The dynamics of public investments was much higher this year, in the conditions in which, in the budget execution account, Romania recorded, at the end of August, 67 billion RON of investments made from both European and national funds, he announced on Tuesday the minister of Finance, Marcel Bolos, during the "RoInvest - 5th Edition" conference, organized in Bucharest on Tuesday."We had a much higher dynamic in 2024, for the pace of public investments, and in the budget execution account, at the end of August, we recorded 67 billion RON, investments made from both European and national funds. For which means the evolution until the end of the year and, of course, the implementation of this ambitious public investment budget, the figures show us that we will easily exceed 110 billion RON. There are projects that, whether we are talking about the highway infrastructure or the the railway or the other investments that are made in the field of education, but also in the field of health, are the backbone of Romania's development," said Marcel Bolos.According to him, the public investment budgets for the years 2025, 2006, 2027 "are extremely ambitious"."Over 150 billion RON will be allocated from the state budget in the form of co-financing, as well as expenses that represent Romania's contribution to the cohesion policy, to the National Recovery and Resilience Plan, and to the Anghel Saligny National Program. perspective, as a percentage of GDP, in the coming years we will reach up to 8% allocation of these budgets. The good part is that, if until yesterday we did not have budget execution on investments - and the budget corrections from the previous years were done through money cuts from investments, because the money was not used - now this is no longer in question. Our last budget rectification, the one from yesterday, assumed an increase of 20 billion RON for investments financed from European funds," the minister added.
Romanian firefighters intervened to extinguish 8,520 vegetation fires nationwide between June 1 and August 31 this year, 3.2% fewer than in the same period of 2024, the General Inspectorate for Emergency Situations (IGSU) said on Tuesday, September 23. Despite the slight national decrease, the agency said the phenomenon continues to pose a major threat to […]
A plane with hundreds of passengers was forced to remain in the air and circle the Cluj-Napoca International Airport for several minutes after an air traffic controller reportedly fell asleep on duty, Stirileprotv.ro reported. The incident is said to have happened over a month ago. On that night, three controllers...
Romanian consumer confidence has dropped to one of its lowest levels in the past 15 years, consultancy company Colliers said in a recent report. After several years of record demand, Romania’s housing sector entered 2025 in a cooling phase as buyers grew more cautious. Consumer sentiment saw its steepest half-yearly decline since the 2009–2010 financial […]
The North Atlantic Treaty Organization, or NATO, will begin deploying Turkey’s advanced MEROPS surveillance system in Poland and Romania to guard against drone incursions from Russia, Euractiv reported. The Multispectral...
Bellemonde announced that it launched a new premium residential project in Pipera, northern Bucharest, adding 52 villas through an estimated investment of EUR 25 million. The development, called Bellemonde Privée, will include single-family homes, duplex villas, and townhouses, built on a 25,000 sqm plot across from the existing Bellemonde complex. About 65% of the total […]
Romanian foreign minister Oana Țoiu expressed solidarity with Estonia during the September 22 emergency meeting of the United Nations (UN) Security Council after the latter's airspace was violated by three Russian fighter jets last week. On Friday, September 19, Russian jets entered and stayed in the airspace above the Gulf of Finland for 12 minutes, […]
