Category: Uncategorized
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When should Romania have its Fund of Funds?
Romania faces significant investment challenges, including a funding gap and reliance on external financing, which hinder economic growth. Establishing a Fund of Funds could address these issues by diversifying capital allocation, attracting international investments, and fostering economic transformation, as demonstrated by successful models in Poland and Estonia, argues Anca Manitiu, executive member of the board…
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Notino surpassed last year’s results during Black Friday. Number of orders hit record high
Notino, Europe’s largest e-shop with beauty and health products, achieved historic success this year during Black Friday. Compared to last year, the number of Notino orders from November 11 to December 1 increased by 29%. Customers created more than 3.5 million orders during the Black Friday discount period. Customers in the e-shop and in stores…
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Swimming star David Popovici becomes third Romanian to feature on L’Equipe magazine cover
Olympic swimming champion David Popovici has made history by becoming the third Romanian to appear on the cover of L’Equipe magazine. Two other iconic Romanians, Gheorghe Hagi and Nadia Comăneci, were previously featured in the magazine. In the recent edition of the renowned French sports magazine, Popovici is described as “an exceptional swimmer and a…
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Romania’s far-right Călin Georgescu and George Simion protest presidential election annulment at closed polling stations
Former presidential candidates Călin Georgescu and George Simion (AUR) staged symbolic protests outside closed polling stations on Sunday, December 8, voicing their discontent with the Constitutional Court’s decision to cancel the elections. Both expressed their disagreement with the judges’ ruling, alongside a few dozen supporters. Independent candidate Călin Georgescu was supposed to face off against…
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Backers of pro-Russian presidential candidate in Romania raided, detained for illegal funds and weapons
Romanian prosecutors began investigating some of the financial backers and supporters of far-right pro-Russian independent candidate Calin Georgescu, the virtually unknown politician who came in first place during the now-annulled first round of the presidential elections. The first to be investigated was the man allegedly financing Georgescu’s massive TikTok campaign with unreported crypto funds. The…
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Citizenship Through Heritage: Unlocking Romanian Roots and European Opportunities
With over 7 million people of Romanian descent living worldwide, reconnecting with Romanian heritage offers more than just a sentimental journey—it’s a gateway to unparalleled opportunities, including access to the European Union (EU). Romanian citizenship by descent provides descendants with the chance to claim their rightful heritage while enjoying the privileges of EU citizenship. Door…
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US reaffirms support for Romania amid unprecedented presidential election annulment
The United States reaffirmed its support for Romania following the Constitutional Court’s unprecedented annulment of the presidential elections, citing foreign interference. In a statement issued by US Department of State spokesperson Matthew Miller on December 6, the US emphasized the importance of electoral integrity and the democratic will of the Romanian people. “The United States…
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Romanian reformist presidential candidate Elena Lasconi criticises repeat of elections
President of the reformist Save Romania Union (USR) party Elena Lasconi – who made it to the second round of the presidential elections beside pro-Russian candidate Calin Georgescu, has harshly and repeatedly criticised the Constitutional Court’s decision to repeat the elections. “The Romanian state trampled on democracy. God, the Romanian people, truth, and the law…
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Romania halts presidential elections, pro-Russian candidate Georgescu’s campaign continues
Presidential candidate Calin Georgescu, speaking for tabloid TV stations Realitatea and Romania TV, which are echoing his rhetoric despite repeated fines they have to pay, has continued to promote his conspiracy theories along with the broad scenario of Soros-backed “globalists” fighting against sovereignists supported by elected US president Donald Trump on the territory of Romania.…
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Romania’s reformist USR joins group of parties that oppose tax rate hikes in 2025
Former economy minister Claudiu Năsui, a member of the Save Romania Union (USR) party, argued that the other members of the planned ruling coalition have a majority in Parliament and accused them of planning to increase the tax rates – a scenario that his party is opposing. USR will not support tax increases and argues…