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.
President Klaus Iohannis is to hold consultations with the parliamentary parties on nominating a candidate for the prime minister job on Sunday, December 22, the Presidential Administration announced. The president, whose mandate has been extended after the
Step into 2025 with music, excitement, and unforgettable performances! New Year’s Eve at JW Marriott Bucharest Grand Hotel is not just a celebration – it’s a grand spectacle where world-class entertainment, live music, and vibrant energy come together for a night to remember. This year, we’ve curated a sensational lineup of artists and performers to […]
The Bucharest Police recently announced that the city will host several commemorative ceremonies marking 35 years since the Romanian Revolution of December 1989, causing traffic restrictions around the city. The restrictions will be in place from Friday to Sunday, December 20-22, 2024. On Friday, December 20, at around 10:00 AM, a religious/military ceremony with wreath-laying […]
Alex Florența, the General Prosecutor of Romania, said on Friday, December 20, that harsher punishments are needed to combat incitement to violence and Legionnaire propaganda (related to Mișcarea Legionară, a Romanian interwar fascist movement) in public spaces effectively. To that end, the office of the General Prosecutor will propose new measures to combat such phenomena. However, […]
Dennis Lloyd, Inna, Damian & Brothers, and Killa Fonic are among the artists who will perform at Flight Festival 2025. The festival is scheduled to take place between June 20 and June 22 at Timișoara’s Banat Village Museum. For three days, the venue “will open its doors for an experience that combines music, nature, and […]
Around 67% of Romanians believe that the economic situation will worsen, 7% higher than the previous year, according to the EY Consumer Index Romania 2024. Findings suggest a challenging start of 2025 both economically and politically in Romania. Additionally, in 2024, more than half of respondents (59%) were extremely concerned about conflicts and external wars. […]
