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.
Classix Festival has unveiled the full concert schedule for its sixth edition. Organized by the Creative Industries Association and Showberry, the event will take place in Iași from February 23 to March 2, and tickets are already available on the official website. The 2025 edition will feature nine concerts over eight days in some of […]
Bucharest mayor Nicuşor Dan said that the city will impose a fine of EUR 350 million if the vegetation across the entire surface of the restituted area of IOR Park is cleared. So far, Bucharest City Hall has issued a fine of EUR 35 million for the deforestation of one hectare of land. The fine […]
Bucharest will be among the European cities with the highest increase in heat-related death rates by 2099, according to a pan-European study published by Nature. The study involving numerous researchers from institutes across Europe modeled the effects of global warming on the densely populated cities of the continent. They estimated the effects in terms of […]
The members of the Brewers of Romania Association elected Mihai Voicu, General Manager of Bergenbier SA, part of the Molson Coors Beverage Company group, as president. He took over this position on January 1, 2025, from Michal Mrowiec, president of URSUS Breweries, who has held the role since January 1, 2024. “I am delighted to […]
Cluj-Napoca and Sibiu topped the rankings of the T.R.A.I. index by Storia in 2024, the first with the highest total score based on objective indicators such as traffic, landmarks, air quality, and property prices, while the second had the best score when considering 13 subjective criteria rated by the city's residents. The T.R.A.I. index integrates […]
Bucharest mayor Nicușor Dan announced that he would submit a series of proposals to the government and political party leaders aimed at amending legislation concerning the allocation of funds between the General City Hall and the district mayors of the capital. The proposals were drafted by the experts of the Bucharest City Hall following the […]
