Nearly half of Romanians believe their country’s army would not be able to resist for 48 hours in the event of an attack, according to a new Avangarde poll quoted by News.ro. The survey also showed...
Minister of Environment, Waters and Forests Diana Buzoianu has criticized the leadership of the National Administration "Romanian Waters" (ANAR) for failing to access EUR 350 million in National Recovery and Resilience Plan (NRRP) funds earmarked for the construction of dikes, dams, and polders."Over EUR 350 million should have been allocated to the construction of dikes, dams, and polders in the Romanian Waters sector. Of the 13 polders initially planned, only one is nearing completion. The original target of 510 kilometers of dikes was later scaled back to 400 - yet not a single kilometer has been built. (...) The European Commission will almost certainly refuse to keep this funding in the program. It's wasted money, lost money. Romania had a historic opportunity, and it slipped through our fingers. We had the chance to act and secure these funds a year ago," the minister said in a Sunday interview with private broadcaster Digi24.Minister Buzoianu added that the director of ANAR should have already resigned and stated she will make a decision regarding his position after the release of the Prime Minister's Control Body report on the situation in Praid flooded salt mine.According to the minister, ANAR is currently paying EUR 54,000 per month in rent for its Bucharest headquarters and intends to purchase a 6,000-square-meter building for its 270 employees, with an estimated price tag of RON 75 million.Diana Buzoianu has requested a full inventory of all real estate managed by institutions under the ministry's authority and plans to assess whether those properties could be better utilized."I was told by Romanian Waters officials that they had a budget of RON 75 million last year to purchase a new headquarters. I was quite taken aback. I explained to them that, in a year when they failed to access a single euro of NRRP funds - losing all money for dikes and dams - it sends the wrong signal to be receiving RON 75 million for real estate. First, let's ensure things are functioning properly and that they're capable of attracting funds," she said.The minister also announced that she had dispatched the Control Body to Romanian Waters last week to investigate staffing structures, the failure to attract EU funds, and how field inspections are carried out."EU funds were not accessed by the Romanian Waters. So, as we now witness communities affected by floods, we must all ask: why haven't we been able to prioritize and implement projects through an institution with over 8,000 employees and sitting on a mountain of money? This is a legitimate question for everyone whose home has been literally destroyed by floods. Why weren't flood-prevention works prioritized?," she concluded.
Nearly half of Romanians believe their country’s army would not be able to resist for 48 hours in the event of an attack, according to a new Avangarde poll quoted by News.ro. The survey also showed...
Energy minister Bogdan Ivan, who promised to come up by the end of last week with an update on the negotiations with the European Commission (EC) on the prolongation of the functioning of several coal-fired power plants, keeps warning of extreme developments under circumstances described as "the perfect storm" this winter. Minister Ivan announced that, […]
Romania was close to having its 2026 EU funding suspended in July, but "we are now in another reality" after the new government took the necessary steps in the past 100 days, finance minister Alexandru Nazare, said upon returning from the October 9-10 EcoFin meeting, without any specific details about his talks on the Commission's […]
Rating agency Fitch, based on Romania’s 2025 budget revision and the macroeconomic forecast predicting muted growth of 0.7% this year rising to 1.2% in 2026 and 2027, projected that the country’s public deficit under ESA methodology would decline from 9.3% last year to 8.5% in 2025, followed by gradual reduction to 7% of GDP in […]
The international rating agency S&P Global Ratings completed and published on October 10 its annual review of Romania's creditworthiness, a review it performs on all sovereign debt issuers. It involves assigning scores to 5-6 key indicators, without constituting an action to modify or maintain the sovereign rating. The country's rating is based on the dimensions assessed […]
Romania’s annual inflation rate remained below 10% in September, concluding the month at 9.9%, according to data published on Monday, October 13, by the National Institute of Statistics (INS). Non-food goods continued to drive price growth, recording an annual increase of almost 11.1%, while services rose roughly 10.4% and food prices climbed 7.9%. The figure […]