Bucharest’s interim mayor Stelian Bujduveanu has warned that traffic congestion remains the capital’s most pressing problem, with 1.7 million vehicles registered in the city and another 300,000 cars entering daily from surrounding areas, News.ro...
Romania's Prime Minister Marcel Ciolacu said that his discussions on Friday in Brussels with President of the European Commission Ursula von der Leyen focused on Romania's key priorities, mentioning among them the acceleration of the National Recovery and Resilience Plan (PNRR), budget deficit reduction without raising VAT, and election security."Important discussions today with President von der Leyen on Romania's key priorities: PNRR acceleration - ensuring efficient fund absorption and requesting an extension for major projects. Budget deficit reduction without raising VAT - focus on digitalization and tax collection. Election security - combating disinformation and cyber threats," Ciolacu wrote on Friday in a social media post.He added that ned that also discussed was Europe's role in peace talks, insisting that "Romania must be at the table!"."A strong European Union means a stronger Romania! Stronger together, the EU and Romania," Ciolacu concluded. Prime Minister Marcel Ciolacu also said that Romania will request the modification of the National Recovery and Resilience Plan (NRRP), and that this will most likely be done in March."We are in the middle of an economic dynamic. We thought that certain projects would mature in a certain time, we have certain legislation in place on public procurements, tenders, challenges and it is normal that the NRRP should be discussed after a given period against the backdrop of these developments. Greece and Italy have finished this discussion and Romania is going to have it too. It's just normal. I think this will happen in March," specified Ciolacu.The prime minister mentioned that on Friday he had a discussion with EC President Ursula von der Leyen, and the priority topic was the payment request No. 3 and the renegotiation of the NRRP."We also talked about target 119, which provides for the closure of certain coal-fired capacities at the end of the year. There were several negotiations, given that we pledged a deficit of 7% this year, to try to transfer the projects that have very high co-financing share from the national budget to cohesion, and make investments with lower co-financing a priority this year. We initiated this approach, the next step is for me together with the finance minister and the European investments minister to hold meetings with each minister who has NRRP projects underway," said the head of the government.Marcel Ciolacu also specified that the tax reform was also a subject of discussion with the EC president, and assured again that neither the VAT will be raised, nor "will the flat tax rate be touched." (Photo:https://gov.ro/)
Bucharest’s interim mayor Stelian Bujduveanu has warned that traffic congestion remains the capital’s most pressing problem, with 1.7 million vehicles registered in the city and another 300,000 cars entering daily from surrounding areas, News.ro...
Databricks, an artificial intelligence company based in the United States with two Romanians among its founders, is launching an accelerator to finance artificial intelligence startups. Up to USD 250,000 is available for small companies. The funds can come in several forms, including cash, credits for using the Databricks platform, and credits from external providers verified […]
The government has reportedly been sued for failing to organize the election for Bucharest mayor within the legal deadline of 90 days from the vacancy of the post, according to Antena3.ro. The authors of the complaint are not disclosed, but the reformist...
Romania's isolationist party AUR consolidated its leading position in two polls carried out by Avangarde and CURS, although the scores and the advance versus the primary challenger – the Social Democratic Party (PSD) – differ significantly between the two estimates. The isolationists' leading position, still not challenging the combined score of the four parties in […]
Romania's public debt surged by RON 21.5 billion in May alone and by RON 70.7 billion year to date, reaching RON 1.035 billion (EUR 204.1 billion) or 57.8% of GDP at the end of May, according to data published by the Finance Ministry. Romania's public debt rose by RON 70.8 billion (EUR 14 billion) […]
The giant Procter & Gamble recently started a production line in Romania, at the Urlați factory in Prahova County, according to Revistaprogresiv.ro. The company will produce Lenor scented pearls here, one of the company's latest innovations in fabric care. Four years ago, the company inaugurated...