Category: Uncategorized

  • Bucharest sees significant pollution levels due to residential heating, traffic

    The air quality in Bucharest significantly deteriorated during the weekend of October 26-27 due to increased pollution. The situation was similar on Monday morning, with air sensors indicating high pollution levels. Specialists state that residential heating systems have had a major impact on this issue, according to results presented by the Aer Live app. Traffic…

  • Romanian poet Ana Blandiana receives 2024 Princess of Asturias Award for Literature

    Poet Ana Blandiana received the 2024 Princess of Asturias Award for Literature on October 25, in a ceremony presided over by the Royal Family of Spain at the Campoamor Theater in Oviedo. According to the Romanian Embassy in Spain, she is the first Romanian honored with this distinction. “Ana Blandiana is heir to the most…

  • Romania’s public deficit hits 5.4% of GDP in January-September

    Romania’s general government budget deficit has widened by 70% y/y in the first nine months of 2024 to RON 96.2 billion (over EUR 19 billion), according to data published by the Finance Ministry. The revenues increased by 13.0% y/y to RON 416 billion, and the tax revenues alone rose by 14.3% y/y, which is not…

  • Romanians can report aggressive drivers on new online platform

    Aggressive behavior in traffic can now be reported on a new online platform introduced by the Ministry of Interior, the Romanian Police announced. Thus, as of October 27, in the ESAR (sesizări abateri rutiere) section of the Hub.mai.gov.ro platform, road users can send information about aggressive drivers. To submit a report, citizens need to provide…

  • Final debate before key presidential elections in Moldova ends undecided

    The sole public debate in Moldova’s 2024 presidential elections took place on October 27, between incumbent pro-EU president Maia Sandu and her challenger in the second round on November 3 – the former head prosecutor Alexandr Stoianoglo, backed by the moderate pro-Russian Socialist Party.  Despite president Sandu’s robust 42% score in the first round, the…

  • Romanian PM promises lower taxation for low wages

    Romanian prime minister Marcel Ciolacu announced that the 2024 budget would include a 5% reduction in labor taxation on low to medium incomes, aiming to ease the financial burden on employers and support increased wages, News.ro reported.  Speaking in Argeş County after discussions with union leaders from the Dacia car factory, Ciolacu stated, “This measure…

  • Romania’s automobile output up 8.6% y/y to over 400,000 in January-September

    In the ninth month of 2024, 51,701 cars were produced in Romania, 10.3% more compared to the 46,888 units assembled in September 2023, according to the Romanian Automobile Manufacturers Association (ACAROM) Of the total number of cars produced in September, 27,551 units were assembled at the Automobile Dacia factory in Mioveni, and the other 24,150…

  • Romania plans to cap price markup across the entire food industry

    A draft Emergency Ordinance inked by the Romanian Ministry of Agriculture, aimed at capping markups on agricultural and food products, fertilizers, animal feed, and pesticides, has drawn criticism from farmers’ and retailers’ associations. The proposed regulation, consulted by G4food.ro, would impose a cap on markups between 5% and 50% for economic operators in the agri-food…

  • Contract for two new nuclear reactors in Romania ready to be signed

    The primary contract for the construction of new reactors 3 and 4 at Romania’s Cernavodă nuclear power plant is ready for signing, according to data reviewed by Profit.ro.  The state-controlled project company, EnergoNuclear – wholly owned by Nuclearelectrica (SNN), Cernavodă’s operator – is set to finalize the engineering, procurement, and construction management (EPC) agreement with…

  • Romania became EU’s largest natural gas producer in Q2

    Romania became, for the first time, the largest natural gas producer in the EU in the second quarter of 2024, according to data recently published by the European Commission, quoted by Economedia.ro. The country produced 2.3 billion cubic meters of gas in the second quarter of 2024, down 4% from the previous quarter but up…