Category: Uncategorized

A majority of Romanians support reducing public expenditures as a way to curb the national budget deficit, according to a new poll conducted by INSCOP Research and published by Informat.ro on June 4. The survey found that 58.4% of respondents would totally agree with reducing state operating expenses unrelated to public sector salaries, while a further 18.8%…

The Cluj-Napoca Court of Appeal decided on June 4 to suspend the environmental agreement for the Hidroelectrica’s (BVB: H2O) Răstolița hydropower plant project, which is already over 90% completed and scheduled to be put into operation in November this year, the minister of energy, Sebastian Burduja announced. The decision is not final. “It is not…

The Romanian Senate has adopted a legislative proposal that allows the beginning of construction works on the Tarnița-Lăpuștești pumped hydroelectric power plant without the need for a new feasibility study after years of delays, according to Cluj24. The Senate adopted, in its June 2 meeting, the legislative proposal to amend GEO 175/2022, aiming to unblock…

Romania will borrow again from external markets through large bond issues only after a new government is installed and announces the fiscal measures needed to correct the deficit and give investors confidence in Romania’s debt, Treasury head Stefan Nanu told Bloomberg, according to Profit.ro. He reiterates the message sent before the presidential elections, on April…

The working group, with a focus on budget, formed by the political parties that plan to emerge as the ruling majority in Romania, has reportedly come up with a series of measures aimed at addressing fiscal slippage, predominantly including tax hikes, according to Ziarul Financiar. It is a short list, yet not final or even…

The European Commission concluded that Romania failed to comply with the national medium-term fiscal-structural plan agreed upon by both sides on November 21, 2024, and initiated the process that may lead to disciplinary measures such as the suspension of funds under the Cohesion and Resilience Facility on July 8. Technically, Romania must come up with convincing…

The Romanian Parliament adopted on Wednesday, June 4, the “Romania Without Violence” law, a significant legislative step aimed at curbing acts of aggression and improving protections for victims. The new legislation amends and supplements several normative acts, most notably doubling the minimum penalties in the Penal Code for assault and other violent offenses. Alongside harsher…

Indie American films, canoe and kayak rides, and the march celebrating the LGBTQIA+ community are among the events happening in Bucharest. Jazz takes center stage in Cluj, while very short films are screened in Timișoara as part of an event which takes place simultaneously in 50 cities around the world. In Bucharest: American Independent Film…

The Bucharest public can attend this month a performance of Noh theater, the centuries-old Japanese mask drama, delivered by Yamamoto Noh Theater. Two works will be presented. Jiai – A Soul’s Journey is a recent creation, a rare occurrence in Noh theater, where original creation requires a deep knowledge of classical Japanese language and theatrical…

The Day of Timișoara, a celebration of the city in western Romania, will see performances from Mika and James Bay, among other artists. From alternative pop and British rock to jazz, electronic music and community experiences, The Day of Timișoara brings together in 2025 the top events of the Timișoara music scene, including Timișoara Jazz…