Category: Uncategorized
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Romania’s Social Democrats, far-right party AUR reject Siegfried Mureșan government
Social Democratic leader Sorin Grindeanu announced his party’s “firm, assumed and irreversible” decision not to vote for the Mureșan Government, which he labeled as a “new version of the Bolojan government.” The announcement, made at a press conference on Monday, September 28, comes after the PSD National Political Council unanimously voted for Social Democratic MPs…
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Romstal leases 24,400 sqm at CTPark Bucharest South
Industrial and logistics property developer CTP has leased 24,400 sqm at CTPark Bucharest South to construction installation equipment distributor Romstal. The space is located within a 54,000 sqm facility at the park. Romstal will use the premises to handle products in the heating, water, sanitary, electrical, and ceramic categories across its distribution network. CTPark Bucharest…
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Romanian women’s national handball team wins bronze at EHF EURO Cup 2026
After losing to Denmark in the semifinals, the Romanian team managed to defeat Hungary in the bronze medal match, a first victory in seven years, 33-30 (16-16 at halftime). Denmark went on to defeat Norway and win gold. Cristina Laslo (7 goals), Elena Roșu (6 goals), Lorena Ostase (5 goals), and Crina Pintea (5 goals)…
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Romania’s TollRo road charging platform goes live this week
Romania’s new TollRo electronic road charging platform will become operational at midnight on October 1, 2026, the National Road Infrastructure Administration (CNAIR) announced. From that time, all new road vignettes, route tickets, and TollRo charges will be issued through the new system. The platform’s testing period, which began on September 15, will conclude on September…
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Low-cost airline Wizz Air suspends several routes from Romania’s Craiova Airport
The company will suspend routes from Craiova to Bologna (Italy) from October 24; Rome Fiumicino (Italy) from October 23; Barcelona (Spain) from October 22; Paris Beauvais (France) from October 21; and Venice (Italy) from October 24. With the introduction of the winter schedule, flights to Naples and Athens will also be suspended. In the case…
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Romanian authorities expect no downgrade after consultations with S&P
S&P experts arrived in Bucharest on September 24 and are expected to issue their review of Romania’s ratings on October 2. The absence of a fully empowered government, however, limits visibility over the country’s 2027 budget trajectory and medium-term fiscal policy. “Essentially, it’s about the fact that the macroeconomic data does not justify a downgrade…
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Romania CFA macroeconomic confidence indicator falls in August on bleaker expectations
The decline was driven mainly by the expectations component, which plunged 7.2 points to 40.2 points, while the current conditions component remained steady at 36.9 points. “Participants anticipate the continuation of the stagflationary situation, with high inflation combined with economic stagnation,” said Adrian Codîrlașu, president of the CFA Society Romania. In July, the CFA Society…
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Romanian finance minister warns 2027 budget faces heavier pressures as RRF funding winds down
The government deficit fell by 31% year-on-year to RON 59.4 billion (EUR 11.3 billion) in the first eight months of the year, equivalent to 2.9% of projected GDP. Nazare said, however, that the fiscal position remained subject to multiple pressures and required caution in preparing next year’s budget. “Prudence, caution and responsibility are essential, in…
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Romania’s public deficit shrinks by 31% y/y to 2.9% of GDP in January-August
The government plans to end the year with a deficit of 6.2% of GDP, down from 7.6% of GDP in 2025 and nearly 8.7% of GDP in 2024. Analysts expect an even smaller deficit, below 6% of GDP, based on the current budget execution. The prospects for robust fiscal consolidation in 2025-2026, following the record…
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Romania’s Social Democrats seek to take over government and pledge fiscal consolidation
The PSD said on Friday, September 25, that a party delegation had met with representatives of S&P “in the context of substantiating the rating decision regarding the Romanian economy”. “During the discussions, PSD leaders informed the rating agency representatives that PSD is ready to assume leadership of a government to end the current political crisis…