About 10% of Romanians hold roughly 58% of the total net wealth in the country, according to a new report by the National Bank of Romania (BNR).
Overall, the net wealth of Romanians continued to grow and has reached approximately double the gross disposable income (Q4/2023). The net wealth of the population is calculated as the total value of non-financial and financial assets held by Romanians minus their debts.
“The balance sheet situation of the household sector remains robust,...
The Bucharest Tribunal has approved the National Anticorruption Directorate’s (DNA) request for the preventive detention of Vlad Oprea, the mayor of the popular mountain town of Sinaia, following alleged violations of judicial control restrictions imposed on him in the case in which he faces several charges of corruption, news agency
The cancellation of the elections in Romania in November 2024 was taken into account when the Trump administration excluded Romania from the Visa Waiver program, according to an internal note from the National Security Council obtained by Politico...
Increasingly invoked in the public space, the right to freedom of expression risks being applied indiscriminately, to the detriment of other fundamental rights such as the right to privacy and the protection of personal data. In a legal analysis covering both European and national law, attorney Razvan Popescu highlights the risks of excessive interpretation of […]
STIRIXIS Group, the internationally awarded Greek Design & Consulting firm with over 850 projects in 29 countries, has designed and delivered the new, cutting-edge entertainment hub for Village Cinemas at The Mall Athens. The newly designed reception and support areas – including the foyer, the gaming zone, the Village Center retail shop, and the ticketing […]
Romgaz, Romania’s largest natural gas producer, has initiated legal proceedings seeking the dissolution of Greenpeace CEE Romania, citing insolvency and alleged misuse of the organization’s structure to avoid financial accountability, energy minister Sebastian Burduja announced. The lawsuit was filed through Romgaz’s subsidiary involved in the Neptun Deep offshore gas project and registered at the Bucharest […]
The Bucharest office market recorded a significant drop in leasing activity during the first quarter of the year, with gross take-up reaching 51,300 square meters - down 44% compared to Q1 2024, according to data from Cushman & Wakefield Echinox. Despite this slowdown, the market is showing early signs of recovery, with a series of […]
