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/)
Some dinners are eaten. Others are remembered. At Corinthia Grand Hotel du Boulevard, the past few months have unfolded like a quiet culinary opera. One by one, Europe’s most celebrated chefs arrived, took over the kitchen of Boulevard 73 and left behind more than menus; they left stories. Now, on December 4, the curtain falls. […]
HORIZON CITY, a €130 million residential project, is emerging as one of the most solid and forward-thinking developments in the Pipera area—both through its scale and through the modern direction it sets for the new residential standards in the north. Developed across nearly 23,000 sqm, with 699 apartments and 926 parking spaces, the project brings […]
Romania’s National Forest Administration, or Romsilva, announced that it is putting over 16,000 Christmas trees up for sale over the winter in a press release published on Thursday, November 27. The trees can be purchased directly from the offices of the forestry districts. Prices range between RON 17 (EUR 3.3) for a spruce...
Lot 3 Pietroasele–Buzău of Romania's A7 highway, also known as the Moldova highway, was inaugurated on Thursday, November 27. The newly inaugurated segment is 13.9 km long. The A7 connects Romania’s historic regions of Muntenia, the southern part of the country, with Moldova, the eastern part. “We are opening another 13 km of the Moldova Motorway […]
The City Hall of Sinaia, a popular mountain town roughly 120 km north of Bucharest, announced that a new attraction, the alpine coaster on Pârtia Nouă, will officially open on December 1. The installation, located in the ski area near the Sinaia Gondola, features what the authorities say is the longest track of its kind […]
The Romanian national team debuted with a victory in Group A of the Women’s Handball World Championship, organized in the Netherlands and Germany. Romania won 33–24 (13–12) against Croatia in the Ahoy Arena in Rotterdam on Thursday, November 27. The Romanian team dominated the match in the second half, left backer Sorina-Maria Grozav scoring 7 […]
