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Romania has launched its first 10-year euro-denominated government bond for retail investors, offering a 6.5% coupon, as part of the August Fidelis issuance, Ziarul Financiar reported on July 28. The move comes as the government prepares for a series of large Eurobond repayments starting in late 2025, amid persistent budgetary pressures. The Ministry of Finance…

A scandal broke out on Friday, July 25, after it was made public that deputy prime minister Dragoș Anastasiu was a witness in an older corruption case involving one of his companies. The company, Eurolines, paid bribes for eight years to a financial inspector from Romania’s tax agency ANAF.  Records from the Anti-Corruption Directorate show that between…

President Nicușor Dan, in office for roughly three months, attended the Salzburg Industrialists’ Summit, the most important reunion of the Austrian business community, urging them to invest in Romania. Specifically, the president emphasized the strategic opportunities in the defense, energy, infrastructure, and logistics sectors. “Romania is significantly expanding its defense industry. Our sector offers real…

The Drapers’ Bastion in Brașov, built between the years 1450–1455, will be restored with European funds. The urban landmark will become an interactive museum integrated into the tourist circuit. The rehabilitation of the Drapers’ Tower will support not only tourism but also the construction sector, contributing to the economic and cultural revitalization of Brașov, according…

The National Meteorological Administration (ANM) has issued a code-red warning for persistent and intense heat from July 26, 10:00 AM to July 27, 10:00 AM for the regions of Banat, Oltenia, most of Muntenia, and southern continental Dobrogea. Day temperatures are expected to reach between 39 and 43 degrees Celsius, while the temperature-humidity index is…

The fifth edition of Jazz Bastion will bring three concerts to the Weavers’ Bastion in Brașov, featuring musicians from Romania, Ireland, and Switzerland. This year’s edition “highlights the cultural diversity of music, which always brings together artists and audiences alike, regardless of language, nationality or affinities,” the organizers explained. The public can attend performances by…

Dracula, the latest film of Romanian director Radu Jude, will be screened at this year’s edition of Anonimul International Film Festival, which takes place between August 11 and August 17 in Sfântu Gheorghe, in the Danube Delta. The film has been added to the Locarno Film Festival’s international competition, where it will have its world…

Award-winning films, creative and recycling workshops, community meals inspired by the cultures of the partner countries, mornings with beach sports and evenings with music and dance are part of the program of this year’s edition of Cinemascop, the festival taking place between August 1 and August 10 in the summer garden in Eforie Sud, on…

Over 850,000 citizens from the Republic of Moldova had gained Romanian citizenship by 2024, according to official data cited by Radio Chișinău.  The numbers are even more impressive considering that the Republic of Moldova has a population of around 2.4 million. Numerous Moldovans, including president Maia Sandu, have Romanian citizenship. Once united, the two countries…

Banca Transilvania, listed on the Bucharest Stock Exchange (BVB) since 1997 and the largest bank in Romania by assets, listed its first issue of sustainability bonds in RON, amounting to RON 1.5 billion (EUR 295 million), on the BVB. The bonds, listed under the ticker TLV32, mark a record on the Romanian banking market. The…