The budget execution for the first three months of the year shows the challenges of the domestic and foreign economic context, as well as the first results of the measures taken for the restoration of the budgetary balance, sent on Friday the minister of finances, Tanczos Barna.” Investments grow and drop expenses with goods and services” said the minister of his Facebook page.He said that during the first quarter of this year, income registered growth of 6.9% against the same period of last year, VAT collection increased, getting to almost 37 billion lei, investments surpassed 25 billion lei, growing with over 10% against the fist quarter of last year.Similarly, the expenses of the state increased, showing salary and pensions increase offered last year, but there are drops at the level of expenses for goods and services from the state budget and that of local authorities, said Tanczos Barna.”These are trends that must be continued in a more supported rhythms. For this, we need, firstly, political stability, as well as joint effort on the part of state institutions. The reduction of the expenses and observing the limits established through the budget must be a priority for all state institutions, without deviations and compromises” said the minister of finances.
President Nicușor Dan has nominated Senate president Ilie Bolojan, a leader of the National Liberal Party (PNL) and former interim president, for the prime minister seat. Dan said Bolojan is “the best person to carry out the needed adjustments in the state administration.” He pointed to Bolojan’s track record with reducing spending, and said he has […]
Balkanik Festival – Home of World Music, set to take place at Uranus Garden between September 5 and September 7, lines up this year artists who "celebrate that form of joy that does not ignore reality, but faces it with beauty, energy, and solidarity," the organizers said. The artists performing in September in Bucharest will […]
The mayor of Timișoara, Dominic Fritz, announced on Friday, June 20, that two new bridges over the Bega River will be built in the city. The bridges will be financed with EU-backed funds worth over RON 130 million. The bridges in question are the Solventul Bridge, which will connect Gării Street to Dâmbovița Boulevard and […]
A Sarmatian necropolis nearly 2,000 years old was discovered after archaeological excavations were carried out at the Mehala II site in the municipality of Timișoara, in western Romania. Researchers discovered 15 inhumation graves, most arranged in rectangular pits with rounded corners, although some no longer retain their original outline, having been disturbed by the passage […]
The George Enescu Philharmonic Orchestra will deliver on June 26 a concert marking Romania Day at the Osaka World Expo. Additionally, the Bucharest-based orchestra will present a series of other concerts and recitals, both within the Romanian Pavilion and outside, at Toyonara Hall in Osaka. The George Enescu Philharmonic Orchestra's concerts will be conducted by […]
Sphera Franchise Group, the largest food service group in Romania, has opened its first Cioccolatitaliani store in the seaside resort of Riccione, in Italy’s Rimini tourist area. This marks the official launch of Sphera Group’s development plan for the premium Italian brand of coffee, gelato, and pastry. Under the plan, it will open four locations […]
