The government will allocate 45 million lei from the Reserve Fund to recover accommodation expenses for Romanian citizens who are housing Ukrainian refugees, Prime Minister Nicolae Ciuca announced on Friday."We did not succeed in Wednesday's session to finalize the procedures aimed at regulating the way in which Romanian citizens, individuals, can benefit from the recovery of the amounts they spend on accommodation of Ukrainian citizens. By the government decision today, we have established that, from the Government's Reserve Fund, we will allocate 45 million lei, so that, in the next period, Romanian citizens who are housing Ukrainian citizens will be able to benefit from the recovery of the money spent on accommodation, worth 50 lei per day," Nicolae Ciuca said at the beginning of the Government meeting.He added that the recovery of the amounts spent on food by the Romanian citizens who house Ukrainian refugees is also regulated."In this way we cover the entire package of measures that we have assumed at the level of the Government", said Ciuca.
Almost 68% of Romanians say they would like the level of foreign direct investment in Romania to increase (versus 15% who would like to see fewer foreign investors), according to a poll "on the population's attitude regarding economic patriotism and the vulnerabilities of the democratic regime," conducted by INSCOP at the behest of the Concordia […]
Belgian logistics real estate developer WDP has announced a EUR 52 million investment in expanding its logistics infrastructure in Dragomirești, on the outskirts of Bucharest, as part of a broader EUR 107 million development program also covering Ridderkerk in the Netherlands, according to
Romanian telecommunications group Digi Communications (BVB: DIGI) announced on April 10 that its subsidiary Digi Romania concluded on April 9 a notification regarding an additional credit facility of EUR 200 million to a senior facility agreement dated April 21, 2023, according to a note sent by the group to investors. The facility has a maturity […]
German discount store chain Penny plans to reach a network of 1,000 stores in Romania by 2035, from 417 currently, and earmarked a budget of EUR 3 billion for local development, according to the company's CEO Daniel Gross, quoted by Revista Progresiv. "In our first analysis...
No price hikes are expected in the short term while the prices might decrease in the long term, Romanian finance minister Tanczos Barna told news channel Digi24, commenting on the effects of the tariffs imposed by the...
Romania's rapidly rising public debt remained steady through January, ending the month at RON 964.4 billion (EUR 193.8 billion), or 46.8% of GDP, according to data published by the Finance Ministry. With no FX or Fidelis bond issue to households in the first month of the year, the public debt has remained constant. However, EUR 4 […]
