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With AI’s promise to elevate efficiency and access to knowledge comes the prospect of increased inequality for those who cannot access it. Against the backdrop of the many challenges AI poses, it is important to examine our truth bubbles, identities, and modes of organizing, behavioral scientist Tamás Dávid-Barrett argues. Tamás Dávid-Barrett, who trained as both…

Home prices continue to rise rapidly in most major cities across Europe and globally, including Romania. Bucharest and other large cities are nearing the critical threshold of inaccessibility for residents with average incomes, according to an analysis by the Social Monitor, a project of Friedrich-Ebert-Stiftung Romania, based on data from Numbeo and Eurostat. In the…

Representatives of Romania’s main education trade union federations protested on August 4 for the fourth consecutive day in front of the Ministry of Education and Research, opposing austerity measures introduced under Law 141/2025, which came into force on August 1, Digi24 reported. Teachers warned they may boycott the autumn Baccalaureate exams and block the start…

The Declic Community has submitted a petition signed by roughly 90,000 Romanians to the Presidential Administration, calling on president Nicușor Dan to initiate a national referendum on the reform of special pensions. The civic group is demanding that all pensions follow the contributory principle and that the retirement age be the same for all professions,…

Besides 5.5 GW of installed solar and wind power units already in use, Romania’s market regulator ANRE has approved the construction of new units with a combined capacity of nearly 6 GW, which could double the contribution of the green energy (hydro not included) from 20% currently to 40%, according to Ziarul Financiar. “There are…

Romania’s Ministry of Energy informed on Monday, August 4, that it has authorised OMV Petrom to temporarily use 80,000 tonnes of crude oil and 30,000 tonnes of diesel out of its reserves to offset the effects of refusing two ships carrying a total of 180,000 tonnes of contaminated Azeri crude oil. Minister Bogdan Ivan declared…

In a first move of this kind on the Romanian capital market, the five investment funds resulted from the mass privatisation scheme in the 90’s – Lion Capital, Evergent Investments, Transilvania Investments, Longshield Investment Group, and Infinity Capital (directly or through subsidiaries) – jointly financed, in full, the EUR 100 million bond issue of real…

By July 23, the Treasury had borrowed RON 28.93 billion (EUR 5.6 billion) from households this year, a share of 16.7% in the total public financing undertaken by the government to cover the record financing needs, according to data published by the Ministry of Finance and compiled by Cursdeguvernare.ro.  The Treasury issues government bonds under…

Industrial price inflation in Romania turned negative -0.3% y/y in June, dragged down by the prices of energy that have constantly dropped from February to reach a negative -7.5% y/y annual contraction in June, according to data published by the statistics office INS.  The industrial prices were largely shaped over the past years by the…

One United Properties (BVB: ONE), the leading green developer of residential, mixed-use, and office real estate in Romania, announces the signing of a promissory sale and purchase agreement for land located in a prime central area of Sibiu, marking the Company’s strategic entry into one of Romania’s most dynamic regional cities. “Sibiu is one of…