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Romania’s economy grew by only 0.3% gross in the first half of 2025, and by 1.4% in seasonally adjusted series, according to data published Thursday, August 14, by the National Institute of Statistics (INS).  In the second quarter of 2025, compared to the previous quarter, the Gross Domestic Product increased by 1.2%. Compared to the…

Romania’s prime minister Ilie Bolojan stated on August 13, on Digi24, that the second package of reforms can only be adopted by a quick procedure in parliament without a vote, as it was the case with the first package of reforms, and that he hopes that this will happen “by the end of this month…

Speaking of the budget revision during his August 13 press conference, minister of finance Alexandru Nazare said that the consultations with all ministries began several days ago, but no decision on supplementing the individual budget of any institution/ministry can be taken before having a broad image of the entire public sector.  In any case, the…

Romanian finance minister Alexandru Nazare (Liberal Party, PNL) announced several reforms aimed at boosting tax revenues and tightening fiscal discipline on Wednesday, August 13. However, he later deferred publishing the document promised during the press conference, perhaps in response to criticism regarding loopholes and inaccuracies in his package. Minister Nazare expressed hopes that the ministries…

The interim president of the Social Democratic Party (PSD), Sorin Grindeanu, announced that he had a meeting with the minister of finance and that the new formula for taxing multinationals is “a necessary step, but not sufficient,” Digi24 announced.  Grindeanu said that he agreed with minister Alexandru Nazare that additional measures, such as tripling the…

The National Federation of Public Administration Trade Unions (FNSA) has voiced strong opposition to a government proposal to reduce staffing levels in local public administration by 20%, warning that the move could paralyse essential services. The reform plan, published this week for public consultation by the Ministry of Development, Public Works and Administration, envisages the…

The Constitutional Court of Romania could again strike down the government’s bill to reform magistrates’ special pensions on procedural grounds, G4Media.ro reported on August 13, citing Senate president Mircea Abrudean and Liberal Party (PNL) senators’ leader Daniel Fenechiu. The risk arises because a separate bill on the same subject is already under debate in Parliament.…

State-owned Hidroelectrica (BVB: H2O), Romania’s largest energy producer, posted a sharp decline in financial results in the first half of 2025 due to poor hydrological conditions and lower electricity prices, according to the financial results published at the Bucharest Exchange. Revenues fell 16% year on year to RON 4.3 billion (EUR 860 million), while net…

A total of 2,751 MW of green energy projects, onshore wind and solar, will be built through the Contracts for Difference (CfD) mechanism, a state support scheme, financed through the Modernization Fund, through which energy producers have a guaranteed price for 15 years. According to information published by the Ministry of Energy, this is 1,488…

The average net wage in Romania increased by 7.0% y/y in June to RON 5,539 (EUR 1,097), easing to the slowest annual growth rate since November 2021, according to data published by the statistics office INS on August 13. In real terms, the annual growth rate eased to 1.3% y/y, the weakest advance in more…