Premier Ilie Bolojan announced on Sunday, in a video message posted on the Facebook page of the government that during the period to come new packages of measures for Romania’s reform will be adopted. He said that the political forces are aware of the difficult situation and stated that ‘there is no other solution’: If this measure is not adopted, what will it show? That we cannot correct things. If we give in one area or another, it will create a perception of giving in again and we will be back to where we started. Having that responsibility, I have tried to explain both within the coalition, but also to the people we talk to in the public sector. Colleagues, we must get our reforms done. It is no pleasure for anyone to take such measures. You do not take them with an open heart. Bad news leaves very few people to give it and sometimes I seem alone in that situation. With good news, there's always a big rush. For me it wasn't a comfortable situation, because I realized since last year in which direction Romania is heading. This is the truth. It is better to tell people the truth, so as not to create expectations that cannot be honored,' Bolojan said. Premier Ilie Bolojan announced on Sunday that the government is working on the introduction of a new system of multi-annual budget for investments which would allow local and county authorities to plan their constructions works for a period of three years, during the period 2026 – 2028.These plans aim at projects financed through the National Programme for Investments ‘Anghel Saligny’ as well through national programmes for investments.‘It will be a multi-annual programme which means national budgets for these programmes. Each authority, each construction will know how much money they get in 2026, 2027 and 2028 and will be able to plan, so that the sites are correctly organised’ Ilie Bolojan said.The Prime Minister underlined that Romania has already exceeded its investment capacity, which is why it is necessary to clearly prioritize projects according to their economic impact and the real needs of the regions.
Via Danubiana, an ecotourism trail following the Romanian stretch of the Danube River, reached a new stage earlier this month with the installation of its first milestone in Teleorman County. The marker, set up in the commune of Islaz, is the fourth along the route and part of efforts to link riverside communities through nature […]
The German STIHL Group has officially inaugurated its first production facility dedicated exclusively to battery-powered equipment in Oradea, western Romania, on Wednesday, October 15, after an EUR 125 million investment. Construction began in March 2024 and was completed in less than 18 months. The factory will gradually increase its production capacity, reaching an annual volume of […]
Romania is reportedly considering launching a Golden Visa program offering temporary residence permits to non-EU investors in exchange for significant financial commitments in the country, Profit.ro reported. According to the draft bill, the scheme – officially called...
Romania's Social Democratic Party (PSD) may insist on hiking the minimum wage as of January 2026, in line with the national legislation, but also to implement the Directive (EU) 2022/2041 on minimum wage as already envisaged last year. This puts at risk the government's plans for keeping the wages in the budgetary sector constant until […]
The Turceni City Hall signed on Tuesday, October 14, a financing contract with the European Investment Bank (EIB) for a project that aims to create a renewable energy hub, Economica.net reported. The project, worth a total of...
The Danish company Eurowind, which has been present on the Romanian market for 14 years, will develop large-scale wind, photovoltaic, and battery projects in Romania. The target is 1,000 MW installed by 2030, and a third of the group's investments are allocated to Romania, according to
