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Romania’s economic growth will be somewhere between 0-1% and further acceleration in 2026 remains unclear, Fiscal Council head Daniel Dăianu said in a conference, as quoted by Economica.net. He toned down extreme pessimistic scenarios, such as those expressed by BRD-SocGen’s chief economist, Florian Libocor. Libocor, in a conference this week, nearly ridiculed those still expecting…

Amid inflation, rising costs, and recent tax changes, 80% of respondents to a survey by the employers’ association Concordia believe the economic environment has deteriorated, while 71% expect further deterioration over the next 12 months. Investment plans remain cautious in this context, signaling a potential drag on economic growth. According to the survey, which included…

Furniture retailer IKEA Romania said that it recorded an 8.6% increase in total sales in fiscal year 2025, driven by strong performance across both online and offline channels. Total turnover surpassed RON 1.5 billion between September 1, 2024, and August 31, 2025, with more than 43.9 million products sold. The company’s online sales rose by…

The University of Cambridge has established a new Romanian Lectorate within its Faculty of Modern and Medieval Languages and Linguistics (MMLL), according to the official announcement. Fully funded by the Romanian government through the Institutul Limbii Române (ILR), it will offer open courses in Romanian language and a series of cultural events accessible to all…

A draft law approved by Parliament after a negative vote in the Senate was overruled by the Chamber of Deputies, clearing the hydropower projects in the environmentally-protected areas that held the necessary permits as of mid-2007, when the environmental protection was instated, received harsh criticism from environment minister Diana Busoianu (Save Romania Union – USR). …

Romania’s minimum wage may remain unchanged in 2026, despite mounting pressure from within the ruling coalition. Government spokeswoman Ioana Dogioiu said on Thursday, October 16, that prime minister Ilie Bolojan is “in principle” against raising incomes next year. “The subject is under the prime minister’s analysis. When I asked him, he replied: ‘In principle –…

The Commander of the Central Military Hospital in Bucharest, Major General Florentina Ioniță-Radu, was brought to the headquarters of the National Anticorruption Directorate (DNA) on Thursday, October 16. She was questioned in a case investigating crimes of abuse of office, complicity in abuse of office, and usurpation of official positions.  After the questioning, Ioniță-Radu was…

The imported celebration is creeping up fast, and various events promise a scare-filled schedule for all ages. A selection of what is happening in Bucharest and in the country below. In Bucharest: Titan Pumpkin Fest October 17 – October 19 Visitors are invited to explore four themed areas: a creative workshop space, a performance stage,…

North Bucharest Investments anticipates a surge in international interest in the local real estate market following the launch of the Romanian Golden Visa program — a modern mechanism granting foreign investors a 5-year residence permit and the possibility to later apply for Romanian citizenship. The program, which allows eligible investments starting from €400,000 in real…

Between October 21-25, Bucharest hosts the Climate Change Summit, the most important event in Central and Eastern Europe dedicated to climate action. The main event will take place on October 21 at the Palace of Parliament, featuring the participation of international leaders, decision-makers, and sustainability experts. CCS Week includes over 25 events held in Bucharest,…