Adrian Caciu, the minister of public finances, announced on Facebook, on Tuesday, that the draft budget for 2022 was being built and criticized the former liberal government. “We must recover many delays and things not carried out in time, and we are working on finding solutions,” Caciu said, pointing out that the government would not introduce new taxes to bring money to the budget. “I am the adept of fiscal-budget responsibility; we will keep budget deficit under control,” the minister added. The minister also said that “we will not grow taxes and will not introduce new taxes to bring money to budget.”“I am adept of fiscal-budget responsibility – we will keep budget deficit under control. We continue the fiscal policy to stimulate economy, we encourage investments, we lay accent on higher productivity and we support a national program “Buy Romanian!”. We will initiate consultations with business representatives and those of the chambers of trade in Romania, a necessary dialogue in the perspective of financing Romanian will benefit from through the National Plan of Recovery and Resilience. Next to colleagues from Finance there is much to be done, but we are motivated, we have a good plan and tight deadlines,” he said.
Environmental non-governmental organization WWF-Romania (World Wide Fund for Nature) recently warned that the Danube Delta could lose 2,500 hectares to intensive agriculture. The warning was issued on February 2, World Wetlands Day, and concerns the Carasuhat area in the Danube Delta. This is a region that was partially restored through a European project funded with […]
Far-right and pro-Russian politician Călin Georgescu, who shot from obscurity to the forefront of Romanian politics in the now-canceled presidential elections, called for Romanians to boycott supermarkets on February 10. In his call, Georgescu gave the example of Croatia, where...
The controversial real estate developer Nordis, operating in some of Romania’s prime residential and commercial areas, collected nearly EUR 200 million through a “three-tiered pyramid scheme,” according to prosecutors from the Directorate for Investigating Organized Crime and Terrorism (DIICOT). A large-scale DIICOT operation was underway in the Nordis case on Monday, February 3, with dozens […]
Cristina Caramizaru, expert with over 20 years of experience in executive search and leadership advisory, joins Selion Global Romania as Partner. Launched in Romania in 2024 by Filip Nemteanu and Mihai Bajan, Selion Global Romania is the local branch of an international executive search and leadership consulting firm, dedicated to promoting organizational excellence through tailored […]
Production volumes fall at quickest rate on record (since July 2023) Softer drop in new orders signaled Sharp decrease in purchasing activity supports stock reduction The latest BCR PMI® data showed the decline in the Romanian manufacturing sector deepening. Operating conditions deteriorated to the largest extent across the survey history to-date in January, with the […]
Romanian finance minister Tanczos Barna recently stated that the government will regulate the local cryptocurrency market, forcing all companies to obtain an authorization to operate. Barna admitted that at the moment the state does not know the real size of the cryptocurrency market in Romania. “We will have a real dimension after we require all […]
