Minister of Finance Adrian Caciu and World Bank's Country Manager for Romania Anna Akhalkatsi discussed on Tuesday the priority measures of the Ministry of Finance (MF) this year, which aim at fiscal consolidation, macroeconomic stability, the sustainability of the budgetary programming, the green economy and the allocation of resources for the development of the business environment, informs the ministry."I appreciate the World Bank's willingness to support the Government's efforts to achieve the objectives and targets set out in the National Recovery and Resilience Plan and the 2021-2027 Multiannual Financial Framework in order to ensure the premises for the absorption of European non-reimbursable funds," underlined Adrian Caciu, Minister of Finance, in a press release sent on Monday.In her turn, the World Bank's Country Manager expressed the WB's interest in further supporting the authorities in implementing priority projects and reforms for Romania, encouraging further dialogue to identify common areas of intervention and ways to work together.According to the MF statement, the wide range of instruments offered by the World Bank, as well as their specificity, allows access to operations that support the coverage of financial needs, while contributing to the implementation of measures assumed through sectoral reforms.
Romanian director Cristian Mungiu will be part of the jury that will judge the films in the main competition of this year’s Venice Film Festival - Venezia 82. The jury, headed by American director Alexander Payne, includes French director and screenwriter Stéphane Brizé, Italian director and screenwriter Maura Delpero, Iranian director and writer Mohammad Rasoulof, Brazilian actress, writer, and […]
Romania continues to face significant prison overcrowding, according to the Council of Europe’s latest data, released on Friday, July 18. The 2024 Annual Penal Statistics on Prison Populations (SPACE I) show that Romania is among six countries in Europe with severe overcrowding, housing 116 inmates for every 100 available places. The report, which...
Chris Hemsworth returns to Disney+ in August with a new season of the National Geographic documentary series Limitless, this time focused not just on longevity, but on discovering how to live better. Titled Limitless: Live Better Now, the three-part season follows Hemsworth through physical, emotional, and mental challenges across six countries, with one standout episode […]
The Black Sea 200 Regatta 2025, Romania’s first non-stop offshore regatta with a 200 nautical mile route, takes place between July 21 and 27. Now in its first edition, the event brings together more than 10 boats from Romania and Bulgaria, according to the organizers. The endurance course will start and finish in the Romanian […]
The National Environmental Guard has fined an illegally operating zoo in Dâmbovița county, southern Romania, a total of RON 120,000 following a joint inspection that uncovered serious violations, including the lack of environmental authorization and inadequate conditions for wild animals kept in captivity. The zoo was reportedly charging RON 50 per person for entry and […]
The National Cybersecurity Directorate (DNSC) and engineering company Enevo Group have signed a strategic cooperation agreement to strengthen cybersecurity in Romania’s energy sector. The partnership aims to test and develop monitoring and alerting technologies for cyberattacks, and to improve national response coordination to incidents affecting critical infrastructure, the companies said. The agreement focuses on sharing […]
