The price for a gram of gold rose on Monday by 6.9502 RON (2.34%), reaching 303.8212 RON, from 296.8710 RON, as announced on Wednesday by the National Bank of Romania (BNR), once again recording a record value.The national currency appreciated on Monday in relation to the euro, which was calculated by the National Bank of Romania (BNR) at 4.9678 RON, down by 0.48 bani (-0.10%) compared to the previous quotation of 4,9726 RON.Compared to the dollar, the value of the RON decreased, the American currency being quoted at 4.5710 RON, up by 3.97 bani (0.88%), compared to the previous meeting, when it stood at 4.5313 RON.The national currency also depreciated against the Swiss franc, calculated by the BNR at 5.2353 RON, up by 7.19 bani (1.39%), compared to the previous quote of 5.1634 RON.
The Romanian Film Festival in Washington, D.C will line up for this year’s edition six feature films and documentaries, each accompanied by introductions, post-screening discussions, and Q&A sessions. The event, organized by the Embassy of Romania to the United States and the Romanian Cultural Institute in New York, will take place from November 13 to […]
A total of 58% of the Romanian respondents to a recent Eurobarometer survey believe the war in Ukraine is one of the main challenges the EU is facing. This is higher than the EU average of 47% of respondents who share this belief. The cost of living worries 31% of the Romanian respondents, which is […]
Romania has been elected as a full member of the UNESCO Executive Board for the 2025–2029 term, the first such appointment in 14 years. Romanian officials noted that the country will work closely with other member states to promote dialogue, knowledge, and international cooperation, in the spirit of UNESCO’s principles and the objectives aimed at […]
The Government of Romania may draft several separate ordinances to legislate the fiscal measures initially included in a law, part of the second package of budgetary reforms, partly rejected by the Constitutional Court. The provisions put forth by the ruling coalition in a single law initially include critical measures, such as the "tax on [foreign] […]
The Constitutional Court of Romania (CCR) published its detailed ruling (motivation) on the magistrates’ pensions law on November 7. This should trigger the Government’s procedures for re-launching the law, according to statements by Prime Minister Ilie Bolojan and Social Democrat leader Sorin Grindeanu, who argue for different strategies. While PM Bolojan wants the same bill […]
Romania’s state-controlled electricity distribution and supply company Electrica (BVB: EL) has submitted a non-binding offer for the acquisition of Distribuție Energie Oltenia (DEO), the electricity distribution company controlled by the Macquarie investment fund, according to
