Category: Uncategorized
-
Bloomberg: Traders already see Romanian government securities as very risky
The cost of insuring against the risk of Romania’s sovereign debt default over the next five years, through credit default swap (CDS) contracts, is by far the highest among securities issued by more than 60 countries worldwide with an “investment-grade” rating. The risk seen by investors and insurers comes even though two major credit raters,…
-
Seven in ten Romanians do not invest, more than half believe public pension system is under pressure, research shows
More than half of the Romanian respondents (51%) to an ING Research study on savings and investment behavior conducted by Ipsos say they find it difficult or barely manage to cover their current expenses, a higher percentage than the European average (44%). However, nearly half believe that a very large financial reserve is not necessary…
-
Central Romania: Town in Buzău County to host plogging session this weekend
Organized by the local environmental protection and tourism association CLOSER, the first plogging event organized in the Nehoiu area will take place on September 20, following a series of clean-up actions carried out over time around Lake Siriu. The area periodically faces the problem of waste left behind along roadsides and on the banks of…
-
EUR 8 million fund for startups in Romania’s Central Region to launch in Brașov
Asternova Centru, a EUR 8.061 million regional venture capital fund, will be launched on September 30 in Brașov. Of the fund’s total capital, EUR 7.058 million is public funding provided through the Central Regional Development Agency (ADR Centru), which is acting as the anchor investor. The fund will invest between EUR 50,000 and EUR 350,000…
-
Romania set to criminalize forced marriages and cohabitations
The adopted bill defines the phenomenon as forcing a person to enter into a marriage or to cohabit in a relationship similar to that between spouses, according to a statement issued by the reformist center-right party Save Romania Union, or USR. In the case of children under 16, the offense will be punishable by imprisonment…
-
Bucharest among European capitals in which public transport has become more expensive
The study, which analyzed the 27 European Union member states, along with the United Kingdom, Switzerland and Norway, compared the affordability and prices of monthly and annual public transport passes. The research also took into account the area covered by passes, the means of transport included, discounts granted to vulnerable groups, and the VAT applied…
-
Attractive Romania cultural tourism platform reaches 524,000 active users
The national cultural tourism platform România Atractivǎ (Attractive Romania) recorded more than 524,000 active users between its launch in May 2024 and the completion of its implementation phase in August 2026. Attractions included in the programme reported a combined 4.86 million visitors between May 2024 and June 2026. The platform’s mobile application was downloaded more…
-
Madrigal Choir to perform free concert at Bucharest’s Colțea Hospital
The Madrigal National Chamber Choir and children from the Cantus Mundi choirs will perform at Colțea Clinical Hospital in Bucharest on September 23. The free concert will begin at 20:45 and mark World Patient Safety Day. The event is dedicated to medical professionals, current and former patients, and their families. Public attendance is free but…
-
EU-Canada “associate member” proposal set to be a catalyst for Romania-Canada ties, foreign minister says
The minister argued that the Romania-Canada relationship is based on four essential pillars: nuclear energy, trade, security, and the Romanian community in Canada. She also mentioned a meeting with Canadian deputy minister for Natural Resources Greg Orencsak on the sidelines of the General Conference of the International Atomic Energy Agency. “Together with the Romanian and…
-
Major Picasso exhibition opens in Romania’s Timișoara
The Picasso en visite exhibition opened at Art Encounters in Timișoara on September 17 and will run until January 17, 2027. Organized with the Picasso Museum in Antibes, it brings together 69 works by Pablo Picasso that have never previously been exhibited in Romania. The selection includes paintings, drawings, engravings, lithographs, and ceramics linked to…