The drafts of the state budget law and the state social insurance budget law for the year 2023 will be debated by the select committees as of Monday, and the final vote on the two draft laws will be given on Thursday, the leaders of the two Chambers of the Parliament decided on Friday.The senators and deputies have until Sunday, at 6:00 p.m., to submit amendments to the two draft laws, after which they will be centralized and on Monday, at 11:00 a.m., they will enter the debate of the permanent committees for opinions.Starting from Monday, at 3:00 p.m., and on Tuesday, until the end, the debates will take place with the main credit controllers in the Budget-Finance committees. The reports of these committees will be submitted to the joint Permanent Bureaus of the Senate and the Chamber of Deputies until Wednesday, at 10:00 am.On Wednesday, December 14, from 3:00 p.m., the state budget draft enters the plenary session of the Parliament, the day on which the debates will continue until completion.For the two draft laws, of the state budget and the state social insurance budget for the year 2023, the final vote will be given on Thursday, December 15.
Romanians are worse off now compared to 6 months ago, and 2026 will also be difficult, but from 2027 and then on, there is hope, said president Nicusor Dan during an interview with Romania TV. The government targets a deficit of 8.4% of GDP this year, marginally below 8.65% of GDP in 2024. To tackle […]
Imran Vilcassim, Chief Commercial Officer, Digital Platforms at BPC, explores how Romania’s booming digital payments outpace merchant readiness and why mobile POS is emerging as the practical solution. Romania’s digital payments volumes are rising fast, but merchant infrastructure isn’t keeping up. Independent market models estimate total digital payments will reach nearly
The attributes needed to reach the top of the business hierarchy, how to motivate and support the teams one works with, and how to tackle the unavoidable challenges that arise along the way were among the topics discussed at the event Inspiring Women in Business, organized by La French Tech Bucharest. Making it to a […]
More than half of the elderly people in urban areas in Romania face loneliness, and almost 310,000 of them experience it at a high level, according to a study conducted by the Association Never Alone, Friends of the Elderly, in partnership with Kantar Romania. The study, carried out in August 2025 on a representative sample […]
Square 7, part of retail park investor M Core, officially inaugurated its new Bucharest office last week, marking an important milestone for the company. More than 150 guests joined the event, including partners, collaborators, and team members. M Core is a family of property investment and management companies comprising LCP, Sheet Anchor, Proudreed, and Sheet […]
Real estate developer Hagag Europe Development has expanded its Romanian operations into the energy sector with the acquisition of BTD Distribuție și Furnizare, a local company specializing in natural gas infrastructure, distribution, and supply. The company has opened a new local division - Hagag Energy - and announced plans to invest more than EUR 400 […]
