It took famous persons ending up behind bars and issuing alarm signals that had an impact on the public for things to start moving in the direction of measures being taken to modernize prison conditions, despite the fact that the signals issued by common detainees throughout time had previously left the authorities indifferent. However, the [...]
Romania’s major automotive associations have voiced concern after the Government suspended its flagship 2025 scrappage grant scheme, citing fiscal constraints. The Association of Motorcycle Importers and Distributors in Romania (AIDMM) and the Association of Automobile Manufacturers and Importers of Romania (APIA) have criticized the move, calling it a political decision that threatens both industry stability […]
The fourth Coradia Stream electric train has arrived at the Alstom Grivița depot from the batch of 37 ordered by the Railway Reform Authority, the rolling stock manufacturer announced on June 19. According to Alstom, the new train will undergo 2,000-kilometer endurance tests without passengers, a mandatory requirement for any new train before entering service. […]
The European Parliament voted on June 18 in favor of a resolution to prolong the funding period of the Recovery and Resilience Mechanism (RRM), supporting a Romanian-led initiative to ensure that ongoing investment projects under the national recovery plans can be completed. The final decision, however, rests with the European Commission. The report, co-authored by […]
Romania’s public debt, as measured by the ESA methodology, increased by only RON 9 billion (EUR 1.8 billion) during March, reaching 56.1% of GDP at the end of the month, up from a revised 55.7% one month earlier and 54.8% at the end of 2024, according to data published by the Finance Ministry. The end-February […]
FDI inflows to Romania decreased by 14% y/y in value to EUR 5.7 billion in 2024 (1.6% of GDP), more than the 11% y/y decline across Europe. But, against negative dynamics (-5% y/y) in Europe, the number of FDI projects in the country surged by 57% to 94, marking Romania's best performance since 2018, according […]
While Cluj and Sibiu are busy with large film and theater events, Bucharest has numerous outdoor events, music festivals, and themed film programs.
