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Romania's finance minister confirms 7-year fiscal consolidation plan due October 15

September 25, 2024

Romania sticks with its plans to deliver the fiscal consolidation strategy to the European Commission by October 15, and the strategy encompasses a seven-year transition before reaching the 3%-of-GDP gap, finance minister Marcel Bolos confirmed in a conference, quoted by

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Romanian Cultural Institute brings Princess Sofia of Romania’s photo exhibition to Bucharest and London

The Of Stone and Steel. A Voyage into the World of Urbex photography exhibition of Her Royal Highness Princess Sofia of Romania opened at the Romanian Cultural Institute (ICR) in Bucharest this week and will also travel to ICR London later this fall. The exhibition, put together by HRH Princess Sofia in collaboration with Jean […]

Planned Cluj-Napoca subway to receive financing through green bonds

Cluj-Napoca mayor Emil Boc announced that green bonds will serve as a source of funding for the local subway project, alongside funds from the EU-granted National Recovery and Resilience Plan (or PNRR). The mayor signed the financing contract for green bonds together with transport minister Sorin Grindeanu.  "This new source of financing from green bonds covers both […]

German athluxury sports fashion brand Bogner enters Romania with a first store in Bucharest

Bogner, the German fashion company specializing in athluxury sports fashion, globally active and represented in over 50 countries, has decided to enter the Romanian market with a first store in Bucharest. The new boutique is set to open on November 1, following an investment of roughly EUR 500,000. The Bucharest store operates as a franchise […]

Report: Romania among EU countries with most accessible mortgage loans

Romania has remained among the European Union (EU) states with the most accessible mortgage loans, considering the average wages at the national level and the costs of buying a one-bedroom apartment through a 25-year mortgage loan, according to a report by online broker Ipotecare.ro and financial consultancy and mortgage lending company SVN Credit Romania. The […]

Confident Agency represented the international and exclusive exhibition "Bearing Witness" in Bucharest

Confident Agency has successfully represented in Bucharest the launch of “Bearing Witness”, one the most exclusive and impactful international conflict photography exhibitions. The grand opening coordinated by the Confident team took place in the presence of the two world renowned photographers Mr. Muhammed Muheisen, two-time Pulitzer Prize-winner, and Mr.Howard G. Buffett, the middle son of […]

BRINGO exceeds 1 million orders delivered in 2024

Bringo LifeINDEX: Water, bananas, and cucumbers are the most ordered products Largest order in 2024: 9,000 RON Average shopping basket value: 285 RON Friday and Saturday are the most active days  BRINGO, the first rapid grocery delivery service through personal shoppers in Romania, surpasses the threshold of 1 million...