Category: Uncategorized
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Romanian PM assures that mature Anghel Saligny projects will continue despite funding freeze
Romanian prime minister Ilie Bolojan has offered assurances that public investment projects already in advanced stages under the Anghel Saligny National Programme will continue, despite the government’s decision to halt broader funding for the scheme due to budgetary constraints. His statement was made during an interview on B1 TV on July 21, following a wave…
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Romania’s Social Democrats propose 0.5% turnover tax for profit-tax-paying companies
The Social Democratic Party (PSD) of Romania will propose a new 0.5% turnover tax to apply to companies that currently pay profit tax, PSD president Sorin Grindeanu announced during a press conference on July 21, Economica.net reported. The measure, which targets businesses other than microenterprises, is expected to be presented to coalition partners for discussion…
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European medical chain Affidea adds three new clinics in Romania
The chain of medical clinics operated by the European medical group Affidea expanded to 74 after it acquired three new clinics in Otopeni, Miercurea Ciuc, and Braila. The national chain now covers 32 cities, according to a group’s press release. “The Affidea Romania investment plan for 2025 will exceed EUR 100 million, which will be…
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Romanian government launches initiative to identify viable public-private partnership projects
Romania’s Ministry of Finance has launched a coordinated inter-institutional initiative aimed at building a national portfolio of investment projects that can be developed through public-private partnership (PPP) mechanisms, the ministry announced on July 21. The programme seeks to identify projects with significant economic and social impact that can attract private capital and expertise. Finance minister…
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Romania’s public debt still below EU average but growing fast
Romania ranks as 16th of the European Union’s 27 members by the public indebtedness ratio, with a public debt of 55.8% of GDP at the end of Q1, still below the EU average (81.8%), according to Eurostat data. However, Romania’s public debt is rising faster than average as the country ranks third in the…
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Romania’s public debt hits 56.6% of GDP at end-April
Romania’s public debt increased by RON 14.5 billion (EUR 2.9 billion) in April to RON 1.013 billion (EUR 203.5 billion) at the end of the month, amid the EUR 2.75 billion FX bonds issued by the Treasury at the end of March but registered on April 2. In the first four months of the year,…
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Romanian president: NATO, EU and UK confirm Russian cyber attacks and election interference
Romanian president Nicușor Dan stated on Monday, July 21, that NATO, the European Union, and the United Kingdom have confirmed that Russia is conducting cyberattacks, manipulation, and disinformation campaigns across European states, including Romania. He added that the Romanian state must continue to present new evidence regarding what happened in the November 2024 presidential elections,…
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Romania secures EUR 2 bln deal with Israel’s Rafael for SHORAD-VSHORAD air defense systems
Romania has signed a framework agreement with Israel’s Rafael Advanced Defense Systems Ltd for the acquisition of SHORAD-VSHORAD air defense systems, the Ministry of National Defense (MApN) announced. The total value of the acquisition is RON 10.33 billion (about EUR 2 billion), excluding VAT. The framework agreement, concluded through the national defense company CN Romtehnica…
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ARTE.tv launches Romanian-language version for viewers in Romania and Moldova
ARTE.tv, the European public streaming platform, is now available in Romanian for viewers in Romania and the Republic of Moldova. The new version of the platform offers access to documentaries, series, news programs, concerts, and films, all with Romanian subtitles or voice-over. ARTE.tv already offers content in six other languages, namely French, German, English, Spanish,…
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Study: Most Romanians believe AI can reduce corruption in public institutions
A new study by RoCoach and Novel Research shows that 72% of Romanians believe artificial intelligence (AI) could help reduce corruption and increase transparency in public institutions. The findings reflect growing public interest in how technology, including digital records and the use of AI, could improve administrative efficiency. Despite this optimism, 44.5% of respondents say…