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The politicians’ reaction to Dacian Ciolos and the ministers’ intention to continue their governance. PSD: They lied. PNL and USR applaud Premier’s announcement

October 17, 2016

“One by one, the ministers of the Ciolos Government are leaving the Government and preparing to join PNL or USR. Ciolos himself announced last evening a “civilian” platform sown using yellow thread from PNL and President Iohannis’s needle,” Liviu Dragnea said, attacking the technocrats’ intention to continue their political activity after the December 11 elections […]

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Romanian man sentenced to 20 years in prison in US for ransomware attacks

Daniel Christian Hulea, a Romanian man accused of contributing to the NetWalker ransomware attacks, has been sentenced to 20 years in prison after pleading guilty to conspiracy to commit computer fraud and wire fraud, according to a public announcement from the US Department of Justice.  NetWalker was a Ransomware-as-a-Service operation launched in 2019, which recruited […]

New Romanian government issues ambitious governance program focused on reducing expenses

The new Romanian government, headed by the same Social Democratic prime minister, Marcel Ciolacu, recently made its governance program public. Among its objectives are reducing the level of bureaucracy, maintaining the flat tax rate, and reducing the budget deficit to 7% in 2025. To reach its goals, the government reduced the number of ministries to […]

EC disburses EUR 37 mln to Romania as part of its second Recovery Facility payment request 

The European Commission (EC) announced on Monday, December 23, that it disbursed payments under the Recovery and Resilience Facility (RRF) to Czechia, Germany, Italy, Portugal, and Romania, totaling EUR 26.8 billion in loans and grants. Under this latest disbursement, Romania received EUR 37.05 million as part of its second payment request. By comparison, according to the...

Romanian trilogy Moromeții screened at Rotterdam International Film Festival 2025

Romanian film trilogy Moromeții, directed by Stere Gulea, will be presented at the 54th edition of the Rotterdam International Film Festival, taking place from January 30 to February 9, 2025. This renowned European event, which annually presents hundreds of films across more than 20 sections, will feature the three films - Moromeții (1987), Moromeții 2 […]

Romania issued EUR 1.3 bln in state aid between 2019-2023, most to foreign companies

Romania issued state aid worth EUR 1.3 billion during 2019-2023, with 62% of the projects being granted to foreign companies, according to an analysis conducted by EY Romania. The sectors that benefited the most from aid were the automotive industry, technology, manufacturing (light industry), medical industry, and the food and beverage industry. According to the […]

Abracadabra – Secrets of Magic interactive exhibition opens in Bucharest

The Abracadabra – Secrets of Magic interactive exhibition will transform Arcub – Hanul Gabroveni in Bucharest into a magical universe starting December 27, 2024. Running until May 4, 2025, the event offers visitors the opportunity to explore a labyrinth of magic, featuring over 20 interactive attractions and more than 500 live performances by MAGITOT and […]