Romania will negotiate with the new European Commission a seven-year agreement to re-enter the 3% deficit target, prime minister Marcel Ciolacu said on Tuesday, claiming that our country is in a period of "accelerated" development and it is very important that investments continue."What I can tell you is, for example, that the World Bank gave us a loan to cover the deficit. I suppose that the World Bank saw the pace of Romania's development and did not consider it a risk for an investment in Romania," Ciolacu said, when asked what measures to reduce spending were discussed by the coalition on Monday in order to reduce the budget deficit.According to him, the government should be allowed to negotiate with the European Commission regarding the budget deficit."We have to decide, do you want to enter the logic in which, in two months, if you want, I stop any investment and we have a 3% deficit? I don't have a problem. With all the expenses that have increased in salaries and you know well that the expenses in salaries have increased last year in education and health, after a social crisis and after the biggest strike in the education system. (...) I repeat, I prefer you to ask me daily about the deficit and to continue the investments. I don't stop investments in Romania. (...) Let us negotiate with the Commission. These things are not publicly negotiated," Marcel Ciolacu pointed out, adding that other European states also have to manage the problem of excessive budget deficit.He also pointed out that in the discussions that took place in the coalition meeting on Monday it was agreed that the VAT will not be increased.The prime minister participated on Tuesday in the Business Forum organized at the Palace of Parliament, on the occasion of the meeting of the Partnership for Transatlantic Energy and Climate Cooperation.
Some dinners are eaten. Others are remembered. At Corinthia Grand Hotel du Boulevard, the past few months have unfolded like a quiet culinary opera. One by one, Europe’s most celebrated chefs arrived, took over the kitchen of Boulevard 73 and left behind more than menus; they left stories. Now, on December 4, the curtain falls. […]
HORIZON CITY, a €130 million residential project, is emerging as one of the most solid and forward-thinking developments in the Pipera area—both through its scale and through the modern direction it sets for the new residential standards in the north. Developed across nearly 23,000 sqm, with 699 apartments and 926 parking spaces, the project brings […]
Romania’s National Forest Administration, or Romsilva, announced that it is putting over 16,000 Christmas trees up for sale over the winter in a press release published on Thursday, November 27. The trees can be purchased directly from the offices of the forestry districts. Prices range between RON 17 (EUR 3.3) for a spruce...
Lot 3 Pietroasele–Buzău of Romania's A7 highway, also known as the Moldova highway, was inaugurated on Thursday, November 27. The newly inaugurated segment is 13.9 km long. The A7 connects Romania’s historic regions of Muntenia, the southern part of the country, with Moldova, the eastern part. “We are opening another 13 km of the Moldova Motorway […]
The City Hall of Sinaia, a popular mountain town roughly 120 km north of Bucharest, announced that a new attraction, the alpine coaster on Pârtia Nouă, will officially open on December 1. The installation, located in the ski area near the Sinaia Gondola, features what the authorities say is the longest track of its kind […]
The Romanian national team debuted with a victory in Group A of the Women’s Handball World Championship, organized in the Netherlands and Germany. Romania won 33–24 (13–12) against Croatia in the Ahoy Arena in Rotterdam on Thursday, November 27. The Romanian team dominated the match in the second half, left backer Sorina-Maria Grozav scoring 7 […]
