Minister of National Defence Gabriel Les met on Monday Israeli ambassador in Bucharest, Tamar Samash, on which occasion the former expressed his belief that there is significant potential to enhance cooperation in preparing and training forces, strengthening strategic dialogue and military technical cooperation. According to a press release by the Ministry of National Defence (MApN), […]
Hungarian railway company Train Europe has acquired a 76% stake in Romanian rolling stock manufacturer Petroutilaj-3DRD from French firm Chemins de Fer Départementaux (CFD), Ziarul Financiar reported in April, citing a transaction finalised in January 2025. The acquisition marks a strategic expansion...
In a comment to the Eurostat releasing Romania's public deficit under the ESA methodology at 9.3% of GDP, the Ministry of Finance affirmed its commitment to stick with the 7%-of-GDP deficit target for this year and with the 7-year fiscal consolidation plan agreed with the European Commission under the Excessive deficit procedure. "Romania reaffirms its […]
Romania posted the widest general government budget deficit among the European Union member states, 9.3% of GDP (6.6% in 2023) – nearly three times the EU average (3.2%), according to data published by Eurostat. On the upside, the country's public indebtedness, although rising at a fast pace, remains well below the EU's average. The gap […]
Romania's general government budget deficit, expressed in cash terms, will narrow from 8.6% of GDP in 2024 to 7.8% of GDP this year, versus a 7.0% target that remains untouchable for another two years (2026-2027), according to the updated forecast of the International Monetary Fund (IMF) published along with the latest World Economic Outlook edition […]
Over one million Romanians celebrate their name day on April 23, honoring Saint George (Sfântului Gheorghe in Romanian), one of the most venerated saints in Orthodox Christianity. According to the General Directorate for Persons Records, quoted by Agerpres, the most common male names associated with this celebration include...
The first padel club in western Romania, Padel Center, will host the first padel tournament within the official calendar of the International Padel Federation (FIP) organized in Romania and the Balkans. The FIP SILVER ROMANIA tournament will take place from May 26 to June 1, on the Padel Center courts in Dumbrăvița (6 Praga Street), […]
