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.
The number of people in Romania at risk of poverty stood at 3.59 million people in 2024, 375,000 fewer than in 2023, representing a 9.4% decrease, according to data from the National Institute of Statistics, or INS. Despite the improvement, nearly one in five Romanians was affected by poverty last year. According to INS, 19% […]
The European Public Prosecutor’s Office (EPPO) in Cluj-Napoca carried out multiple searches on Tuesday, July 1, at the Sibiu International Airport and the Sibiu County Council as part of an investigation into suspected fraud involving a EUR 54 million EU-funded infrastructure project. A total of 24 locations were searched across Bucharest, Brașov, and Sibiu county, […]
A Romanian taxi driver who scammed 90-year-old Nigerian Nobel Prize laureate Wole Soyinka was detained by police on Sunday, June 29, according to media reports. On Friday, June 27, the venerable Nigerian arrived at Bucharest's Otopeni Airport. He got into a taxi and asked to be taken to a hotel downtown. At the destination, the […]
Costin Șerban, a Romanian entrepreneur, is digitalizing the construction sector in the United Kingdom with an ERP (enterprise resource planning) solution developed over 12 years and an investment of GBP 1.6 million (EUR 1.86 million). Șerban’s cloud-based ERP platform is called Abilo, was developed by the Romanian IT company Obi Systems, and is dedicated to […]
Border checks between Bulgaria and Romania have officially been lifted on July 1, as part of the implementation of the Schengen Agreement. The lifting marks the end of the transitional period of heightened control at the internal border, which had remained in place for six months following their accession to the Schengen area by land […]
Remus Vulpescu became CEO of the Bucharest Stock Exchange (BVB) on Tuesday, July 1, taking over from Adrian Tănase as the stock exchange grapples with a market dominated by government bonds. Vulpescu, 53, is a graduate in political and legal sciences from the University of Bucharest and holder of an EMBA obtained in 2017. He […]
