Category: Uncategorized

Romanian president Nicușor Dan met King Philippe of Belgium during an official visit to Brussels last week, as part of a broader agenda that included talks with NATO and EU leaders. The meeting took place at the Royal Castle of Laeken. “It was an honor and a pleasure to meet His Majesty King Philippe. We…

Romania is preparing to launch a youth employment subsidy program, which should be available from April and target approximately 28,000 beneficiaries, according to Europa FM and Bursa.ro. The program has a total value of EUR 170 million and involves financial support for both employees and employers, according to the cited source. The state would thus pay…

Romania’s opposition Alliance for the Union of Romanians (AUR) remains the most popular party with 35% support, despite a slight decline, according to an Avangarde survey conducted between March 10 and March 17. If parliamentary elections were held next Sunday, 35% of respondents said they would vote for AUR, followed by the Social Democratic Party…

Romania’s Social Democratic Party (PSD) is yet to decide whether it will remain in the ruling coalition, with party leader Sorin Grindeanu announcing a new round of internal consultations to determine its position. Grindeanu said a meeting of the party’s National Permanent Bureau would take place at the beginning of the week to establish a…

President Nicușor Dan announced that Romania joined the declaration of Great Britain, France, Germany, Italy, the Netherlands, and Japan regarding ensuring freedom of navigation in the Strait of Hormuz. At the same time, Romania will not get involved in the Middle East conflict, president Dan stressed. “We express our readiness to contribute to appropriate efforts…

BT Asset Management has received authorization from the Financial Supervisory Authority (ASF) for the open-end investment fund BT Index Romania ETF BET–TR, according to Profit.ro. It is an ETF that passively replicates the structure of the BET-TR index, which includes the performance of the 20 most liquid Romanian stocks, including by incorporating dividends. It is…

Only the latest two large deals announced for BESS plans in Romania sum up to 3.5 GWh – the equivalent of 1.75 GW given the average power-to-capacity ratio of the projects – which is more than double the current 1.5 GWh in operation at this moment. The driver remains the expected strong revenues – estimated…

Romania’s construction activity posted 2.3% y/y contraction and, on a seasonally-adjusted basis, 4.6% m/m decline compared to December 2025, according to data published by the statistics office INS. In absolute terms, the construction activity in the first month of the year was particularly subdued for adverse weather reasons – it was roughly one third of…

Romania should accelerate tax reforms to boost budget revenues, including measures previously rejected by authorities, the Organisation for Economic Co-operation and Development (OECD) said in a recent report. The OECD acknowledged progress made over the past year in broadening the tax base, but said the system remains unbalanced, with labour taxed more heavily than capital…

On March 20, after the Social Democrats (PSD) reached an agreement with Liberal (PNL) prime minister Ilie Bolojan on the “solidarity package”, the joint chambers of the Romanian Parliament approved the 2026 budget, with 319 votes against 104 and three abstentions. The general government budget deficit was set at 6.25% of GDP, but the outdated…