Interim President Ilie Bolojan on Monday welcomed a delegation of the management of the National Bank of Romania (BNR) at the Cotroceni Presidential Palac, represented by Governor Mugur Isarescu and Deputy Governor Cosmin Marinescu.According to the Presidential Administration, the meeting took place amid the current macroeconomic picture dominated by internal and external risks and uncertainties that require prudence and responsibility in terms of economic policies."Interim President Bolojan underlined the importance of the central bank in ensuring the country's economic stability and in increasing the confidence of financial markets and investors in Romania's economy."The Presidential Administration shows that the discussions focused on the need for close cooperation between public economic and financial authorities."Romania's economic stability requires responsible policies and structural reforms, in line with the commitments of the National Recovery and Resilience Plan, which ensure the sustainability of public finances and the financial system in the long term," according to the Presidential Administration.Governor Isarescu underlined BNR's commitment to contributing to securing macroeconomic stability by adequately managing the existing risks within the limits of the institutional powers of the central bank."Securing financial and economic stability remains, in the current context, the main objective of the National Bank of Romania, for the achievement of which coherent and responsible decisions are necessary, which would lead to the full capitalisation on the European funds from which Romania benefits and to increase, implicitly, the investment attractiveness at the level of the private sector," according to the Presidential Administration. (Photo:https://www.presidency.ro/)
Ion Iliescu, Romania’s first president after the fall of communism in December 1989 and one of the country’s most influential and controversial political figures, died on Tuesday, August 5, at the age of 95. His death was announced by the government, which expressed condolences to his family and stated that details regarding the state funeral […]
A large medieval cemetery was discovered this week at the Hasdeu High School in Lugoj, western Romania. The complex may have extensions into the surrounding yards and a high historical importance. Although the excavations are only just beginning, with an estimated 10% of the necessary work completed so far, the discoveries have already showed promise. […]
A trilateral working meeting for the creation of a regional cybersecurity alliance between Romania, the Republic of Moldova, and Ukraine took place on July 30 in Chernivtsi, Ukraine. The establishment of such a union would boost Romania's role in region. "The National Cybersecurity Directorate considers that the initiative to establish a cybersecurity coalition between Romania, […]
Two Dacian gold bracelets from the collection of the National History Museum of Romania (MNIR) have been recently 3D scanned as part of a digital preservation project highlighting these exceptional archaeological pieces. The initiative, launched by the museum, aims to showcase the artistry and cultural significance of Dacian goldsmithing. Crafted with remarkable skill, the spiral-shaped […]
Arad, a city in western Romania dubbed the “Little Vienna,” will organize a celebration of its history and culture in the Austrian capital, between August 8 and 20. The Days of Arad Culture begin on August 8 with the photo exhibition "Arad of Yesterday and Today," which will highlight the architectural connection of the city […]
In a report published on Tuesday, August 5, the Group of States against Corruption, or GRECO, said that Romania has fully implemented two of the 26 recommendations made in the 2023 Fifth Round Evaluation Report on preventing corruption and promoting integrity among top executive functions of the central government and law enforcement. Out of the […]
