* IMF started Bucharest mission with discussions at BNR on personal insolvency, conversion of loans The delegation of the International Monetary Fund (IMF) started on Tuesday the visit to Bucharest with talks at Romania’s Central Bank about the law on insolvency of individuals and the conversion of foreign currency loans into lei, official sources told [...]
Romania's budget deficit, meaning the gap between revenues and expenditures, reached 3.39% of GDP after the first five months of the year, while the new government grapples with balancing initiatives. The deficit increased compared to the first four months, when it stood at 2.95% of GDP, and remained roughly stable compared to the first five […]
eLog, a Balkan-based provider of reusable transport packaging systems for the retail sector, has entered the Romanian market by leasing 4,000 sqm of warehouse and office space at CTPark Bucharest North. The facility, developed by CTP, will serve as eLog’s first operational hub in Romania, supporting its expansion into local retail logistics. Specializing in Retail […]
More than three-quarters of Romanians (76%) see Artificial Intelligence as an opportunity for the economy and society, although half of them also acknowledge its risks, according to a new RoCoach and Novel Research study. Overall, over one-third of respondents (35.7%) believe that AI will primarily lead to job losses, even if new types of roles […]
Prosecutors with Romania's General Prosecutor's Office have formally changed the legal status of former presidential candidate Călin Georgescu from suspect to defendant, judicial sources told Agerpres on Friday, June 27. The decision comes after Georgescu quoted Corneliu Zelea Codreanu, the leader of...
A motion of censure against the European Commission led by Ursula von der Leyen was submitted on Thursday, June 26, by far-right member of the European Parliament Gheorghe Piperea, part of the Alliance for the Union of Romanians (AUR), the party announced. Piperea, along with the other AUR deputies in the European Parliament, is part […]
FlixBus, the travel-tech company operating Europe's largest intercity coach network, announced the launch of its first domestic routes in Romania. Operated in partnership with local carriers, the 10 new intercounty lines will connect over 50 cities, the company said. FlixBus's domestic network includes major routes such as Bucharest–Iași, Constanța–Timișoara, and connections to cities like Satu […]
