The defence ministers from the states member of the Bucharest Format [or Bucharest Nine or B9] will meet in Bucharest in September, according to a decision approved on Wednesday by the Government."There are 55 participants invited to the meeting, dignitaries from the member states, plus ambassadors and defense attaches accredited to Bucharest from the same states, and officials representing national defence authorities, totaling around 100 persons," reads a press release by the Executive.The B9 meetings take place periodically at head of state, foreign affairs and defence minister level as "opportunities for harmonisation" of the national standpoints of the members states on items included with the agenda of the NATO summits and meetings."Launched at the initiative of Romania and Poland in 2015, the Bucharest 9 (B0) format offers a platform for strengthening dialogue and cooperation between Allies on the Eastern Flank of NATO: Bulgaria, the Czech Republic, Estonia, Latvia, Lithuania, Poland, Romania, the Slovak Republic and Hungary, with a view to shaping the specific contribution of these states to the ongoing processes at the level of the North Atlantic Alliance, based on their experience and expertise and on their common security interests," mentioned the same source.
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
