Category: Uncategorized
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How to Web Conference 2025 announces agenda: AI-powered innovation, European startup success, and building a better tech future
How to Web Conference, the leading startup and technology event in Eastern Europe, announced its agenda for this year’s event, offering a program designed to provide attendees with actionable insights and expert guidance to drive innovation and growth. The agenda features visionary presentations from global technology leaders, insights from top-tier venture funds, and opportunities for…
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Share of young population with higher education in Romania is half of EU average
Romania is at the bottom of the European ranking in terms of the share of higher education graduates among the young population aged between 25 and 34, according to data from Eurostat, the European statistical office, quoted by Ziarul Financiar. Data come amid a reversal in the trends for university admissions, driven by demographic shifts…
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Romanian teachers keep general strike as an option
Thousands of teachers from all over the country gathered in Bucharest on September 8, the first day of the new school year, to protest against what they called “new austerity measures” enforced by the government under the first reform package in July: more teaching hours (+10%), consequently fewer hours for overtime or part-time teachers, higher…
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Romania charges former Moldovan intelligence services head with treason for spying
A former high-ranking officer of the Intelligence and Security Service of the Republic of Moldova, reportedly former deputy head Alexandru Bălan, on September 8 was detained by the Romanian prosecutors of the Directorate for Investigating Organised Crime and Terrorism (DIICOT) and is investigated for the crime of treason, according to Agerpres, quoting a DIICOT press…
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Romanian opposition refers to Constitutional Court four fiscal consolidation bills promoted by government
Romania’s main opposition party, Alliance for the Union of Romanians (AUR), has filed appeals with the Constitutional Court against the four laws adopted by the government of prime minister Ilie Bolojan and passed by the Parliament, claiming that they are “introducing new austerity measures,” Agerpres reported. Among the bills, one envisages 30% lower wages and…
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Average pension of Romanian magistrates hits EUR 4,900, only 13% contribution-based
The average gross monthly “service pension,” also known as special pension, of civil magistrates exceeded RON 24,500 (EUR 4,900) in 2024, and it was 12.7% higher y/y, Economica.net reported based on data obtained from the National House of Public Pensions (CNPP). Over 87% of the total amount paid to former magistrates as pensions came in…
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MVM rejects any connection with Russia, argues for takeover plans in Romania
Hungary’s state-owned MVM does not intend to bring Russian gas to the Romanian market but envisages developing a platform to develop, integrate, and sell green energy, the company’s CEO Károly Mátrai argued in an interview with Bursa.ro. The price offered for the Romanian assets of E.ON is “correct” and even at the lower end of…
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International financial investors review Romania as part of regional tour
A group of international financial investors headed by US bank JP Morgan met Romanian prime minister Ilie Bolojan as part of a regional tour. The visit came as Romania is striving to address major fiscal slippage that prompted equally significant financing requirements. More precisely, Romania temporarily prevented an imminent sovereign downgrade in July, with a…
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Romania to acquire corvette from Turkey to boost Black Sea naval capabilities, defense minister says
Romania will purchase a light corvette from Turkey’s surplus naval fleet for EUR 223 million, without VAT, defense minister Ionuţ Moşteanu said on Monday, September 8, describing the acquisition as critical for the country’s Black Sea defense. The deal, approved unanimously by Romania’s parliamentary defense committees, will be carried out under a government-to-government agreement. “It…
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Romanian Justice Ministry proposes tougher sentences for femicide in Penal Code reform
Romania’s Justice Ministry has launched a public consultation on proposed changes to the Penal Code that would classify femicide (the killing of women because of their gender) as “aggravated murder,” punishable by life imprisonment or up to 25 years in prison, Biziday.ro reported. The reform would also extend to crimes motivated by race, nationality, ethnicity,…