Category: Uncategorized

Romania should prepare a report, building on the World Bank report on taxation prepared under the Resilience Plan PNRR (milestone 205), establishing two scenarios for the tax reform, with fully specified measures by April 1, 2025, according to the set of reforms and investments that underpins an extension of the adjustment period to 7 years…

Romania’s general government budget deficit has widened by 74% y/y to RON 109 billion ( EUR 22 billion) in January-October, according to data published by the Finance Ministry.  All categories of expenditures surged – the investment-related expenditures but also the current expenditures – while the current revenues increased by only a decent rate furthermore not…

Romania’s competition watchdog ordered the National Company “Bucharest Airports” (CNAB) to refrain from intervening in taxi applications and free up access to its software and terminals used for ordering taxis. Until now, only the software applications of taxi companies could run on the touch screen terminals within Henri Coandă International Airport in Bucharest.  In doing…

The number of doctors and nurses per 1,000 inhabitants in Romania remains below the EU average: in 2021, there were 3.5 practicing physicians per 1,000 inhabitants – among the lowest rates in the European Union (where the average was 4.1 per 1,000), according to a report by Save the Children Romania. The organization also highlights…

Romanian private equity platform SeedBlink announced the launch of its dedicated Secondaries project, providing individual and institutional investors with access to a growing market of secondary investment opportunities. With this platform, SeedBlink says it democratizes access to opportunities in high-growth private companies, including pre-IPO leaders like Klarna and regional tech innovators like .lumen. SeedBlink already…

Over 100 musicians and choristers will perform at the prestigious Romanian Athenaeum in Bucharest on Tuesday, December 3, in a special charity concert titled Neînvinșii/Undefeated. The event, marking the International Day of Persons with Disabilities, will raise funds for the Climb Again Association, supporting their ongoing efforts to provide therapeutic climbing sessions for children with…

Three medium-difficulty ski slopes will open on Thursday, November 28, in the popular mountain town of Sinaia, some 120 km north of Bucharest, marking the first time in six years that skiing is available in the area at the end of November. Maria Floricică, director of Sinaia Urban Transport, told Agerpres that the Lăptici 1,…

Reformist Elena Lasconi (USR) and far-right independent Călin Georgescu, both of which upended the Romanian political scene by besting the candidates of the largest parties to make it in the second round of the presidential elections, are in the process of forming alliances to secure the top job in the country. Elena Lasconi, leader of…

Romanians will head to the polls again this Sunday, December 1 – the National Day, for the parliamentary elections. And, in the context of the surprising results of the first round of the presidential elections of November 24, the upcoming vote for the Parliament is shaping up to be a pivotal moment in the country’s…

Ultranationalist Călin Georgescu, who joined the presidential elections as an independent candidate, unexpectedly scored a first-round victory and will face reformist leader Elena Lasconi (USR) in the second round, the final results confirmed. Meanwhile, traditional parties PSD (Social Democrats) and PNL (Liberals) failed to pass the first round, triggering major electoral upsets. According to the…