Interim President Ilie Bolojan convened the Supreme Council for National Defense (CSAT) on Wednesday, April 30, starting at 2:00 p.m., the Presidential Administration informs. Interim President Ilie Bolojan convened the Supreme National Defense Council (CSAT) on Wednesday, April 30, starting at 2:00 p.m., the Presidential Administration informs. The agenda of the meeting includes Romania’s participation in the European Response Plan – Readiness 2030, the draft law on Romania’s national defense and the National Plan on military mobility. The CSAT meeting will also discuss the draft law on some measures necessary for the implementation of national security projects in the field of hydropower and the national strategic vision in the space field. “The Council meeting will also analyze other current issues in the field of national security,” the Presidential Administration’s press release states. The last meeting of the CSAT took place on March 28, the first meeting of the Council since Ilie Bolojan has been the interim president of Romania. On that occasion, the CSAT decided to continue providing military support to Ukraine. Also, at the meeting there were discussions about strengthening the defense on NATO’s Eastern Flank, and a phased increase in the percentage of GDP allocated to defense spending was agreed upon, the Presidential Administration informs. Romania will buy a new military ship, a light corvette.
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 […]
