To meet the 2025 deficit target of 7% of GDP, Romania has to achieve additional fiscal adjustment of 0.8–1.0% of GDP on top of the 1.85% already envisaged under the first fiscal corrective package, according to a research report by Erste Group.
Delays increase the size of the adjustment, the financial group warns.
Despite the tough challenges posed by the fiscal consolidation amid an adverse political environment, Erste believes that a rating downgrade is unlikely by fall...
Promotional products were twice as present in shopping carts in 2024. Healthier choices: Nearly half of Bringo orders included organic products. Less sugar: +20% increase in sugar-free products in Bringo carts. Bringo, the first rapid online grocery delivery service in Romania using personal shoppers, has analyzed key trends shaping eGroceries consumption...
One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use, and office properties, reports total sales and pre-sales of EUR 227.8 million in 2024, corresponding to the surface of 83,958 sqm of residential and commercial spaces sold and...
As part of their annual Spa Trends Report 2025, online booking site SpaSeekers.com has revealed the top trending spa destinations worldwide based on increases in Google search data. Albania and Romania tie in third place, each with an 83% increase in searches, after Vietnam and Morocco. Known for its beautiful beaches and tropical jungles, Vietnam is […]
American superstar Post Malone will come to Romania for the first time this summer to perform at the anniversary edition of Untold festival in Cluj-Napoca. This year's lineup also includes Becky Hill, Rag’n’bone Man, Martin Garrix, Armin Van Buuren, Fisher, Tiesto, Steve Angello, Hugel, Alok, Don Diablo, Black Coffee, Marco Carola, Dom Dolla, and Adriatique, […]
Romania’s Sibiu County Council said it is investing RON 10.4 million (some EUR 2.1 million) in tourism development across the Cindrel, Lotru, and Făgăraș Mountains. The project has been approved for funding through the Center Region Program 2021-2027. The project includes the rehabilitation, modernization, and equipping of the Salvamont Base at Bâlea Lake, the construction […]
The public in Bucharest has several options for concerts and exhibitions, while those in Timișoara can attend a retrospective of mountaineering films and more. In Bucharest: Brâncuși Month Until February 28 The event brings to the fore the creations of 110 contemporary Romanian sculptors, whose sculptures and drawings will be exhibited in at Palatele Brâncovenești […]
