Ursula von der Leyen to attend EU-NATO defense talks in Romania
European Commission president Ursula von der Leyen is to attend EU-NATO defense talks in Romania at the Black Sea city of Constanta.
The EC chief is making a multi-country tour of the EU’s eastern frontline states, "with a focus on strengthening solidarity and defense in the face of growing security challenges from Russia and Belarus," the European Commission said.
Ms von...
Romanian faces ‘high risk’ of insolvency if more fiscal measures not adopted: PM
Prime Minister Ilie Bolojan has warned that Romania is facing 'a high risk' of insolvency if a second package of fiscal measures, including public administration and health reforms, is not adopted by the end of August.
Romania has a budget deficit of 9.3% the highest in the European Union and the government has hiked VAT and other taxes and is...
Romania’s central bank governor warns about recession risk as inflation peaks, though country “isn’t in a dead-end situation”
The National Bank of Romania has revised the inflation forecast up from 4.6% to 8.8% for the end of 2025, after the removal of the cap on energy prices which were not taken into account.
“Romania is not in recession, but there is this risk,” the central bank governor Mugur Isarescu said on Tuesday. He warned that political stability...
Romanian minister announces 40,000 local administration jobs to be slashed, saving 440 million euros annually
Romania's Development Minister Attila Cseke has announced the government will cut 40,000 jobs in local administration, saving the government 2.2 billion lei every year in its bid to reduce public spending.
The minister also proposed redistributing funds from other ministries to finance projects from the "Anghel Saligny" rural development program which needs 4.5 billion lei by the end of the year....
Isărescu: Dacă vrem să evităm recesiunea, este esenţială o accelerare a absorbţiei fondurilor europene
Banca Naţională a României (BNR) revizuieşte în sus prognoza de inflaţie de la 4,6% la 8,8% pentru anul 2025, a anunţat guvernatorul Mugur Isărescu, în coferinţa de presă privind raportul trimestrial asupra inflaţiei. El consideră că, dacă vrem să evităm recesiunea, este esenţială o creştere a absorbţiei fondurilor europene, notează News.ro.
”O premieră după mulţi ani, 4-5, am intrat într-o...
Restanțele justiției românești: raportul calitate-preț și bunul simț
>>> Floarea e momentan doar una de mucegai
Governments race for AI supremacy
The AI race is in full swing and it is currently led by the US technology giants, which are competing between themselves but also with rivals from China and the EU. However, this AI race is also a priority for governments, writes eToro analyst for Romania, Bogdan Maioreanu.
The US, the EU and China are developing their own strategies that...
VIDEO | President Nicușor Dan signs into law budget cuts, praises ‘remarkable’ pro-Western government
President Nicușor Dan on Friday praised Romania’s ‘remarkable’ pro-Western coalition as he had signed into law a package of tax and budget measures designed to slash Romania’s whopping budget deficit.
'We have just signed the first package… of 30-40 pages,,” he said.
“After years when Romania spent more than it could afford, and then you take measures that reduce these...
