Former Directorate for the Investigation of Organized Crime and Terrorism (DIICOT) Director Alina Bica and businessman Dorin Cocos, Elena Udrea’s ex-husband, will be released from jail and will be placed under house arrest, the Supreme Court judges decided on Tuesday. The ruling is final. High Court judges decided a week ago to replace the preventive [...]
President Donald Trump announced on social media that Darryl Nirenberg will be the next US Ambassador to Romania, pending Senate confirmation. Nirenberg, who brings four decades of foreign policy experience, is expected to strengthen the strategic partnership between the two countries and promote American interests abroad. “I am pleased to announce that Darryl Nirenberg will […]
BRIO, a digital testing platform for Romanian students, was the only Romanian company included in a ranking of EdTech companies compiled by Time Magazine, alongside global brands in technology and education such as Duolingo, Kahoot, and Google Education. “The World’s Best EdTech Companies in 2025,” a ranking made by Statista for TIME magazine, evaluated over […]
The Romanian Orthodox Church celebrates Holy Emperors Constantine and Elena Day on May 21. Over 1.7 million Romanian citizens celebrate their name day on this date. According to data from the General Directorate for Population Records, 675,241 men and 1,098,263 women bear the names Constantin, Elena, or their derivatives, News.ro...
Romania’s construction works volume index surged by 12.2% y/y in Q1 – a performance largely owed to low base effects and the seasonally low activity in the first quarter of the year, according to the statistics office INS. The sector is among the few that propped the overall economic growth in Q1, estimated by the […]
The election of Bucharest mayor Nicușor Dan as Romania's next president will likely pave the way for a new government to address the fiscal risks, although challenges remain "substantial," S&P Global Ratings said, quoted by Bloomberg and Economedia.ro. "Markets will want to see how quickly the new government is formed and how credible its fiscal […]
Asked whether the local currency RON (leu) is still overvalued, the governor of the National Bank of Romania (BNR), Mugur Isărescu, said in the press conference on the Quarterly Inflation Report on May 20 that the national currency is "within a range of balance." The mid-day exchange rate announced by BNR on May 20 marked […]
