Bucharest General Mayor Nicusor Dan has announced that he has signed the commitment to submit a bid to host the UEFA Europa League final in 2026 or 2027.According to him, the timetable is "tight" and the deadline for submitting the candidacy as host city is 15 November."Three other countries are bidding to host the events: Germany, Turkey and Scotland. After UEFA's deliberations, the host cities for the two finals will be announced in May 2024. I am confident that, as with the other sporting events hosted by Bucharest, we will succeed in creating an enjoyable experience for football fans. It would be an honour for Bucharest to host such an event that will improve the image of the city and attract tourists," writes Nicusor Dan on Facebook.He brought to mind that Bucharest had already hosted a Europa League final in 2012, on the National Arena, Romania's biggest stadium inaugurated on 6 September 2011. The Capital also hosted 2020 UEFA European Football Championship, as well as UEFA European Under-21 Championship matches."The Capital City Hall has a protocol in progress with the Romanian Football Federation and UEFA, whereby it undertakes to fulfill the general organisational aspects requested by UEFA, including the start of certain investments to bring certain elements of the National Arena up to date, as well as the draw-up of the mobility plan dedicated to the event and the conclusion of the necessary protocols," Nicusor Dan said.
Romania’s profit share, defined as the proportion of value added distributed by non-financial corporations to capital rather than labour, fell for the second consecutive year to 48.1% in 2024, Eurostat reported on December 7. The ratio was 40.0% on average in the European Union, with below-average ratios in more developed countries such as France (32.2%) […]
The pension law "brutally violates the independence of the judiciary" and "de facto eliminates the service pension for magistrates," according to the reasoning published by the High Court (ICCJ) along with its decision to refer the magistrates' pensions law to the Constitutional Court, Ziarul Financiar reported. ...
The Romanian state, in a document on December 5, expressed its intention to take full control of the National Airports Company of Bucharest (CNAB), which operates Otopeni Airport and Baneasa Airport, where the minority shareholder Fondul Proprietatea has a 20% stake, Ziarul Financiar reported. The...
Romania's Interministerial Committee for Supporting the Implementation of Reform 9 (CNR9), led by deputy prime minister Oana Gheorghiu, has selected 17 state-owned enterprises from a total of about 1,500 to undergo initial screening ahead of potential restructuring or liquidation. The decision marks the first stage of a wider overhaul programme announced by prime minister Ilie […]
The retail sales volume index in Romania recovered for the second consecutive month in October, when it increased by 0.9% m/m after the 1.3% m/m advance in September – but it was far from fully recovering the 4.0% m/m plunge seen in August as an effect of higher VAT rate enforcement amid already negative consumer […]
Romania’s total market production index (TMPI), a composite indicator compiled by Eurostat that combines four short-term business statistics indicators covering most of the market economy, increased by 4.2% y/y in Q3 - the sharpest rise in seven quarters (+0.3% y/y in Q2) and twice the 2.1% average advance in the European Union. The seasonally-adjusted index […]
