The Government approved on Friday the allocation of 110 million lei for the settlement of expenses in May and June related to accommodation and food for Ukrainian refugees, Government Spokesman Mihai Constantin announced."The Government allocated today the amount of 110 million lei for the settlement of accommodation and food expenses for Ukrainian refugees. This amount will cover the settlement of expenses for May and June of this year, and the money comes from the budget reserve fund available to the Government," Constantin said after the Government meeting.Asked about the payment of expenses for Ukrainian refugees, Mihai Constantin said: "It is a concern and a firm and constant commitment to support refugees from Ukraine."Asked how these people who are waiting for money from the Government live, Mihai Constantin said, "I believe that Ukrainian refugees, who unfortunately chose to leave their homes, live in Romania better than they would at home, in a country invaded militarily by an aggressive foreign force.""Our commitments to support refugees remain high and I think we have also seen on a social level much, much evidence of support. I would also like to remind you that refugees, precisely in order to - if I may make a comment now - compensate for homesickness, are helped to integrate into the labour market in our country and to adapt as best they can, temporarily, to the condition they now find themselves in, that of a refugee as there is a war in their own country (...)," added the Government spokesman.
This article series tells the stories of the 15 finalists selected in the BVB Arena program. BVB Arena is the flagship program of the Bucharest Stock Exchange, dedicated to developing and promoting the Romanian entrepreneurial environment. The program’s goal is to select and promote Romanian companies that have the greatest growth potential and high chances […]
Salt Bank, the first 100% digital Romanian bank built entirely from scratch, has been named by Celent as the 2025 Model Bank for Digital Bank Launch. Celent is one of the world’s most prestigious research and advisory firms focused on technology for financial institutions. By receiving the title of "2025 Model Bank for Digital Bank […]
The 8th edition of the national educational program “Healthy Lifestyle, Diverse Nutrition and an Eco-Responsible Attitude” under the motto “Good for Taste, Good for Health, Good for the Planet!” has concluded. The program was organized by the Taste Celebration Association and funded by the Auchan Foundation with 100,000 euros. The program aims to convey to […]
Romania's budget deficit, meaning the gap between revenues and expenditures, reached 3.39% of GDP after the first five months of the year, while the new government grapples with balancing initiatives. The deficit increased compared to the first four months, when it stood at 2.95% of GDP, and remained roughly stable compared to the first five […]
eLog, a Balkan-based provider of reusable transport packaging systems for the retail sector, has entered the Romanian market by leasing 4,000 sqm of warehouse and office space at CTPark Bucharest North. The facility, developed by CTP, will serve as eLog’s first operational hub in Romania, supporting its expansion into local retail logistics. Specializing in Retail […]
More than three-quarters of Romanians (76%) see Artificial Intelligence as an opportunity for the economy and society, although half of them also acknowledge its risks, according to a new RoCoach and Novel Research study. Overall, over one-third of respondents (35.7%) believe that AI will primarily lead to job losses, even if new types of roles […]
