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Romania is quickly becoming one of Europe’s most desirable destinations for expats, thanks to its affordability, vibrant culture, and strategic location in the heart of Europe. Whether you’re considering citizenship, a nomad visa, or residency, each pathway offers unique benefits tailored to different lifestyles and goals. In this article, we’ll explore these options in depth…

Henry Páll Wulff, a German citizen living in Romania and former co-chair of Volt Romania political party, emphasizes how the disparate challenges and shifting dynamics in Romania underline the importance of understanding global trends.   The year 2024 brought a wave of significant elections worldwide, from the United States to Europe and beyond. Against this backdrop,…

Social Democrat (PSD) leader Marcel Ciolacu has been appointed by president Klaus Iohannis to form the new government, with the prime minister set to request a vote of confidence from Parliament later today, December 23. Ciolacu thus returns to Victoria Palace as head of government, backed by the newly-emerged ruling coalition. The new cabinet will…

Art Safari, the largest exhibition event dedicated to art in Romania, has announced its first 2025 edition, scheduled to take place from March 7 to July 27. The new season offers a program featuring anniversary retrospectives of Romanian art masters Ioan Andreescu and Ion Țuculescu, the exhibition Forgotten Painters – Hidden Treasures of Romanian Art,…

Amsterdam-based DRI, the EU renewables arm of Ukrainian energy company DTEK, announced the signing of the “largest physical solar power purchase agreement (PPA) in Romania” with OMV Petrom, the leading integrated energy producer in Southeastern Europe. The agreement groups three PPAs with OMV Petrom over an 8.5-year period for approximately 100GWh per year at a…

Romania’s gas consumption will increase by 10 billion cubic meters in the next 3-4 years, which practically means a doubling of current consumption, according to the National Gas System Development Plan 2024 – 2033 drafted by the operator of the country’s gas transport system, Transgaz. The additional source of gas would come from the Black…

The government of Romania has approved an emergency ordinance (OUG) initiated by the Ministry of Energy with legislative amendments that allow ministries to increase their stakes in companies in which they are majority or minority shareholders in order to prevent their “hostile takeover” or “decapitalization,” according to Profit.ro and Economedia.ro. The explanatory note shows that…

A draft ordinance inked by the Finance Ministry and consulted by Economedia.ro establishes the framework for fiscal measures to be applied in 2025, envisaging that state pensions, special pensions, and salaries of public sector employees will be temporarily frozen.  All pensions were scheduled to increase by 12%, which would have led to a budgetary impact…

Romanian president Klaus Iohannis has submitted a notification of unconstitutionality to the Constitutional Court regarding a controversial law approving Government Emergency Ordinance OUG 107/2024, which outlines fiscal-budgetary measures for addressing budgetary receivables and Romania’s general consolidated budget deficit for 2024. The Presidential Administration announced the submission on Friday, December 20. The fiscal amnesty brought RON…

Crin Antonescu, the former leader of the Liberal Party (PNL) and interim president during Traian Băsescu’s suspension in 2012, could become the joint candidate of the Social Democrats (PSD) and Liberals (PNL) in the presidential elections to be held in the spring.  The only politician who has firmly announced his candidacy so far is the…