The gross domestic product per capita will reach, for the first time, 20,000 euros this year and the investment expenses are 120 billion RON, respectively 7% of the GDP, the Minister of Finance, Marcel Bolos says."This year, in which we are recording a first, namely that the GDP per capita will reach 20,000 euros, the expenditure for investments is approximately 120 billion RON, over 7% of the GDP. At this moment, one of the main objectives is to strike a balance at the macroeconomic level and focus on the co-financing of European projects. For 2024, we forecast to attract more than 10 billion euros, but also to achieve a correlation of the investment programs for the development of local communities with the financing programs from European money", the minister of finance wrote on Facebook.According to the minister of finance, an important component on which the national budget is focused is the improvement of living conditions through the Anghel Saligny program, where the budget increases from 1.9 billion RON in 2023 to 4.6 billion RON in 2024, for 2,250 km modernization of roads, 150,000 individual connections to water and sewage and 8,397 individual connections to the natural gas network.
If you’re searching for a hidden gem in Europe, Romania is calling your name. Tucked between the Carpathian Mountains and the Black Sea, this country is an untouched marvel, combining natural beauty, rich history, and endless opportunities for entrepreneurs and retirees alike. Romania offers a unique blend of modern life and ancient charm, making it […]
Let’s talk about the lack of connection with our body and how this is closely tied to burnout, plus, what to do about it. So often throughout the day, we live almost entirely in our minds. We’re focused either on what we have to do at the moment—tasks that increasingly demand mental effort over physical […]
Six men and one woman from Romania have been accused of recruiting dozens of children and adults from foster care centers, whom they then transported to Hungary, where they turned them into slaves, forcing them to work under inhumane conditions. The accused are from the localities of Ozun and Chilieni, Covasna County, Romania, and allegedly […]
The Museum of Collectivization, the first in Romania dedicated to the forced collectivization period of the communist era, is set to open a new wing, Corp B, funded through the EU-backed National Recovery and Resilience Plan (PNRR) and co-financed by the National Cultural Fund Administration (AFCN). With the new building, the museum located in Tămășeni, […]
Romania’s “Madrigal – Marin Constantin” National Chamber Choir, conducted by Anna Ungureanu, will be in Luxembourg and Belgium, as part of the “Bridges Across Europe/Punți peste Europa” European tour, where it will perform five extraordinary concerts. The performances will take place between November 20 and 25, with the help of the Ministry of Culture, the Romanian Embassy […]
The European Development Bank approved a EUR 140 million loan for Romania’s “Cultural Foundations” project, aimed at preserving historical monuments and constructing cultural buildings in the country. The project targets 14 investment objectives of national and European relevance, administered by public institutions under the Ministry of Culture, including the Romanian Athenaeum, the Romanian National Operas […]
