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Decision makers from economic and financial environment analyse Brexit’s impact on Romania’s economy

June 27, 2016

The effects of the British vote to leave the European Union are manageable for Romania, the Ministry of Public Finance asserted in a release to Agerpres on Friday; foreign currency reserves are available, and international borrowing can be postponed until markets stabilize.   Finance Ministry reassures on manageable Brexit effect   “The Ministry of Public […]

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Western Romania: Medieval fortress of Orăștie reopens after years of restoration works

The medieval fortress of Orăștie, in western Romania, was reopened on Monday, August 18, to the general public, after several years in which it underwent a process of conservation and restoration. The fortress, located in Hunedoara County, is now part of the local tourist attractions in the Mureș Valley. “We are inaugurating an important project […]

Romania’s famous Babele cabin in the Bucegi Mountains put up for sale

The famous Babele Cabin, located at an altitude of 2,206 meters on the Bucegi plateau near the Sphinx and Babele formations, was put up for sale for EUR 1.6 million.  Built in 1970, the building is in an advanced state of degradation and requires renovation. It has a total of 20 rooms and over 1,760 […]

Bucharest’s Titan Park hosts open-air cinema festival

One of Bucharest’s most popular summer events is back as Cinema în Aer Liber kicks off its 2025 edition on the Insula Artelor in Titan Park. Running from August 19 to September 14, the festival will transform the island into an open-air movie theater, offering audiences four weeks of free evening screenings. This year’s lineup […]

Maria Dănilă becomes the first Romanian woman to climb K2 peak

Maria Dănilă, from Constanta, is the first woman in Romania to climb the K2 peak, in the Karakoram mountain range on the border between China and Pakistan. With this climb, she completed the list of the highest peaks in the world, according to Protv.ro.  K2 is not only the second-highest peak...

Romania Education Alliance study: Over 65% of students in the private system, admitted to elite international universities

More than 65% of 12th grade graduates from private schools with a dual curriculum in Romania (Class of 2024–2025) have been admitted to prestigious international universities in Europe, the United Kingdom and the United States, according to a study conducted by the Romania Education Alliance (REA) – the first national network bringing together high-performing private […]

Romania to establish Cybersecurity Incident Response Center in Energy

Romania’s Ministry of Energy published on Monday, August 18, an ordinance designed to establish a Cybersecurity Incident Response Center in Energy. The new center will prepare the country’s energy sector to face expected and complex cyber threats, according to its initiators. The authors of the project say that the liberalization of the national energy market, […]