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Economic growth surpasses all national and European estimates + Romania’s GDP growth rhythm two-times higher than EU28 average and 2.5-times higher than EU19 average

May 16, 2016

With a GDP growth of 4.2 percent in the Q1 this year compared to the same period last year, Romania registered the highest year-on-year economic growth rhythm among the 28 member states of the European Union, according to Eurostat. GDP grew by 4.3 percent year-on-year as a gross series in the first three months of […]

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Romania, the New ‘Physical Paradise’ in Europe for Entrepreneurs and Retirees Alike

If you’re searching for a hidden gem in Europe, Romania is calling your name. Tucked between the Carpathian Mountains and the Black Sea, this country is an untouched marvel, combining natural beauty, rich history, and endless opportunities for entrepreneurs and retirees alike. Romania offers a unique blend of modern life and ancient charm, making it […]

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Romanian museum dedicated to forced collectivization under communism adds new wing with EU funds

The Museum of Collectivization, the first in Romania dedicated to the forced collectivization period of the communist era, is set to open a new wing, Corp B, funded through the EU-backed National Recovery and Resilience Plan (PNRR) and co-financed by the National Cultural Fund Administration (AFCN). With the new building, the museum located in Tămășeni, […]

Romania’s Madrigal choir to tour in Luxemburg, Belgium

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Romanian Ministry of Culture takes EUR 140 mln loan to preserve historical monuments, buildings

The European Development Bank approved a EUR 140 million loan for Romania’s “Cultural Foundations” project, aimed at preserving historical monuments and constructing cultural buildings in the country. The project targets 14 investment objectives of national and European relevance, administered by public institutions under the Ministry of Culture, including the Romanian Athenaeum, the Romanian National Operas […]