President Nicusor Dan said on Monday that the measures to narrow the government deficit in Romania are provisional."I want to tell Romanians that it is a provisional issue, that Romania has economic potential. As I have said several times, at the end of 2026, if we don't make mistakes, we will join the Organisation for Economic Co-operation and Development (OECD), which will make Romania interesting to foreign investors," Dan told a news conference at the Cotroceni Presidential Palace.He added that the Romanian economy has a potential for development "as soon as we get over this short period of recovery.""I want to assure investors and financial markets that we are serious people and that when I promise that we will make reforms, we will make them, so that Romania's financial situation recovers," said Dan. Romania's Presidential Administration will reduce its own budget by 20% at the budget revision, President Nicusor Dan said on Monday at a news conference."When the budget revision for 2025 comes, the Presidential Administration will propose a 20% reduction in its own budget, in order to participate in this collective effort," said Dan.He added that the cut means some RON 20 million.Asked if that also means cutting his pay, Dan said: "The large amounts are important (...). For the moment there is no such intention." (Photo:https://www.presidency.ro/)
Maramureș International Airport in northern Romania has submitted a funding request for the implementation of a renewable energy project aimed at constructing a 2.5 MW photovoltaic park and an integrated battery storage system. The application was officially filed on July 14, according to the official announcement. The investment will cover the airport’s full electricity needs […]
Romania will face some of the most severe economic consequences of heatwaves in Europe, with projected losses expected to exceed -2.5% of GDP by 2055–2064 due to lowered labor productivity, according to research published in Nature Communications and quoted by Euronews. ...
The Bucharest City Hall is inviting residents to take part in a blood donation session on Monday, July 21, organized in partnership with the Bucharest Blood Transfusion Center. The event will take place at the City Hall headquarters on Regina Elisabeta Boulevard. Throughout the session, medical staff from the Blood Transfusion Center will be on-site […]
Romania attracted roughly EUR 391 million in real estate investments during the first half of 2025, marking only a slight 6.5% decrease compared to the same period last year (EUR 418 million). Despite the dip, H1 2025 ranks as the second-best performing first semester in the past 12 years, standing 30% above the long-term average, […]
The Bucharest Airports National Company (CNAB) announced on Tuesday, July 15, that it has begun modernization, replacement, and capital repair works on the passenger boarding and disembarkation bridges at Henri Coandă International Airport, Bucharest’s main airport. The works consist of installing three new bridges and modernizing seven of the existing ones. At the end of […]
Local authorities in the mountain town of Râșnov, in Brașov County, have begun installing an electric fence to protect residents from bears that come down from the forest to scavenge for food. According to Râșnov Town Hall representatives, the measure comes as a result of increasingly frequent 112 emergency calls from citizens reporting the presence […]
