PDL claims that Ponta and USL are provoking the chief of state, seeking pretexts to suspend him. Ponta explained that the agenda of the European Council includes topics that pertain to the activity of the Executive, so he believes that Romania should be represented by its prime minister. According to the premier, the Constitution does not stipulate [...]
The Central and Eastern European EU members (EU-CEE) have undergone an impressive process of economic catch-up since the early 2000s, but the previously successful model of taking over labour-intensive production steps as an ‘extended workbench’ for Western companies is increasingly nearing its limits and the countries need a new industrial policy worthy of the name […]
The Romanian subsidiary of the digital e-commerce platform Packeta group, Packeta Romania, announced a new partnership with the office and stationery store chain Diverta, through which it added 17 new pick-up points to its national network. The new pick-up points in the Diverta network will facilitate the process of picking up orders, contributing to increasing […]
Romania's prime minister Marcel Ciolacu, on September 24, met representatives of OMV Petrom, whom he assured of the government's support for the Neptun Deep offshore project that was finally launched after years of hesitations and expects to see the first drillings by the end of the year. The project faces hurdles from environmental groups concerned […]
The turnover of two major food delivery platforms (Glovo and Bringo) decreased after stellar expansion during the pandemic period, while a third one (Tazz) posted a 19% growth rate consistent with the growth rates seen in traditional industries, according to Ziarul Financiar compiling public data. Beyond...
Romania's twin fiscal and current account deficits will narrow in 2025 in line with softer pressures posed from both the public and private, under the baseline scenario drafted by CEC Bank's Head of Asset and Liability Management Ionut Lianu quoted by
Romania sticks with its plans to deliver the fiscal consolidation strategy to the European Commission by October 15, and the strategy encompasses a seven-year transition before reaching the 3%-of-GDP gap, finance minister Marcel Bolos confirmed in a conference, quoted by
