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...
The system of pensions paid to military personnel should be changed gradually until 2035 to avoid losing personnel, minister of defence Ionut Mosteanu said ina Digi24 interview, implying that the European Commission insists on a faster pace. "A gradual reform is needed until 2035. It's 10 years, any system can be reformed in 10 years (...) I believe that, if we have a clear calendar, which is constitutionally sound, the [European] Commission will also understand," Mosteanu said. Romania must reform its system of so-called "special" pensions so as to prevent the rise of the impact on the public budget, under the National Relaunch and Resilience Plan (PNRR). Ionut Mosteanu said that any decision related to military pensions will be made after discussions with their beneficiaries. He stated that, at the moment, these debates have not yet been initiated "because we do not have a very clear plan at this time to change the retirement method or the payment method of military pensions." "When we talk about military pensions, we are also talking about those in the Ministry of Interior and other institutions such as the intelligence services (SRI, SIE), state personal security services (SPP), special telecommunication services (STS) - all must be dealt with as a whole. At this moment, it is important to ensure that people have a very clear perspective on what is coming," said Mosteanu.
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 […]