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.
The famous show "Ovo" ("egg" in Portuguese), created in 2009 by Cirque du Soleil, is scheduled for April 23–26, 2026, at BT Arena in Cluj-Napoca. So far, the classic Cirque du Soleil show has delighted over 7 million spectators in 40 different countries. Despite its age, it has been reimaged, with a new set, acrobatic […]
The state-owned group Electrica is set to list the largest green corporate bond issuance in Romania, worth EUR 500 million, on the Luxembourg and Bucharest stock exchanges. According to the company's press release, the European Investment Bank is one of the key participants in the issuance. Overall investor demand at the final price exceeded the […]
Low-cost airline Wizz Air announced a major expansion of its operations in Bucharest, adding a second aircraft to its base at Băneasa Airport starting this October. The airline will relocate nine routes from Otopeni to Băneasa, five of which will be operated exclusively from the secondary airport. At the same time, six new routes will […]
The annual inflation rate in Romania rose to 5.7% in June, up from 5.45% in May, according to data published on Friday, July 11, by the National Institute of Statistics. It is the highest level this year. The consumer price index, compared to May, was 0.45%. The inflation rate from the beginning of the year, […]
A taxi driver who refused to pick up a passenger at Bucharest’s Henri Coandă International Airport on Thursday night, citing the rule that prohibits the second car in line from leaving the queue, was fined and had his professional license suspended, according to the Romanian Police. Local news channel Digi24...
Local authorities in Buzău County, in the south-east of Romania, announced the opening for traffic of the new bridge over the Buzău River on Friday, July 11. At over 1.3 km in length, it is the second-longest road bridge in the country and is part of the Lot 1 Buzău – Vadu Pașii of the […]
