Category: Uncategorized

A Memorandum of Understanding on Capital Market Development was signed between the Ministries of Finance of Bulgaria, Croatia, Poland, Romania, Slovenia, the Slovak Republic, the Republic of North Macedonia, and the Ministry of National Economy of Hungary, according to Radio Romania.  The memorandum regulates institutional cooperation for the development of deeper and more efficient capital…

About 50,000 new mortgage loans were granted at a national level in the first six months of 2025, the highest level registered in the first semester in the last five years, according to a market analysis published by online broker Ipotecare.ro and mortgage lending company SVN Romania.  The total value of the new granted mortgage…

Music Gallery, the only exhibition in Romania devoted entirely to music, will embark on a national tour this fall, bringing an interactive “pop-up” experience to six cities across the country. The first stop will be Mega Mall in Bucharest, where the exhibition will run from September 4 to 14. Founded in Cluj-Napoca, Music Gallery blends…

A new poll conducted by Avangarde highlights divisions among Romanians over the country’s wartime history, with a majority describing the fascist Legionary Movement as criminal while opinions remain split on Marshal Ion Antonescu’s legacy. According to the survey cited by News.ro, 59% of respondents said they believe the Legionary Movement, a far-right organization that collaborated…

Oxygen, Romania’s largest independent integrated communications agency, has established the Oxygen Association as part of its ongoing commitment to responsibility, sustainability, and meaningful results.   The new association will focus on environmental, educational, and social initiatives, continuing and expanding Oxygen’s efforts from recent years. Among them is the Oxygen Forest, a program started in 2022…

Romania is set to enact the Defense Law and the Law on Preparing the Population for Defense, according to defense minister Ionuț Moșteanu. If the draft laws are approved, young people between 18 and 35 years old will be able to do the army voluntarily for a period of four months. According to the Romanian…

Bucharest’s Băneasa Forest, one of the Romanian capital’s most important green lungs, is at the center of a growing dispute as environmental groups warn of irreversible damage if forest roads are opened to car traffic. More than 40 non-governmental organizations and civic groups, together with the Bucharest Environmental Platform, issued an open letter on Tuesday,…

Romania’s deposit-return system has set a new milestone, with consumers handing back more than 580 million beverage containers in July alone, the highest monthly figure since the program’s launch in late 2023, RetuRO announced on Tuesday, August 26. The company, which manages the nationwide Deposit-Return System – SGR, said that from January to July 2025,…

A fire broke out on the night of Tuesday to Wednesday, August 26 to 27, at the Dragonul Roșu (Red Dragon) Complex near Bucharest, impacting roughly 3,800 square meters. Soon after the fire broke out, the materials stored in the hall caught fire as well, partially collapsing the building located on Drumul Gării, according to…

Germany has reaffirmed its strong support for Romania’s bid to join the Organisation for Economic Co-operation and Development (OECD), underscoring the country’s progress toward meeting international standards in governance, transparency, and economic development. The German Embassy in Bucharest announced that ambassador Angela Ganninger conveyed Berlin’s backing during her introductory meeting with Luca Niculescu, Romania’s Secretary…