Category: Uncategorized
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Romania’s far-right leader George Simion elected vice-president of ECR Party
The leader of Romania’s nationalist party Alliance for the Union of Romanians (AUR), George Simion, was elected, on January 14, vice-president of the European Conservatives and Reformists Party (ECR Party), one of the most influential parties on the current European political scene, during a congress organized by the ECR Party in Brussels. “George Simion has…
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Natural gas price keeps rising at Bucharest commodity exchange
The price of natural gas continued to rise on January 14 at Bucharest commodity exchange BRM due to the cooling weather and uncertainties regarding the long-term functionality of the only gas pipeline that still transports Russian gas to Europe, TurkStream. The price exceeded the threshold of RON 300 (EUR 60) per MWh for the first…
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Romania seeks to diversify financing to keep borrowing costs competitive
Romania is looking to alternative parts of the bond markets to keep its borrowing costs as competitive as possible, the head of Treasury Stefan Nanu said in Vienna on January 24, as quoted by Reuters and Daily Mail. Romania plans to tap the foreign markets with an FX bond as soon as the end of…
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Far-right Romanian politician Călin Georgescu says he declined invitation to Trump inauguration
Former presidential candidate Călin Georgescu stated during an interview that he was invited to the inauguration ceremony of the US president-elect Donald Trump but declined the invitation, Hotnews.ro reported. Georgescu told Realitatea Plus host Anca Alexandrescu, whose show he frequents, that he has no reason to go, despite the fact that the right-wing, sovereignist bloc…
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Romania to purchase 40 intervention vehicles equipped with robots
Romania’s General Inspectorate for Emergency Situations (IGSU) has launched a tender for a contract worth RON 342 million (EUR 68.7 million) to purchase up to 40 intervention vehicles. The vehicles are equipped with intervention robots designed to carry out specific missions in areas affected by potential industrial disasters, including in the industrial sector, according to…
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Romanian startup behind Bible Chat app aims for US expansion and IPO
Bible Chat, an app launched by Romanian entrepreneur Laurențiu Bălașa, aims to assist Christians of all denominations, regardless of the Bible they follow, with answers or counseling based on their problems. The app is currently expanding in the US. Bălașa, 34, told Economedia.ro that he developed the AI-powered application with the help of theology researchers…
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Libris.ro: What Romanians read in 2024. The map of Romania in books read. How TikTok revived classic literature: “White Nights” by Dostoevsky, the unexpected bestseller of Generation Z
21% more books ordered in 2024 F.M. Dostoevsky – the most appreciated author Ioana Chicet-Macoveiciuc – the best-selling Romanian author Ilfov, Bucharest, and Brașov – the highest number of orders per capita Brașov – 35% more books sold 135 RON – the average order value nationwide; 240 RON – the average order value internationally The classic novel “The Catcher in the Rye” – the…
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Bucharest mayor says Romania’s territorial reorganization should be based on well-founded studies, not rushed
Nicușor Dan, the mayor of Bucharest and a presidential candidate, has expressed strong reservations about how Romania’s administrative and territorial reorganization is being discussed after the Social Democrats said they intend to draft a project in this sense. He emphasized the need for a methodical and data-driven approach and said the reform should not be…
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Romania ends 2024 with 5.1% inflation, EC expects deceleration to 2.5% by 2026
Romania registered an annual inflation rate of 5.1% for December 2024 despite significant fluctuations, according to data published Tuesday, January 14, by the National Institute of Statistics (INS). The figure remained unchained from the previous month amid higher political turmoil. In October 2024 inflation had come down to 4.67%, while in September it sat at 4.6%. The presidential…
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Romanian developer Genesis Property appoints Flavia Schoech as Chief Operating Officer
Genesis Property, one of the leading office building owners in Romania, announced the appointment of Flavia Schoech as Chief Operating Officer (COO). In the new position, she will lead the development and alignment of the company’s operational strategy, “focusing on accelerating business growth objectives, efficiency, and the integration of ESG principles,” the developer said. Flavia…