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Outgoing PM Ciolos makes review of his Cabinet: Volatile support in Parliament, which made decision-taking difficult

January 4, 2017

Outgoing Prime Minister Dacian Ciolos made on Wednesday the review of his Cabinet, specifying that this government has been “an exceptional formula”, that benefited from a relatively volatile political support in Parliament, which made decision-taking somewhat difficult. “This Government (…) emerged in an extraordinary social and political context, after street movements, after the resignation of […]

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Interest for Romanian retail bonds rises but shifts towards foreign currency

The Romanian retail investors placed RON 537 million in local currency and EUR 223 million (over RON 1.1 billion) in euros under the June 2025 issue of the Government’s bond scheme Fidelis, resulting in a total of approximately RON 1.65 billion, according to data aggregated by Ziarul Financiar.  ...

Draft bill in Romania aims to set minimum age for social media at 16

A new draft law in the Romanian Senate seeks to set 16 as the minimum threshold to have a social media account. Access for children below that age will be allowed only with parental consent and a rigorous security filter.  The initiative aims to curtail the time that children spend online and the harmful influences […]

Romania’s Orchid to install 276 MW of wind turbines in Romania and Austria

Orchid, a Romanian company based in Constanța controlled by the Romanian-Swedish family Muntmark, has secured contracts to install wind turbines with a combined capacity of 276 MW in Romania and Austria, Economica reported on June 16. ...

Romanian optical retailer Lensa attracts new strategic and financial investors

Romanian eyewear retailer Lensa has announced new shareholders, including international group OH Holding Limited and ATM Ventures, part of the Autonom group, Ziarul Financiar and

Romanian entrepreneur to build EUR 5 mln air filters factory with EU funds

The Romanian air filter and protective mask manufacturer Filtre Aer Curat (Eversted brand), owned by the Ene family in Prahova county,  has won a EUR 3 million European grant to develop a new EUR 5 million factory, according to Ziarul Financiar.  The production unit is expected to be ready...

ING Romania warns fiscal consolidation will weigh on fragile growth and inflation outlook

The planned fiscal consolidation measures in Romania are likely to weigh heavily on already sub-optimal economic growth, ING Bank Romania economists Valentin Tătaru and Ștefan Posea warned in an analysis cited by CursDeGuvernare...