Category: Uncategorized
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Romania’s public debt hits 56.6% of GDP at end-April
Romania’s public debt increased by RON 14.5 billion (EUR 2.9 billion) in April to RON 1.013 billion (EUR 203.5 billion) at the end of the month, amid the EUR 2.75 billion FX bonds issued by the Treasury at the end of March but registered on April 2. In the first four months of the year,…
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Romanian president: NATO, EU and UK confirm Russian cyber attacks and election interference
Romanian president Nicușor Dan stated on Monday, July 21, that NATO, the European Union, and the United Kingdom have confirmed that Russia is conducting cyberattacks, manipulation, and disinformation campaigns across European states, including Romania. He added that the Romanian state must continue to present new evidence regarding what happened in the November 2024 presidential elections,…
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Romania secures EUR 2 bln deal with Israel’s Rafael for SHORAD-VSHORAD air defense systems
Romania has signed a framework agreement with Israel’s Rafael Advanced Defense Systems Ltd for the acquisition of SHORAD-VSHORAD air defense systems, the Ministry of National Defense (MApN) announced. The total value of the acquisition is RON 10.33 billion (about EUR 2 billion), excluding VAT. The framework agreement, concluded through the national defense company CN Romtehnica…
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ARTE.tv launches Romanian-language version for viewers in Romania and Moldova
ARTE.tv, the European public streaming platform, is now available in Romanian for viewers in Romania and the Republic of Moldova. The new version of the platform offers access to documentaries, series, news programs, concerts, and films, all with Romanian subtitles or voice-over. ARTE.tv already offers content in six other languages, namely French, German, English, Spanish,…
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Study: Most Romanians believe AI can reduce corruption in public institutions
A new study by RoCoach and Novel Research shows that 72% of Romanians believe artificial intelligence (AI) could help reduce corruption and increase transparency in public institutions. The findings reflect growing public interest in how technology, including digital records and the use of AI, could improve administrative efficiency. Despite this optimism, 44.5% of respondents say…
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Romania Education Alliance launches EUR 20 mln plan to grow private school network
Romania Education Alliance (REA), the first national initiative dedicated to scaling private education in the country, has unveiled a EUR 20 million investment plan aimed at uniting over 15 private schools under a single educational network by 2028. The announcement marks a significant milestone for REA, founded in 2024 by education entrepreneurs Anca and Dan…
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Environment minister says Romania’s flood-hit Praid Salt Mine beyond saving, collapse just a matter of time
Environment minister Diana Buzoianu issued a stark warning about the condition of the Praid Salt Mine, saying the site is in an irreversible state of degradation and the collapse of its ceiling is now only a matter of time. During a recent visit to the area alongside economy minister Radu Miruță, a portion of the…
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Code Red heat alert in southern Romania as temperatures expected to soar past 40°C
A Code Red warning for extreme heat has been issued in southern Romania, with the intense heatwave expected to grip the region between Tuesday morning, July 22, and Wednesday morning, July 23. The alert covers the counties of Dolj, Olt, Teleorman, Giurgiu, Călărași, Ilfov, and the capital city, Bucharest. Temperatures in these areas are forecast…
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Ukrainian military aircraft briefly enter Romanian airspace during major Russian attack
Four Ukrainian military aircraft unintentionally entered Romanian airspace for several minutes during the night of July 20 to 21, amid a large-scale Russian attack on Ukraine’s airport infrastructure. The Romanian Ministry of National Defence (MApN) confirmed the incident, stating that two Romanian F-16s and two Italian Eurofighter Typhoons were scrambled as a precaution, but the…
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Romania’s wages 35% of EU average despite labour productivity at 80%
Romania is the most competitive country in the region in terms of labour costs relative to productivity, according to an Erste Group report quoted by Cursdeguvernare.ro. Although the labour costs have increased more than productivity, the nominal gross hourly wage in Romania is 35% of the EU27 average, while the nominal productivity per employee is…