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With a total of 4 goals scored, Romania topped their EURO group for the first time and is readying for a formidable challenge as they are set to face the Netherlands, a strong and experienced opponent, in the knockout stage of the UEFA EURO 2024 tournament. Moreover, Romania has progressed to the EURO knockout rounds…

Those who couldn’t make it to Cluj can watch a selection of TIFF films in Bucharest, where the Bucharest Pride week culminates with the yearly march and dedicated events focus on the cultures of India and Turkey, and retro music. Meanwhile, the Sibiu International Theater Festival is going strong, and close-by, Rășinari hosts the opening…

After a third game played at high intensity in a highly-balance Group E besides Ukraine, Belgium, and Slovakia, Romania made it to the round of 16, where it will meet The Netherlands.  More than winning Group E, the team managed by Edward Iordanescu, dubbed “the soul team” during its successful period at EURO 2024, won…

Romania’s National Liberal Party (PNL), the junior partner in the ruling coalition dominated by the Social Democrats (PSD), is reportedly considering the option of backing independent candidate Mircea Geoana (currently NATO Deputy Secretary General) for president unless Liberal leader Nicolae Ciuca makes it to the second round, Digi24 reported. The logic of supporting Geoana is…

Romania’s online retailer evoMAG plans to enter the Greek market to capitalise on “logistic convenience” and enter the markets of Poland and France.  “We decided to sell in Greece, both directly and through various channels, because of the logistical convenience. The geographical proximity and the fact that the e-commerce market is still undeveloped provide significant…

There are concerns about the sustainability of inflation convergence in Romania over the longer term, according to the European Central Bank’s (ECB) Convergence Report, which, as expected, concluded that Romania meets none of the euro adoption criteria.  In May 2024, the 12-month average rate of HICP inflation in Romania was 7.6%, considerably above the reference…

The European Bank for Reconstruction and Development (EBRD), after the June 26 trading session, launched an accelerated book-building (ABB) procedure to sell 1.7% of Romania’s leading lender Banca Transilvania (BVB: TLV) at a price nearly 9% below the closing price. The demand from institutional investors, including the local pension funds, was robust, according to Ziarul…

A six-month transitory period might be introduced for the e-VAT mechanism already enacted on June 21 by emergency ordinance (OUG) 170/2024, Romanian finance minister Marcel Bolos announced, according to Economedia.ro.  The mechanism, aimed at closing the VAT gap that is among the widest in Europe, will still be enforced in mid-2024. Besides the e-invoice centralised…

Romania’s Chamber of Deputies, the deciding body, adopted a bill establishing eight regional detoxification and recovery centers for drug addicts. The centers will include measures for prevention, treatment, risk prevention, and the consequences associated with drug use, as well as social reintegration.  “The centers are accredited by the National Authority for Quality Management in Health…

In today’s fast-paced world, the efficiency and accuracy of package delivery are crucial. When it comes to Amazon, tracking packages has become a seamless experience for customers, thanks to the company’s advanced use of data analytics. This article explores how Amazon utilizes data analytics to enhance package tracking and introduces pkge.net, a versatile tracking service…