Deputy Prime Minister DragosiAnastasiu warns that Romania could have faced a severe economic crisis if it had not adopted the fiscal package requested by the European Commission by July 8. In an interview with Digi24, Anastasiu stated that our country was at risk of a currency exchange rate of 6 lei per euro and an unemployment rate of 30-40%, as Brussels was ready to trigger the procedure to suspend European funds, and rating agencies were prepared to downgrade Romania. "We were like a car with the front wheels on the edge of a cliff," said the Deputy Prime Minister, justifying the urgency and severity of the measures adopted without extensive consultations with trade unions and employers' organizations. "If we had not come up with this painful but credible package for those who fund us by July 8, the European Commission would have started the process to halt European funds for Romania, and the rating agencies would have quickly told us that we were unacceptable for investments. And that was the scenario of Greece in 2010; the exchange rate would probably have gone to 6, and unemployment to 30-40%," added the Deputy Prime Minister. According to him, there was not enough time to start "with the most painful measures and do everything properly, in consultation with trade unions and employers' organizations: there was no time." "Package 2 addresses inequalities, package 3 even more so, and so on (...) The next packages will focus on streamlining, eliminating inequalities," Deputy Prime Minister Anastasiu further stated. (Photo:https://www.facebook.com/)
Romanian director Cristian Mungiu will be part of the jury that will judge the films in the main competition of this year’s Venice Film Festival - Venezia 82. The jury, headed by American director Alexander Payne, includes French director and screenwriter Stéphane Brizé, Italian director and screenwriter Maura Delpero, Iranian director and writer Mohammad Rasoulof, Brazilian actress, writer, and […]
Romania continues to face significant prison overcrowding, according to the Council of Europe’s latest data, released on Friday, July 18. The 2024 Annual Penal Statistics on Prison Populations (SPACE I) show that Romania is among six countries in Europe with severe overcrowding, housing 116 inmates for every 100 available places. The report, which...
Chris Hemsworth returns to Disney+ in August with a new season of the National Geographic documentary series Limitless, this time focused not just on longevity, but on discovering how to live better. Titled Limitless: Live Better Now, the three-part season follows Hemsworth through physical, emotional, and mental challenges across six countries, with one standout episode […]
The Black Sea 200 Regatta 2025, Romania’s first non-stop offshore regatta with a 200 nautical mile route, takes place between July 21 and 27. Now in its first edition, the event brings together more than 10 boats from Romania and Bulgaria, according to the organizers. The endurance course will start and finish in the Romanian […]
The National Environmental Guard has fined an illegally operating zoo in Dâmbovița county, southern Romania, a total of RON 120,000 following a joint inspection that uncovered serious violations, including the lack of environmental authorization and inadequate conditions for wild animals kept in captivity. The zoo was reportedly charging RON 50 per person for entry and […]
The National Cybersecurity Directorate (DNSC) and engineering company Enevo Group have signed a strategic cooperation agreement to strengthen cybersecurity in Romania’s energy sector. The partnership aims to test and develop monitoring and alerting technologies for cyberattacks, and to improve national response coordination to incidents affecting critical infrastructure, the companies said. The agreement focuses on sharing […]
