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Orban’s Hungarian allies in Romania insist he ‘is not racist’

The leader of Romania’s ethnic Hungarian party on Thursday insisted that Hungarian Prime Minister Viktor Orban  “was not a racist” and comments he made that triggered international outrage had been taken out of context. More than one month after Mr Orban made a controversial speech where he talked about ‘mixed race’, his ally in Romania, Kelemen Hunor, said he refused...

Changes in Romanian online banking may create difficulties for local foreigners

Changes that have recently been introduced to the Online Banking services in Romania, now require all users who download and install Mobile Banking applications to submit a copy of their identity card into an automated verification system. In addition, users are required to take a selfie and record a video for voice verification during the process, which lasts for around...

Romanian state to gain over 43 billion RON from taxes

This year, the Romanian state will gain over 43 billion RON from taxes and dividends paid by the energy sector, as a result of the price hikes, president of Romania's Energy Suppliers Association (AFEER) Laurentiu Urluescu told a press conference on Tuesday. "The suppliers haven't yet received any money in compensation for the period starting in April. For the interval...

FREE NOW ride-sharing to leave Romania

The ride sharing service "FREE NOW" which took over from Romanian startup company "Clever" has announced that they will end their activity in Romania from September 2022. The service, which is very similar to Uber and Bolt, has often been considered as one of the more competitive service providers, with generally lower pricing and also the unique ability to request...

Travel bookings to Romania up by two-thirds this summer

Travel bookings to Romania thus summer increased by two-thirds compared to 2021 when pandemic restrictions deterred people from traveling, a travel-tech company said. Kiwi.com which shares travel data on tourusts coming to Romania said the number of tourists was 67.7% higher than last year, even as the price of flights increased by 42.2%. The top 5 countries for visiting Romania are...

Drought, costs push Romania’s wheat harvest down by a fifth

Romania has harvested 9 million tons of wheat this year, the agriculture ministry said on Wednesday, a fifth lower than the record harvest of last year. Agriculture Minister Petre Daea  said a drought and higher production costs led to the fall, down from a record 11.3 million tons in 2021. He predicted that this year’s harvest would be 18% less than...

Romania voices support for Ukraine’s pursuit of Crimea

In a virtual speech delivered at the second Summit of the Crimean Platform on Tuesday, Romanian Prime Minister Nicolae Ciuca stated that the international democratic community should stand firmly united in supporting Ukraine's independence, sovereignty and territorial integrity within its internationally recognized borders, as the illegal and brutal war waged by Russia continues. "During the past six months, the Russian...

Ceaușescu’s former home transformed into help home

Derelict for years, the Botoșani villa of former communist dictator Nicolae Ceaușescu is now a shelter for the elderly and homeless after a local journalist set out to help the vulnerable, reports Romania Insider. “I was handing out hot meals to homeless people on the street. Every winter, I would see people freeze to death from the cold or from...

Euro falls below dollar in two-decade plunge

The dollar exceeded euro on Tuesday, according to the reference rate announced by the National Bank of Romania (BNR). BNR announced a reference rate of 4.8851 lei/euro, compared to 4.8853 lei on Monday. The dollar reached 4.9225 lei, from 4.8814 lei the day before. BNR governor Mugur Isărescu referred recently to the euro-dollar relation. "A depreciated euro level against the US dollar....

Romania earned almost 9 billion euros from higher energy prices

Romania’s government cashed in additional revenues of 43 billion lei (8.8 billion euros_ from higher energy prices, an  energy official said. The extra revenue came from VAT applied to customers’ higher bills, overtaxation of producers and dividends, the president of the Association of Energy Suppliers in Romania (AFEER), Laurenţiu Urluescu told Agerpres on Tuesday. Urluescu said the state collected 11 billion...

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