Category: Uncategorized
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Călin Georgescu to appeal ECHR regarding annulment of Romanian presidential elections
Far-right politician and former presidential candidate Călin Georgescu announced in a message on X that he will appeal the annulment of the Romanian presidential elections before the European Court of Human Rights. On December 6, 2024, as Romanians abroad had already begun to vote, Romania’s Constitutional Court (CCR) unanimously annulled the entire presidential election process,…
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Romanian mountain rescuers register record of calls for help over New Year’s holiday
Romanian mountain rescuers announced on Friday, January 3, that they registered a record number of interventions and 161 calls for emergency assistance in the past 24 hours. A total of 162 people were rescued, over 100 of whom required transport to a hospital. “An unwanted absolute record of mountain rescue and first aid interventions in…
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Romania featured in Vogue, CNN lists for best places to visit in 2025
Romania seems poised to become a bigger tourist attraction in 2025 after being recommended as a stellar destination by Vogue and CNN. Both publications signal that their choice for Romania was determined by the overtourism noticed in other locations. “The lifestyle editors at Vogue thought long and hard about the best places to travel in…
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Bucharest Stock Exchange flagship index gains 8.8% in 2024
The BET index, which follows the price movements of the most traded 20 companies listed on the Bucharest Stock Exchange (BVB), closed 2024 up 8.78% compared with the end of 2023. The BET closed at its highest end-of-year value since launch (16,720 points) but 11% below its all-time high of 18,800 points touched at the…
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Romanian film review: My Most Memorable of 2024
2024 is almost over, and before making any predictions, hopes or wishes for 2025, I will take this moment to look back and remember the pics that stayed with me most in the past months. I will try to go in the order that I watched each, and I also included all trailers below…
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Romanian Government meets to discuss planned fiscal adjustment package
The Government is scheduled to meet on Monday, December 30, to discuss the emergency ordinance covering measures aimed at reducing public spending and the budget deficit. The Ministry of Finance published the draft ordinance on Sunday, December 29. It is available here. Among the measures included in the draft ordinance, also known as “the austerity…
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UniCredit Bank lists new RON 750 mln bond issue on the Bucharest Stock Exchange
UniCredit Bank, one of Romania’s leading financial institutions and a member of the UniCredit Group, has announced the listing of a new corporate bond issue worth RON 750 million (EUR 150 mln) on the Bucharest Stock Exchange (BVB). The bonds, issued under the ticker symbol UCB29, are set to mature on November 22, 2029. The…
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Romania’s Ministry of Finance raises EUR 3.3 bln from Bucharest Stock Exchange investors in 2024
Romania’s Ministry of Finance (MF) raised RON 2.6 billion (EUR 523.1 million) through its sixth Fidelis government bond issuance of 2024, setting an annual record of RON 16.4 billion (EUR 3.3 billion) attracted from retail investors on the Bucharest Stock Exchange (BVB). The funds, generated from six bond offers in 2024, account for 40% of…
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Western Romania: Fourth refurbished cinema to open in Timișoara
Another cinema that once belonged to the state-owned film distribution company RADEF has been refurbished and is scheduled to open in Timișoara in early 2025. The cinema is named Johnny, a nod to actor Johnny Weissmüller, known for playing Tarzan in twelve feature films from 1932 to 1948. Weissmüller was born in Freidorf, a village…
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Central Romania: Fly Lili suspends flights from Braşov airport
Air carrier Fly Lili announced it was temporarily suspending its flights to and from Braşov Ghimbav International Airport, in central Romania, starting January 10 of next year. The decision was taken due to “a low number of passengers and increasing operational costs, in order to ensure the sustainability of our operations in the long term,”…