Category: Uncategorized

Romania’s main education unions announced they will boycott the start of the school year on September 8 and stage protests in Bucharest against austerity measures introduced under Law 141/2025, legislated in July. The budgetary impact of the measures is estimated at around EUR 70 million, indicating an annual impact of just over EUR 200 million per…

The Secretary General of the Social Democratic Party (PSD) and an influential regional leader of the party, Paul Stănescu, reportedly said at the party leadership meeting on September 1 that “it is only a matter of time” until the Social Democrats leave the government, according to Digi24.  “It is only a matter of time until…

Prime minister Ilie Bolojan threatened to resign from office unless the ruling coalition backs a significant reduction of the local administration staff, according to sources consulted by G4media.ro. Bolojan conditioned his stay in office on the adoption of a reform in local administration that would lead to the dismissal of at least 17,000 civil servants…

The Romanian Finance Ministry confirmed that unless the EUR 90 million energy equipment storage factory planned by Czech company Tesla in Braila is ready by the end of the year, the financing agreement, including a EUR 40 million grant, will be revoked, according to Ziarul Financiar.  The investor reportedly did not respond to repeated inquiries…

Romanian real estate developer One United Properties (BVB: ONE) announced on September 1 that its board of directors approved a public purchase offer (OPC) programme to repurchase up to 20% of its share capital. The buyback will be carried out at prices ranging between RON 25 and RON 40 per share, with a maximum value…

Romania’s governing coalition of PSD, PNL, USR, and UDMR is considering raising value-added tax (VAT) by two percentage points to 23% in 2026 if budget revenues fail to increase significantly, Libertatea.ro reported on September 1, citing political sources. Another option under discussion is the alignment of the VAT rate for the HoReCa sector with the…

Romanian prime minister Ilie Bolojan submitted on September 1 the second package of reforms in the form of five separate draft laws, covering the magistrates’ pensions, the management in state-owned enterprises (SOEs), the market regulators, the public health system, and the taxation regime, to Parliament for endorsement under accelerated procedure without further debates.  The procedure…

Oradea’s Gheorghe Șincai County Library has reopened after a major renovation and digitalization project financed with European funds, offering readers around-the-clock access to books, e-books, and audiobooks, alongside new cultural and community facilities, the Bihor County Council announced. The modernization is part of a EUR 26.4 million initiative that also included the renovation of three…

Romania ranked fourth among European countries with the cheapest housing in 2024, after Turkey, Bosnia and Herzegovina, and Albania, according to the latest Deloitte Property Index published on Monday, September 1. Despite the overall affordability, the study showed that housing in Cluj-Napoca and Brașov is now more expensive than in Bucharest, while rents in the…

European Commission president Ursula von der Leyen praised Romania’s strategic role in securing NATO’s eastern flank during a visit to Constanța and the Mihail Kogălniceanu Air Base on Monday, September 1, declaring that the country “helps keep Europe safe in the air and waters of the Black Sea.” Speaking alongside Romanian president Nicușor Dan, von…