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Romania’s nuclear power producer Nuclearelectrica (BVB: SNN) signed two financing agreements worth EUR 620 million with a banking syndicate led by JP Morgan SE for major projects at the Cernavoda nuclear plant, the company announced in a press release. The largest facility, a EUR 540 million loan, will fund the preliminary phase of the refurbishment…

Romania’s public debt rose by RON 5.9 billion (EUR 1.2 billion) in June to RON 1.04 trillion (EUR 204.9 billion) at the end of the month, according to data published by the Finance Ministry.  The debt-to-GDP ratio reached 57.2%, based on updated GDP available as of the end of the second quarter of the year.…

Romania’s government will complete its 2025 budget revision by the end of September, prime minister Ilie Bolojan announced on Wednesday, September 24. The revised budget will be launched on Thursday, published no later than Friday, and adopted in an extraordinary cabinet meeting early next week, he said in a press conference. The European Commission has…

The European Commission agreed that Romania will reach a budget deficit of 8.4% of GDP this year, specifically RON 159 billion (almost EUR 32 billion), prime minister Ilie Bolojan announced at a press conference held in Bucharest on September 24, following his visit to Brussels. The expert teams from Romania’s Finance Ministry and the European…

The Romanian documentary TATA, directed by Lina Vdovîi and Radu Ciorniciuc, will premiere on HBO Max on October 3, following a successful run on the international film festival circuit. Filmed in Italy, Moldova, and Romania, the documentary captures a daughter’s struggle to break the cycle of family violence while confronting her own painful past. The…

The Constitutional Court of Romania, at its meeting on September 24, has postponed until October 8 the decision on four of the five laws in the second package of budgetary measures proposed by the government of prime minister Ilie Bolojan, including the key law regarding magistrates’ pensions, according to Ziarul Financiar. The Parliament already approved…

President Nicușor Dan called on Moldovan citizens living, studying, and working in Romania to cast their ballots in Sunday’s parliamentary elections in the Republic of Moldova, describing the vote as a decisive moment for the country’s future. In a message on social media, the Romanian leader emphasized that the outcome of the elections would not…

French actress Emmanuelle Béart will be a guest of this year’s edition of Les Films de Cannes à Bucarest, the festival that showcases productions awarded at the Cannes film festival. The event will run a retrospective consisting of three of her films, namely Jacques Rivette’s La belle noiseuse, Claude Sautet’s Un coeur en hiver, and…

The exhibition Brâncuși. Sculpting with Light, set to open in Krakow this week, will present a selection of original photographs by the Romanian-born artist found in three private collections: David Grob, Bruce Silverstein New York, and Christian Reyntjens. The exhibition is described as “an attempt to penetrate the creative process of the Romanian artist, to…

The event that introduced the idea of giving the public space back to the city residents returns with an anniversary edition, while experimental film is under the spotlight at a dedicated festival in Bucharest. In Bucharest: Street Delivery September 26 – September 28 The event, held on Arthur Verona Street, turns 20 this year with…