Category: Uncategorized
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Central bank official estimates Romania’s economic growth, public deficit better than expected in 2025
Romania’s economy increased by more than 1% in 2025, and the public deficit remained below the 8.4%-of-GDP target, according to Eugen Rădulescu, adviser to central bank governor, cited by Ziarul Financiar. Most analysts estimate last year’s economic growth stayed below 1% – an otherwise rather arbitrary benchmark with little fundamental importance. The economy performed “better…
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Erste expects fiscal consolidation and lower borrowing cost, but no rating improvement this year
Romania’s budget deficit will decrease from an estimated 8% of GDP in 2025 (better than the government’s latest target) to around 6.4% of GDP this year (in line with the initial consolidation goals agreed with the European Commission) and the EU loans will ease the pressure on public funding with the 10-year yields seen as…
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Romanian PM steps in as interim education minister following Daniel David’s resignation
Romanian prime minister Ilie Bolojan will temporarily take over the Education Ministry following the resignation of Daniel David in December 2025, Europa Liberã România reported. According to an official statement, a new minister is set to be appointed by the end of the month. On Tuesday, January 13, Ilie Bolojan formally submitted to president Nicușor…
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Head of anti-human trafficking NGO designated first Romanian awarded by Schwab Foundation
Ioana Bauer, president of the anti-human trafficking organization eLiberare, has been named the first Romanian winner of the Schwab Foundation Award for Social Entrepreneurship, one of the most prestigious international recognitions granted to leaders developing solutions to the world’s most urgent social challenges. Bauer is the first social entrepreneur from Central and Eastern Europe to…
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Romanian real estate buyers to focus on new projects in 2026, study says
Real estate buyers in Romania will favor new projects that are well-built, energy-efficient, and adapted to current economic realities in 2026, according to a market analysis conducted by real estate specialists at The List Estates. According to the same source, Romania’s residential market enters 2026 in a phase of recalibration, marked by higher tax pressures,…
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Romania’s National Culture Day: museum tours, concerts, film screenings, exhibitions and more
The celebration, marked on January 15, the birth date of poet Mihai Eminescu, brings a variety of events, both in the country and abroad. Here is a selection of what has been announced. In Bucharest: The Cotroceni National Museum offers free admission to visitors who choose the unguided tour on January 15. The public can…
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Romania to be guest of honor at Cairo International Book Fair 2026
Romania will be the guest of honor at the 2026 edition of the Cairo International Book Fair, the Ministry of Culture announced. The event will take place between January 21 and February 3, 2026, and will coincide with the celebration of 120 years of diplomatic relations between Romania and Egypt. As guest of honor at…
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New bill seeks to make prostitution legal in Romania
A new bill introduced in the Romanian legislature aims to make prostitution legal. More precisely, it means to regulate and authorize sexual activities, as well as establish a framework of control. The document introduces medical, fiscal, and administrative obligations and sets strict rules for carrying out the activity. “I chose regulation over hypocrisy. Many will…
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Romania’s Agroland expands agro-livestock operations with acquisition of Avirom in Buzău
Romanian group Agroland Business System has expanded its presence in the agro-livestock sector through the acquisition of Avirom, a local company operating production facilities in Buzău County. The transaction marks a new step in Agroland’s Vision 2030 strategy, aimed at building an integrated and scalable agri-food ecosystem with stronger control over the value chain. Avirom…
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Major real estate investors in Romania expect rental growth, demand stabilization for new spaces in 2026
Major real estate investors in Romania expect rents to continue rising in 2026, particularly in the office segment, while demand for new spaces is set to stabilize rather than expand, according to the latest “Real Estate Investors Sentiment Barometer” published by Cushman & Wakefield Echinox. The study, now in its fourth edition, surveyed senior executives…