Category: Uncategorized
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Romanians buy over EUR 9 mln in government bonds on first day of March issue
Romanians placed government bonds subscription orders in a total amount of RON 45.5 million (over EUR 9 million) on the first day of the March Tezaur issue – the first issue facilitated by the online platform Ghiseul.ro, the Romanian Digitalization Authority announced on March 11. Just over 2,900 transactions were made, and subscription on the…
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Head of Romania’s treasury sees 7.5% yield of 10-year bonds ‘stable,’ announces new FX bond
The head of Romania’s Treasury, Stefan Nanu, said that the 7.5% yield of the 10-year government bonds would remain stable through 2025, “depending on the central bank’s policies and the evolution of global factors,” and announced the Romanian state will again tap foreign markets with an FX bond, depending on the opportunities. He also told…
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European Parliament endorses EUR 1.9 bln support package for Moldova
The European Parliament announced on March 11 that it endorsed the EUR 1.9 billion support package under the Reform and Growth Facility for Moldova. Of the total, EUR 420 million will be provided as grants. Besides increasing the grant side by EUR 100 million, MEPs backed an increase in pre-financing from 7% to 20% of…
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Romania slams Kremlin’s statements in favor of far-right politician Calin Georgescu
A country that failed to organize free elections over the past 20 years is not in a position to comment on democracy, the Romanian Foreign Ministry responded in a press release to statements made by the Russian president’s spokesman, Dmitry Peskov, in defense of Romanian far-right politician Calin Georgescu and his ban on the presidential…
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Romanian far-right politician Călin Georgescu reacts to presidential election ban: “My mission has been fulfilled”
Far-right, pro-Russia politician Călin Georgescu responded on Tuesday evening, March 11, after the Constitutional Court (CCR) upheld a decision to ban him from running in the upcoming presidential elections. In a video statement, he said his mission had been fulfilled, claiming he had “exposed the demon in all its hideousness.” In a final and binding ruling, the…
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Călin Georgescu barred from presidential race as Romanian Constitutional Court rejects appeal
Far-right populist Călin Georgescu cannot run in Romania’s May presidential elections after the Constitutional Court (CCR) rejected on Tuesday, March 11, all challenges against the Central Electoral Bureau’s (BEC) decision to invalidate his candidacy. The top court’s ruling is final and binding. “I want to tell you that all challenges were rejected unanimously,” said CCR…
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Romania participates at 2025 editions of London, Brussels book fairs
Romania is represented at two of the most important European book fairs this week, in London and Brussels, providing the Romanian literary scene with access to a wider audience. Both fairs reunite tens of thousands of visitors in events, lectures, and launches. Romania at the London Book Fair The Romanian Cultural Institute (ICR) is organizing…
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Romania to defend airspace with F-16-equipped squadrons stationed at three air bases, defense minister says
The Romanian Air Force will soon be able to carry out air defense missions for national and allied airspace with three F-16-equipped squadrons stationed across three air bases, defense minister Angel Tîlvăr said. He made the statement at a ceremony at Câmpia Turzii, marking the completion of the F-16 Fighting Falcon aircraft acquisition for the…
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Far-right Romanian politician Călin Georgescu called US vice-president and now-ally JD Vance a “virus” in 2024
Pro-Russian candidate Călin Georgescu, who is now seeking the support of the Trump administration to run for president of Romania, said Donald Trump “is not what he used to be” and called vice-president JD Vance “a virus” in a podcast from July 2024, Digi24 reported. Georgescu, who was virtually unknown at that time, was highly…
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Urban Blues Fest holds sixth edition in Bucharest in April
The sixth edition of Urban Blues Fest will take place at The Pub Trocadero in Bucharest next month, from April 4 to April 6. This year’s festival promises three nights of blues performances that celebrate both tradition and modernity. The festival kicks off on April 4 with Sentimental Journey, featuring Robert Cristian Zsugya, aka Southernman…