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The president of the Republic of Moldova, Maia Sandu, received the European Order of Merit on Tuesday, May 19, during a ceremony held at the European Parliament in Strasbourg. The award was established last year by the European Parliament, on the occasion of the 75th anniversary of the Schuman Declaration, to reward personalities who have…

International rating agency Fitch said it expected the near-term impact of the political crisis in Romania on the public finances “to be limited.” It admitted political uncertainty could remain high in the near term, but does not expect the crisis to lead to snap elections. Fitch argued that the fiscal performance has been strong this…

Romania’s Ministry of Culture congratulated director Cristian Mungiu and the team behind Fjord after the movie received a 12-minute standing ovation at the Cannes Film Festival. The ministry described the reaction as one of the strongest received at this year’s festival. In a Facebook post, the ministry praised Mungiu, actors Sebastian Stan and Renate Reinsve,…

Only 12 days before the deadline for signing the financing contract with the European Commission under the European SAFE scheme, Romania risks losing the EUR 17 billion financing attached because of bureaucracy, defense minister Radu Miruță said in an interview with Libertatea. SAFE envisages European funding of almost EUR 17 billion intended for the defense…

UniCredit Bank maintained its forecast for Romania’s economy to grow by 1% in 2026 despite weaker-than-expected first-quarter data, while warning that the country faces overlapping risks from recession, inflation, and political uncertainty, according to a research report cited by Cursdeguvernare.ro. UniCredit’s assessment contrasts with the more pessimistic outlook recently published by Erste Group, which revised…

Romania is not at risk of defaulting on its external obligations, given the adequate level of international reserves, National Bank of Romania (BNR) governor Mugur Isărescu said while presenting the central bank’s quarterly Inflation Report on May 19. The governor rejected what he described as “catastrophic” assessments suggesting Romania is close to financial collapse or…

Romania’s new Wage Law for the budgetary sector, required under the Recovery and Resilience Facility (RRF) to unlock EUR 700 million in EU funding, envisages only a modest increase in the public payroll in 2027, according to Hotnews.ro citing finance minister Alexandru Nazare. Having the law passed in parliament will be a test for the…

The Romanian Post will inaugurate next week a regional logistics and courier hub in Bucharest, located on Calea Giulești 6-8, a project in which it has invested RON 50 million (nearly EUR 10 million), according to Profit.ro. The project is part of a large investment program carried out by the national postal operator, which exceeds RON 150…

The year’s award-winning images are on display at the exhibition World Press Photo 2026, now open in Bucharest’s University Square. The public can explore dozens of images that have travelled the globe, in a showcase gathering stories on the overreach of power, the climate crisis, war and conflict, but also resilience, rebuilding, and the dignity…

Two Romanian women are missing after a building collapsed following an explosion in the German city of Görlitz near the Polish border, Romania’s Ministry of Foreign Affairs confirmed on Tuesday, May 19. German rescue teams are continuing search operations for people believed to be trapped under the rubble. According to the Romanian Foreign Ministry, German…