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.
Druid AI today announced it has secured USD 31 million in Series C financing to advance the global expansion of its enterprise-ready agentic AI platform under the leadership of its new CEO, Joseph Kim. The investment was led by Cipio Partners, with participation from TQ Ventures, Karma Ventures, Smedvig, and Hoxton Ventures. Kim has more […]
Drivers in Bucharest lose, on average, 12 working days annually due to congestion, according to Traffic Index 2025, an analysis carried out by the Institute for Visionary Cities. The index compares how much circulation slows down on working days compared to a free-flow regime, for the 41 county seat municipalities and Bucharest. According to the analysis, […]
Romania’s Senate and Chamber of Deputies held a moment of silence on Monday, September 15, for American conservative activist Charlie Kirk, who was shot dead at a university event on September 10. The marking of Kirk’s death came at the initiative of the far-right party Alliance for the Union of Romanians, or AUR. Both Kirk […]
A mountain shelter is scheduled to open this fall in the Făgăraș Mountains' Curmătura Bratilei area following a EUR 60,000 investment. The shelter, located at an altitude of 2,100 meters, is built by the private ophthalmopediatric hospital Infosan in partnership with the non-profit Carpați Mountain Association and the Brașov Emergency Situations Inspectorate (ISU Brașov). The […]
The official trailer for The Yellow Tie/Cravata Galbenă, a major international production about the life of renowned Romanian conductor Sergiu Celibidache, has been released, with the film set to hit cinemas nationwide on November 14. The cast includes John Malkovich and Miranda Richardson, both double Academy Award nominees, along with Ben Schnetzer, Kate Phillips, Sean […]
The presidential elections held in November 2024 in Romania were influenced by a large-scale hybrid war orchestrated by Russia before they were cancelled, according to general prosecutor Alex Florența. Romania’s presidential election was annulled last December after declassified reports alleged Russian involvement in cyber activities aimed at undermining the integrity...
