The Cabinet will adopt today the budget draft law and will send the document in Parliament on Thursday. According to the draft budget for 2013 made public by the Ministry of Finance, the most significant funding increases compared to 2012 are in the Health and Transportation sectors, by 80 pc and 40 pc respectively. At the [...]
Several tens of thousands of people, according to AUR estimates as many as 100,000, participated on January 12 in a rally in Bucharest organized by the nationalist party Alliance for the Union of Romanians (AUR) against the annulment of the result of the first round of the presidential elections. It was the second rally after […]
Bucharest is one of the best cities for artificial intelligence startups, according to the Global Startup Ecosystem Index 2024 report by StartupBlink, quoted by Economedia.ro. However, only one Romanian startup, unicorn UiPath, seems to lead the country's capital city to this top. Romania has entered...
Former Romanian journalist Radu Budeanu, currently owner of the Titluri Quality, which includes the Cancan tabloid, the Gândul, general daily, and the ProSport sports daily, has purchased major local news agency Mediafax and its media products: the website, photo agency, and news feed. The transaction was agreed on January 8, 2025, according to Mediafax. ...
Romania’s imports of goods advanced by 2.8% y/y to EUR 126 billion in 12 months to November, driven by robust domestic demand for consumption and investments, while the exports contracted by 1.5% y/y to EUR 92 billion in the same 12-month period, according to data published by the statistics office INS. The trade deficit in […]
The retail sales volume increased by 8.6% y/y in November and 7.9% y/y in the 12 months to November 2024, according to data published by the statistics office INS. Although the figures are broadly in line with the overall macro landscape (robust growth of households' income, imports rising faster than exports), there is an unusual […]
January 10, 2025 WASHINGTON – Today, Secretary of Homeland Security Alejandro N. Mayorkas, in consultation with Secretary of State Antony J. Blinken, designated Romania as a participating country in the Visa Waiver Program (VWP). The collaboration and information sharing at the core of the VWP will significantly enhance the security interests of the United […]
