Romania’s President Traian Basescu on Thursday said he is in favor of creating the United States of Europe and pointed out that Europe will be able to remain an economic and military power only by ceding sovereignty.
Romania will borrow again from external markets through large bond issues only after a new government is installed and announces the fiscal measures needed to correct the deficit and give investors confidence in Romania's debt, Treasury head Stefan Nanu told Bloomberg, according to
The working group, with a focus on budget, formed by the political parties that plan to emerge as the ruling majority in Romania, has reportedly come up with a series of measures aimed at addressing fiscal slippage, predominantly including tax hikes, according to Ziarul Financiar. It is a short list, yet not final...
The European Commission concluded that Romania failed to comply with the national medium-term fiscal-structural plan agreed upon by both sides on November 21, 2024, and initiated the process that may lead to disciplinary measures such as the suspension of funds under the Cohesion and Resilience Facility on July 8. Technically, Romania must come...
The Romanian Parliament adopted on Wednesday, June 4, the "Romania Without Violence" law, a significant legislative step aimed at curbing acts of aggression and improving protections for victims. The new legislation amends and supplements several normative acts, most notably doubling the minimum penalties in the Penal Code for assault and other violent offenses. Alongside harsher […]
Indie American films, canoe and kayak rides, and the march celebrating the LGBTQIA+ community are among the events happening in Bucharest. Jazz takes center stage in Cluj, while very short films are screened in Timișoara as part...
The Day of Timișoara, a celebration of the city in western Romania, will see performances from Mika and James Bay, among other artists. From alternative pop and British rock to jazz, electronic music and community experiences, The Day of Timișoara brings together in 2025 the top events of the Timișoara music scene, including Timișoara Jazz […]
