Romania's general government budget deficit (ESA terms) would reach 7.4% of GDP this week and 6.3% in 2026, even with only the first fiscal consolidation package legislated in July, international rating agency Fitch commented on August 15 when it affirmed Romania's fragile BBB-/negative sovereign outlook on an overly optimistic note. The government is preparing further […]
Established in May 2024, coinciding with the 20th anniversary of City Grill Group, the City Grill Foundation strengthens its mission to support projects with a real impact on the community through partnerships with organizations recognized for their achievements in education and social inclusion. The most recent collaborations with the Royal Margareta of Romania Foundation and […]
Romania's foreign minister Oana Țoiu said on Sunday, August 17, that president Nicușor Dan is expected to visit the United States and meet with president Donald Trump in the first quarter of 2026. Speaking on TVR Info, Țoiu said preparations for the visit are already underway, with her upcoming trip to Chicago on September 20 […]
President Nicusor Dan signed on Thursday the decree appointing Prime Minister Ilie Bolojan as interim Vice Prime Minister on the areas coordinated by Dragos Anastasiu, the Presidential Administration informed.On 27 July, Dragos Anastasiu announced he was stepping down from the vice prime minister office, mentioning that he could no longer accept "being denigrated and thus […]
Prime Minister Ilie Bolojan continued consultations on Thursday with representatives of the Association of Communes of Romania, telling them there is a strong chance to overcome the current difficult period if the approach of "responsibility toward public funds" is maintained."The reform of local public administration will be part of the second package of government measures […]
Financing the National Recovery and Resilience Plan (PNRR) projects will continue for those already initiated and will stop only in case investment has not begun, where not a single euro was spent for construction, Development minister Cseke Attila explained on Thursday. “PNRR will not stop, neither will financing investments which have already been initiated, […]
