Category: Uncategorized

The Romanian Banking Employers’ Council (CPBR) expressed strong opposition on June 25 to a proposed new tax on so-called “excessive profits” in the banking sector, which was included in the government’s 2025–2028 Ruling Programme. The association warned that the measure could generate adverse economic and social consequences despite offering the illusion of short-term fiscal relief.…

The 2025-2028 Ruling Program published by the government of prime minister Ilie Bolojan is “the best in past 35 years [since the fall of communism]” and could avoid the need to hike the standard VAT rate from 19% currently, according to Eugen Rădulescu, advisor to the central bank (BNR) governor quoted by Bursa.ro. Independent analysts…

Defense minister Liviu-Ionuț Moșteanu emphasized Romania’s unwavering commitment to NATO’s collective defense and transatlantic unity during a working dinner with allied counterparts on Tuesday, June 24, held on the sidelines of the NATO Summit in The Hague. “Romania remains a reliable ally, deeply committed to strengthening NATO’s defense and deterrence posture. We support increased defense…

Făgăraș Fest 2025, taking place between July 11-13 in the village of Sebeșu de Sus, Racovița commune, Sibiu County, announced its program on Tuesday, June 24. Activities include open-air music, hikes, guided nature tours, debates, and many more. Festival goers will be able to listen to well-known rock bands such as Subcarpați and Vama, and…

The Romanian Parliament has elected new leaders for its two chambers following the formation of the new government led by prime minister Ilie Bolojan. Sorin Grindeanu, the interim leader of the Social Democratic Party (PSD), was confirmed as president of the Chamber of Deputies, while Mircea Abrudean of the National Liberal Party (PNL) was elected…

Former tourism minister Elena Udrea received on Tuesday, June 24, approval for conditional release from the commission at the Târgșor women’s penitentiary, where she is incarcerated, News.ro reported.  Next, the court is scheduled to review the request for release later this week. If the judges accept the prison commission’s recommendation and gives Udrea the conditional release,…

Six months into Donald Trump’s second mandate as president of the United States, Romanian citizens are among the most pro-Trump Europeans. Most believe that his presidency is a good thing both for the country and for world peace. According to an opinion poll conducted in 12 European countries by the European Council on Foreign Relations (ECFR), 41%…

Dr. Mireille Rădoi, General Director of the “Carol I” Central University Library in Bucharest, took part in the 16th edition of the Alba Transilvana Book Fair, held on June 20–22 in Alba Iulia. Organized by the “Lucian Blaga” Alba County Library, the event gathered hundreds of writers, publishers, educators, researchers, and passionate advocates of written…

Romania ranks 49th in the 2025 edition of the World Competitiveness Yearbook, a report compiled by the International Institute for Management Development (IMD) and published in Romania by CIT-IRECSON, the Technological Information Center. The global top three are Switzerland, Singapore, and Hong Kong, according to a press release quoted by news agency Agerpres. Compared to…

Ionuț Mircea Costea, brother-in-law to former presidential candidate and NATO second in command Mircea Geoană, was handed over to Romanian authorities on Tuesday, June 24, after being extradited by Turkey.  Costea was the director of Romania’s Eximbank and is the brother of Mircea Geoană’s wife. He has a six-year prison sentence for bribery. He “is…