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 2026 and 6.5% in 2027.
This is a one-year delay compared to the trajectory set by the country under the seven-year fiscal consolidation plan sketched last autumn,...
“The Robot Cellist,” the visionary project of international artist Fredrik Gran, will perform during GoTech World 2025, the largest IT and digital solutions expo-conference for the business environment in Central and Eastern Europe. Created by Swedish composer Fredrik Gran, “The Robot Cellist” reinterprets the cello through technology, blending tradition with innovation. It has already appeared […]
Romania is 7th in a ranking of the fastest Wi-Fi connections available onboard trains in 18 countries in Europe and Asia, according to an analysis by internet speed testing service Ookla. With a median download speed of 12.46 Mbps, Romania offers Wi-Fi more than twice as fast as Italy (4.78 Mbps) and Poland (4.72 Mbps), […]
Bucharest’s Botanical Garden will once again be illuminated this fall as the “Garden of Lights – Small World” exhibition opens to the public on October 24. The nighttime event will feature thousands of light installations, colorful lanterns, multimedia projections, and interactive displays inspired by landmarks and cultures from around the world. Visitors will embark on […]
The Metropolis Foundation announced the start of construction works on Romania’s largest pediatric psychiatry hospital, a project valued at over EUR 16.5 million. The new facility will be built within Bucharest’s “Prof. Dr. Alexandru Obregia” Psychiatric Hospital. The 3,900 sqm building will include modern wards, medical offices, occupational and virtual reality therapy rooms, sensory and […]
Global enterprise AI agent platform Wonderful announced on Monday, October 13, that it entered the Romanian market and appointed Lucia Stoicescu as Country Manager. Founded in early 2025 by Bar Winkler (CEO) and Roey Lalazar (CTO), Wonderful provides an integrated agent platform allowing enterprises to build, manage, and monitor AI agents serving customers. Winkler previously […]
Several NGOs will organize a march in Bucharest on October 30 to mark a decade since the Colectiv Club fire that killed 65 people, many from hospital-borne infections. Organizers say justice still has not been served, and nothing has changed in the healthcare system. The march is meant to draw attention to the fact that, […]
