Acting President Ilie Bolojan received, on Monday, at the Cotroceni Palace, a delegation from the National Council of Small and Medium-sized Private Enterprises (CNIPMMR)/SME Romania. According to a press release from the Presidential Administration, the discussions focused on the main challenges and opportunities for the business milieu in Romania, with an emphasis on measures that can support the development and efficiency of SME activity. Among the topics addressed were the reform of the administration, the economy as a factor of national security, the issue of late payments, as well as the consolidation of economic diplomacy through closer collaboration between the Presidential Administration and the business milieu, the cited source indicates. The CNIPMMR representatives thanked the interim president for his openness to dialogue and for the interest shown in supporting Romanian entrepreneurship.During the meeting, interim president Ilie Bolojan argued that the business milieu is a "motor" of Romania. "To be frank, people who work in the private sector in Romania carry this country on their shoulders through the taxes and duties they pay. The more we make more of those who hold public office aware of this, the better it will be and these people must be respected, and those in the public sector do a good job, but without the private sector we would not justify our existence," Bolojan said at the meeting. Representatives of CNIPMMR/SME Romania reported that small and medium-sized enterprises generate almost 70% of Romania's GDP, and 97% of the private sector workforce is employed in SMEs. "We are the ones who support the Romanian economy both through the taxes and duties we pay and through the activities we carry out, as we are one of the largest employers in Romania," said Florin Duma, president of CNIMMMR.The interim president also met with members of the Romanian business community on Monday. (Photo:https://www.presidency.ro/)
The 2025 edition of the year’s first major film fest in Europe (and one of the biggest worldwide), the Berlin International Film Festival, took place between 13 and 23 February. My notes come with a bit of delay, as I was also hit by the festival flu that got so many of us sniffling and […]
In the absence of current negative influences, Romania’s economy could have an annual growth potential of 3-4%. Political instability and global geopolitical risks are dampening growth. Economic growth in 2024 was driven by wage increases and accelerating consumption, satisfied however largely through imports. Due to a decline in domestic economic competitiveness, net exports contributed negatively […]
The Bucharest Stock Exchange (BVB) announced on Thursday, March 13, the launch of a new financial education section on the BVB Research Hub platform, dedicated to retail investors. The capital market operator said that it started this project out of the need to increase the level of financial education and promote the investment culture. It […]
The Romanian governing coalition's presidential candidate, Crin Antonescu, announced on Thursday, March 13, that he is launching a podcast designed to popularize his candidacy before the May elections. Antonescu, who is backed by the alliance made up of the Liberals (PNL), Social Democrats (PSD), the Democratic Alliance of Hungarians (UDMR), and the minorities, stated that he will […]
Some 4,500 teachers will learn about rights and responsibilities online, accessibility, inclusion, online well-being, and ethics as part of Incubatorul Civic Digital (ICD - The Civic Digital Incubator), a digital citizenship and democratic culture project implemented by Institutul Intercultural Timișoara, Asociația TechSoup and Școala de Valori. The project, which offers free training, is aimed at […]
Mihaela Murariu, Attorney at Law at Grecu Partners Business Law Firm, analyzes the impact of Artificial Intelligence on personal data protection. Artificial intelligence (AI) has become a ubiquitous technology, used in more and more fields, from marketing and healthcare to recruitment and financial services. However, the widespread use of AI raises numerous questions about privacy […]
