiorespiratory arrest while on a trail in Romania’s touristic Bucegi Mountains. Emergency crews requested the intervention of a helicopter from the Brașov Air Operations Point in the case, helping them arrive at the scene in about 15 minutes. Once there, medical crews performed…
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Major drug bust: Romanian police seize EUR 3.5 mln worth of cocaine hidden in camper van
Police have seized EUR 3.5 million worth of cocaine found hidden in a camper van last week and arrested two Serbian citizens suspected of trafficking the drugs through Romania. The operation, carried out by the Organized Crime Directorate – Anti-Drug Service together with DIICOT prosecutors, targeted an international network using the Balkan route to smuggle…
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Romanian Environmental Guard inspectors to use bodycams and drones in field operations
Romania’s National Environmental Guard will begin using body cameras and drones in field operations after the government approved new regulations making the equipment operational, the Ministry of Environment announced. The devices, purchased through the National Recovery and Resilience Plan (PNRR), are intended to strengthen enforcement and improve transparency in environmental inspections. Environment minister Diana Buzoianu…
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Romanian Katia Pascariu receives Boccalino d’Oro Best Actress award at Locarno Film Festival
Actress Katia Pascariu was awarded at the Locarno International Film Festival for her role in the film “Sorella di Clausura” directed by Ivana Mladenović. The Romanian actress was given the Boccalino d’Oro Best Actress award, offered by the Jury of Independent Critics. The award has a history of 25 years, and was given to Pascariu…
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Buying pre-loved clothes is also new cool in Romania
Sales of second-hand clothes, shoes, and other products have doubled in the last five years, reaching RON 1 billion (EUR 200 million), according to statistical data provided by the Bridge to Information platform based on official statistics, as quoted by Ziarul Financiar. The market may actually be two to three times larger, however. The figures…
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Romania’s former president Klaus Iohannis ordered to return nearly EUR 1 mln in illegal rent for lost property
Romania’s former president, Klaus Iohannis, has been ordered by the National Agency for Fiscal Administration (ANAF) to return nearly EUR 1 million in rent, penalties, and interest linked to properties in Sibiu that he lost in court, Digi24 reported on August 17. According to the ruling, Iohannis had collected around EUR 300,000 in rent from…
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Romania’s Labor Ministry publishes law on magistrates’ pensions
The magistrates recipients of the so-called “special pensions” or technically “service pensions” not entirely based on past contributions will have to retire at the standard age (65 years currently) and have a minimum length of service of at least 35 years, with the net amount of the pension being limited to 70% of the net…
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Romania’s FinMin publishes its chapter of the second package of fiscal measures
Romania’s Finance Ministry on August 14 published the measures to be included, besides the measures targeting the local administration and the state-owned enterprises, and possibly the special pension law, in the second package of reforms aimed at budgetary consolidation. The Ministry of Development also published the chapter on local administration. The measures proposed by the…
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Romania’s CA deficit narrows by 39% y/y in June, gap in rolling 12 months drops to 8.9% of GDP
The current account (CA) deficit contracted by 39% y/y to EUR 1.9 billion in June, driven by a 7.9% smaller deficit in the trade in goods (EUR 2.5 billion), according to data published by the National Bank of Romania (BNR). The CA gap in rolling 12 months decreased to EUR 31.8 billion in June from…
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Romania’s industry grows for third consecutive quarter, by 1.8% q/q in Q2
Romania’s industrial production volume index, adjusted for seasonality and workdays, increased by +1.8% q/q in Q2, marking the third consecutive growth of positive dynamics according to data published by the statistics office on August 14. Compared to the same period last year, the output was 0.3% lower (-3.7% y/y in Q1) while it lagged by…