The situation in the construction sector can be considered an important indicator of the general economic state of the country, and the National Bank of Romania (BNR) is interested in drawing up in-depth economic studies and analyzes about the developments in this field, the governor of the National Bank of Romania, Mugur Isarescu said on Wednesday."The field of construction, as a whole, now represents in Romania a major component of economic growth. Therefore, the situation in this sector can be considered an important indicator of the general economic state of the country. Today we are opening a dialogue platform with the representatives of this system. We are interested in drawing up in-depth economic studies and analyzes about the developments in this field. The partnership that we concluded with the Construction Designer Employers' Association can be integrated, moreover, into already established programs of the BNR, dedicated to the business environment, such as EconomicHub, which started in 2019. The central bank's initiative to contribute to the growth of entrepreneurial education at the national level, by starting in 2023 the Top Entrepreneurship project together with the Romanian Association of Banks, the Association of Financial Companies in Romania, the Romanian Fintech Association, the Bucharest Stock Exchange, the Romanian Banking Institute, the National Loan Guarantee Fund for SMEs, the Chamber of Commerce and Industry and representatives of the academic environment", Mugur Isarescu told the conference with the theme "Development - from planning for stability and durability", organized by the National Bank of Romania and Construction Designer Employers' Association.He mentioned that such collaborations are common for the National Bank, an institution that has openly assumed an important role in the economic debate.
Participation in cultural education activities continues to be limited, with the main barriers being difficult access, insufficient knowledge, and cost, the recently released Cultural Consumption Barometer 2024 shows. The report showed that many Romanians still associate culture with entertainment rather than with personal development or furthering their knowledge. The need for relaxation dominates in cultural […]
Roughly 84% of Romanians say that the pace of the state’s digitalization is slow or very slow, according to an Edge Institute & AtlasIntel study presented at the Digital Governance Summit 2025, which took place on Tuesday, November 25, at the presidential palace in Bucharest. The survey aims to capture the way citizens relate to […]
Romania’s Superior Council of Magistracy (CSM) issued a negative opinion on the new bill regarding magistrates’ pensions. The move is only the latest development concerning a heated issue that led to tensions between the executive and the judiciary branch. CSM’s opinion is consultative, and the government led by Ilie Bolojan can still take responsibility for […]
Romania took the presidency of the Central European Initiative (or CEI) on Wednesday, November 26, according to a press release from the Ministry of Foreign Affairs (MAE). The organization is a regional intergovernmental forum established in 1989, following the fall of the Berlin Wall. It gathers 17 Member States in Central, Eastern, and South-Eastern Europe […]
Trade between Romania and Poland continues to grow, with annual bilateral exchanges in goods now valued at more than EUR 12 billion, according to figures presented by the Polish-Romanian Bilateral Chamber of Commerce and Industry (PRBCC). The data was released during a reception in Bucharest marking Poland’s Independence Day and Romania’s National Day. Polish investments […]
As Romania moves closer to implementing the EU Pay Transparency Directive, local employers are preparing for one of the most consequential shifts in workplace regulation in over a decade. The directive, set for transposition by June 2026, introduces strict new rules on salary disclosure, pay reporting, and equal-pay verification, aiming to close persistent gender gaps […]
