Romania needs, in order to ensure a 7% deficit, a financing demand of about 231 billion RON, an amount that will be provided both from foreign markets and internal ones, the Minister of Finance, Tanczos Barna said on Monday."The financing demand to ensure a deficit of 7%, under conditions in which revenues increase with economic growth and with better collection, is somewhere around 230-231 billion RON, an amount that will be provided both from foreign markets as well as from domestic markets," Tanczos Barna told Digi 24.He also spoke about Tezaur and Fidelis state bonds, emphasizing that they are a good saving solution for all citizens."I recommend all Romanians to take an interest in it, because it represents a safe investment, with a higher interest rate than usual interest rates, an untaxed interest rate. And the Romanian state is interested in these interests not going to other companies, not going outside the country, but to end up in the pockets of Romanians", the minister of finance said.On the other hand, he stated that this year he expects a reduction of at least 5% in expenses at the level of the main credit authorities."I am convinced that every manager, each main credit authority and every minister has enough leverage to reduce personnel costs by at least 5% in 2025, as a whole. There will certainly be situations in an institution where reductions by 20% will be made, in other institutions by 3-4%, but overall I am convinced that all ministries can reduce personnel expenses by at least 5%, if for nothing else, from natural departures and non-hiring of personnel, in this way relieving the personnel budget," Tanczos Barna said. (Photo: https://www.facebook.com/)
Former presidential candidate Călin Georgescu stated during an interview that he was invited to the inauguration ceremony of the US president-elect Donald Trump but declined the invitation, Hotnews.ro reported. Georgescu told Realitatea Plus host Anca Alexandrescu, whose show he frequents, that he has no reason to go, despite the fact that the right-wing, sovereignist...
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Bible Chat, an app launched by Romanian entrepreneur Laurențiu Bălașa, aims to assist Christians of all denominations, regardless of the Bible they follow, with answers or counseling based on their problems. The app is currently expanding in the US. Bălașa, 34, told Economedia.ro that...
21% more books ordered in 2024 F.M. Dostoevsky - the most appreciated author Ioana Chicet-Macoveiciuc - the best-selling Romanian author Ilfov, Bucharest, and Brașov - the highest number of orders per capita Brașov - 35% more books sold
Nicușor Dan, the mayor of Bucharest and a presidential candidate, has expressed strong reservations about how Romania's administrative and territorial reorganization is being discussed after the Social Democrats said they intend to draft a project in this sense. He emphasized the need for a methodical and data-driven approach and said the reform should not be […]
Romania registered an annual inflation rate of 5.1% for December 2024 despite significant fluctuations, according to data published Tuesday, January 14, by the National Institute of Statistics (INS). The figure remained unchained from the previous month amid higher political turmoil. In October 2024 inflation had come down to 4.67%, while in September it sat at 4.6%. The presidential […]
