Category: Uncategorized
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Erste expects slow political normalisation in Romania to impair pace of reforms
The increased animosity between the four parties that formed the governing coalition does not indicate, at this moment, a quick resolution of the political crisis, as the financial markets seem to be betting, according to an Erste Group research note consulted by Cursdeguvernare.ro. While the headway and measures already enacted may provide some fiscal space…
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SocGen sees short-term stabilisation, but no durable political normalisation in Romania
Société Générale expects pressure on Romania’s national currency to ease in the short term as the country moves toward either a technocratic cabinet or a reconfigured ruling coalition, but warns that a lasting improvement in investor sentiment has become increasingly unlikely amid the ongoing political crisis. “While we expect a near-term stabilisation in our base…
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S&P sees political instability as complicating Romania’s fiscal consolidation beyond 2026
The fall of the coalition government led by Ilie Bolojan could complicate discussions on reducing the budget deficit for next year, warned the financial rating agency S&P on May 6. It is the first of the three major rating agencies to send a message after the government was dismissed through a no-confidence motion in Parliament…
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EC encourages Romania to continue fiscal consolidation, implement RRF reforms
The Romanian authorities are encouraged to continue budgetary policy measures in line with the fiscal consolidation trajectory recommended at the European level, the European Commission said in an official answer returned to Economedia.ro. The Commission will publish its assessment of compliance with commitments under the excessive deficit procedure on June 3. On a positive note…
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Where History Meets Business Excellence: Inside the Meetings & Events World of InterContinental Athénée Palace Bucharest
Bucharest’s most storied hotel raises the bar for corporate events – and this spring, it’s sweetening the deal with a standout offer. Bucharest has no shortage of conference venues. But very few can claim a ballroom listed as a National Heritage monument, one of the first Michelin Keys awarded on the Romanian market and a…
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Largest Polish pharma group Polpharma to take over Romania’s Biofarm at EUR 270 mln valuation
Romanian pharmaceutical company Biofarm (BVB: BIO), listed on the Bucharest Stock Exchange, is to be subject to a voluntary public takeover offer by Zakłady Farmaceutyczne Polpharma, the largest Polish drug manufacturer. Romanian investment funds Longshield Investment Group and Lion Capital, which own together 88.4% of the Romanian company, announced they had already accepted the offer.…
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Romania’s Romgaz agrees on takeover terms with fertilizers producer Azomures
Romania’s natural gas group Romgaz (BVB: SNN), in a note to investors, announced it reached an agreement over the terms of the deal, including the price, by which it plans to take over fertiliser producer Azomures. The deal, expected to be completed within 3-4 months, turns the Romgaz group into a major natural gas consumer…
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Pro-Europe march to take place in Bucharest this weekend
A pro-Europe march in support of democracy and the rule of law will take place in Bucharest on Saturday, May 9 – Europe Day, organizers announced, as reported by News.ro. The demonstration will begin in Universității Square and continue toward Victoriei Square under the slogan “One Road: Europe!” The event is organized by Asociația MEA…
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Weekend calendar: Bucharest Half Marathon, Bucharest Street Food Festival, Village Museum Days
The warmer weather brings a host of outdoor events, while the European Film Festival kicks off its Bucharest edition. In Bucharest: European Film Festival May 6 – May 17 The Bucharest edition kicks off with an anniversary gala at the Museum of Art of Romania (MNAR), followed by screenings held at Apollo111 Cinema, Elvire Popesco…
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Cornel Varvara awarded in Bucharest by Prof. Dr. Bob Djavan for his involvement in healthcare
Cornel Varvara’s sustained involvement in medical projects with social impact has earned the businessman international recognition, culminating in a distinction awarded during a major European medical event held in Bucharest. On April 23, 2026, during the “Future Game Changers in Medicine and Healthcare” conference held at Novotel City Center in Bucharest, Cornel Varvara, President &…