Romania is a less risky debtor compared to more veteran EU members such as Spain, Italy or Hungary, but the country is still paying higher interest rates on its sovereign debt compared to the first half of 2011, according to a global ranking from British market researcher CMA.
Bucharest is emerging as one of Europe’s most attractive locations for Global Capability Centres (GCCs) as multinational companies seek lower costs and skilled talent amid tight labor markets in Western economies, according to a new study by Savills and CoreNet Global. The Romanian capital ranked 14th among 27 global GCC destinations for office costs, averaging […]
Romania is becoming a digital leader in Central and Eastern Europe, as its internet penetration rate stood at 76.8 percent in 2023, and its cybersecurity market has reached 194.22 million dollars as of this year. Nevertheless, behind these successes, there are difficulties, including increasing risks of cyber threats. Our team has delved into the possibility […]
Art Safari will open a new contemporary art exhibition, Young Blood. The New Wave of Contemporary Artists, at Promenada Mall in Bucharest, running from September 15 to October 10. Curated by Romanian artist Alexandru Rădvan, the exhibition is a manifesto for a fresh generation of talent, aiming to challenge the perception that great artists no […]
Swimmer David Popovici, the winner of this year's world titles in 100-meter freestyle and 200-meter freestyle at the Singapore Championships, will host a Sprint with the Stars event in Otopeni next year. Sprint with the Stars is an event where grassroots...
A vast majority of Romanians believe their country should remain firmly aligned with the West through the European Union, the United States, and NATO, according to a new opinion poll released by INSCOP Research on Tuesday, September 9. The survey found that 78.9% of respondents favor Romania’s political and military orientation towards...
Claudiu Crețu, the CEO of Romanian power company Elcen, which provides hot water to Bucharest, has been indicted by the National Anticorruption Directorate (DNA) and is suspended from his post, sources familiar with the matter told Digi24. Investigators say...
