Category: Uncategorized

The deficit of Romania’s general government budget nearly doubled nominally (in local and foreign currency) to RON 80.9 bln (EUR 16.3 bln) in January-August, compared to the same period of 2023, according to data published by the Finance Ministry. The deficit-to-GDP ratio rose by 2 percentage points (pp) from 2.6% to 4.6%. The revenues-to-GDP ratio…

The Bucharest branch of the Romanian Landscape Architects Association (AsoP) has developed a green registry for Bucharest’s Kiseleff Park, focusing on one of the oldest public gardens in the city and in the country for a best-practices example of how parks and green spaces can be managed. The project, Green Registry for Kiseleff Park |…

Romanian president Klaus Iohannis can not run as an independent candidate on the parliamentary lists of the Liberal Party (PNL), the Central Electoral Bureau (BEC) in Romania ruled, answering a clarification request filed by the PNL. It is one of the episodes related to president Iohannis’s parliamentary candidacy, a process that risks damaging the Liberal…

Romania’s public road management company CNAIR signed on September 27 the contract for building a new bridge over the Prut River towards the Republic of Moldova at Ungheni, announced Hotnews.ro. The contractor, Ness Proiect Europe, will have 24 months (6 for design and 18 for construction) to complete the project within a budget of RON…

Romanian retail, agriculture, and food business group Agroland Business System, which operates the largest network of agricultural stores in Romania, closed a private placement bond offering brokered by TradeVille in which it raised RON 6.92 mln (EUR 1.4 mln) with a 4-year maturity, according to a report published at the Bucharest Stock Exchange. The bond…

The 18 F-16 fighter jets allocated by the Netherlands to the European F-16 Training Centre in Romania, of the 42 aircraft made redundant after the new F-35 fleet was completely received, are arriving in Eastern Romania at Fetesti, Economica.net reported. The rest of the 24 aircraft are being sent to Ukraine. Initially, the Netherlands intended…

The Social Democrat (PSD) leader, prime minister Marcel Ciolacu, leads in the latest electoral poll for the presidential elections operated by Insomar-Avangarde, with 30% of the voting intentions – far from the second candidate Nicolae Ciucă (Liberal Party PNL, 17%) or the independent candidate Mircea Geoana (15%). However, only two in three polled persons have…

Craiova, a major city in southwestern Romania, will begin to set up its Christmas Market this week, mayor Lia Olguţa Vasilescu announced. The main event of the holiday season is scheduled to open on November 15. “From next week, we will start setting up the installations for the Christmas Market because we want to have the…

The Russian Federal Security Service, or FSB, announced on Friday, September 27, the opening of criminal cases for illegal border crossing against Romanian journalist Mircea Barbu, a HotNews.ro correspondent, along with Fletcher Young and Catherine Diss from the Australian television ABC.  The cases were opened because the three journalists produced reports in the Russian region…

As one of Romania’s premier international schools, Cambridge School of Bucharest (CSB) continues to shape the future of education with its comprehensive curriculum, cutting-edge facilities, and unwavering commitment to nurturing the next generation of global leaders. With a thirty-year track record of success, CSB is a key player in Romania’s international education sector, continuously adapting…