The chief of the Romanian Intelligence Service (SRI) , George Maior, on Tuesday tendered his resignation to President Klaus Iohannis, according to an announcement made by the Presidential Administration. The President accepted it. Maior’s resignation took the political stage and commentators by surprise, all the more so as, in his vast interview granted to B1 [...]
Play Giurgiu, a festival for children and teenagers, will present a program of films, workshops, and other cultural activities in the southern Romania city of Giurgiu, which lacks a cinema hall. The event, taking place between June 27 and June 29, is organized by the animation festival Animest at the city's Tudor Vianu theater and […]
The cap on the commercial markup for basic foods will be extended by three months, until September 30, 2025, according to a draft emergency ordinance published on June 26 by the Ministry of Agriculture and Rural Development (MADR), Digi24 reported. According...
The first fiscal corrective package of the seven-year fiscal plan would be endorsed in an extraordinary session of the Parliament by the end of July, Romania's president Nicusor Dan said in Brussels after meeting European Commission's president Ursula von der Leyen. "As we agreed before the formation of the government, they [the first fiscal measures] […]
Romania’s car production declined by 6% year-on-year in the January–May 2025 period, totaling 231,181 vehicles, according to data released by the Romanian Automobile Manufacturers Association (ACAROM) on June 26. The drop occurred despite a significant rebound in May when output rose 20% compared to the same month last year. Of the total vehicles produced in […]
The European Commission estimates that progressive taxation levied on global income in Romania, with tax rates of 6%,12%, and 18%, would bring EUR 11.8 billion in revenues to the budget, according to an analysis consulted by Profit.ro....
Romania's largest lender, Banca Transilvania (BVB: TLV), announced it successfully raised RON 1.5 billion (EUR 300 million) with its first sustainable bonds issue in RON on the Bucharest Stock Exchange, which demonstrates the high interest of local investors, despite the uncertain economic context. The issue consisted of senior non-preferred bonds, having a maturity of […]
