The government will approve the granting of a monthly allowance similar to the one paid during the pandemic period, respectively 75 pct of the basic salary, for the employees of the companies where the activity is ceased, Prime Minister Nicolae Ciuca said on Wednesday, at the beginning of the Cabinet meeting."Given the impact of the current crisis and, in particular, the current crisis of electricity and gas prices, as well as that of the effects generated by the war in Ukraine, we will adopt a piece of legislation by which we will continue to protect the economy and jobs. And thus, for the companies where the activity is ceased, we will ensure a monthly allowance similar to the one paid during the pandemic, respectively 75 pct of the basic salary," Ciuca said.The draft announced by the prime minister aims to establish social protection measures for the employees affected in the context of the current crisis in Ukraine, the Russian Federation and Belarus.The 75 pct allowance will be granted to the employees who have the individual employment contracts temporarily suspended from the employers' initiative, from the date of entry into force of the emergency ordinance and until 31 December 2022.
The National Bank of Romania (BNR) ended 2024 with a profit of roughly RON 3.8 billion (EUR 760 million), a 58% increase compared to the previous year, despite the operations it performed to maintain the national currency's stability. The figures, published in a report on Monday, June 23, show that operating costs for 2024 were […]
Over half of Romanians trust the United States and the United Kingdom, according to the Informat.ro - INSCOP Research Barometer conducted between May 26–30, 2025. Only 11% trust Russia, with higher levels of trust from among far-right voters of the Alliance for the Union of Romanians (AUR) party. The United States is trusted by 52.8% […]
Prahova County launched construction on a major cycling infrastructure project aimed at connecting local vineyard towns and promoting green mobility and sustainable tourism. The initiative, titled “Establishment of Bicycle Lanes on Bachus’s Route,” represents an investment of over RON 25 million, with RON 21 million coming from non-reimbursable funds provided by the Environmental Fund Administration. […]
Forvis Mazars, the international audit, tax and advisory services partnership, is pleased to announce the launch of its International German-Romanian Desk, an initiative aimed at addressing the demand for integrated cross-border tax and legal support between Germany and Romania. The Desk combines a highly qualified German team of lawyers with an interdisciplinary Romanian team of […]
Last week, the BBC reported that Romanian authorities have launched an investigation into Tristan Tate, brother of controversial internet personality Andrew Tate, over allegations he broke election laws by posting political content on social media during the recent presidential elections. The investigation, opened by the Ilfov county police according to the British newspaper's sources, is […]
Bucharest is facing growing environmental challenges, with traffic-related air pollution, shrinking green spaces, and worsening climate impacts threatening the health and well-being of its residents, according to the latest “State of the Environment in Bucharest” report released by the Bucharest Community Foundation through the Environmental Platform for Bucharest. For example, air pollution has already reached […]
