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In an economic update report, ING Romania said it expects 1.6% economic growth this year under the baseline scenario, however noting that “geopolitical risks cloud the outlook.” “With the May elections approaching, the evolving political landscape may influence the country’s direction. The decisions made in the coming months will be pivotal, steering Romania’s trajectory for…

Retail sales volume in Romania increased by 4.1% y/y in January, half the 8.6% y/y advance in 2024 and the 9.2% y/y in Q4 2024, according to data published by the statistics office INS. In seasonally and workday-adjusted terms, the retail sales inched up by 0.1% m/m. The slowdown was visible in both food and non-food…

Billionaire Elon Musk has questioned the role of the European Court of Human Rights (ECHR) after the court declared as inadmissible the case brought by Călin Georgescu, a former ultranationalist presidential candidate, regarding the annulment of Romania’s 2024 presidential election.  Reacting on X, Musk shared a post from conservative influencer Mario Nawfal and added: “What is this…

Far-right politician Călin Georgescu is still the frontrunner in Romania’s May presidential elections, according to the latest poll carried out by Verified for the consultants of the ruling coalition’s presidential candidate, Crin Antonescu. Thus, if the 2025 presidential elections were to take place next Sunday, most of those polled would vote for Călin Georgescu (41.1%),…

The Romanian government approved on March 6 an Emergency Ordinance allocating an additional RON 1.19 billion (EUR 240 million) for the completion of projects to expand, modernize, and convert natural gas transmission and distribution networks.  This measure will allow over 44,000 households across the country to have access to natural gas, thus reducing dependence on…

Romania’s hotel market is experiencing a period of accelerated growth, reaching a record of more than 25 million overnight stays in 2024, the highest level in more than 30 years, driven by a rising number of foreign tourists and strong demand for modern hotels, according to Colliers’ annual report.  Romania’s international visibility is increasing, and…

Russia carried out 34 hybrid attacks against Romania in 2024, according to a report presented in the Italian Parliament, based on information published by Romanian authorities regarding last year’s annulled presidential elections. On March 3, Italy’s ambassador to Bucharest, Alfred Maria Durande, announced that foreign forces were involved in the 2024 presidential elections in Romania.…

Le Bistrot Français, part of the prestigious hospitality associations​ Relais & Châteaux, has started a collaboration with Chef Tom Meyer, one of the most appreciated French cooks, awarded by the Michelin guide and holding the title of Meilleur Ouvrier de France. Starting Monday, March 3, the restaurant’s menu will bear his signature, marking a special…

Placido Domingo Jr., the son of the renowned tenor Placido Domingo, will make his debut in Romania with the exceptional performance of “Volver – Anima Tango” in Bucharest next month. The show will take place at Sala Luceafărul on April 2. The performance blends music, dance, theater, and poetry to tell an emotional story that…

A court in Moscow has sentenced Romanian citizen Mihail Nicolaev to 19 years in prison for participation in an international criminal group engaged in drug trafficking, TASS reported. The case under which the convict was detained was initiated back in 2015. Another 32 criminal cases related to the illicit trafficking of large and exceptionally large…