The objective of the national budget for 2024 is gearing towards investment and the provision of appropriate allocations for the major public services - healthcare and education, Finance Minister Marcel Bolos said on Monday."We are building the budget on the legislation that is in force at the moment and in accordance with the procedures that we also have in force. It is a budget that we are trying to gear towards investment; that is the objective that we have set for 2024, and with regard to the big public services - I'm talking about healthcare and education - they still have spending allocations that will allow them to modernise, digitally transform, and also to implement consistent investment," Bolos told a meeting of the Local Authorities Summit organised in Bucharest.Asked if the application of the new pension law will allow these allocations, he answered: "Is the new pension law approved so that the budgetary impact estimated by the World Bank is taken into account? If it is, we will see what the measures are that we have to take so that we can support these rights, which are rightly granted to pensioners, from the budget for 2024 and the following years."He added that in case the new pension law enters into force in the form adopted by the executive, the duty of the government, according to the law, is to take into account the budgetary impact generated by its implementation."A budget that contains substantial resources in the area of digital transformation and combatting tax evasion is one that all Romanians are waiting for. And, then, highlighted distinctly in the budget, we'll see if the budget is realised and produces effects, so that the effects will be consistent to ensure the financial sustainability of the rights that come under the new pension law."Bolos pointed out that an extremely serious analysis should be carried out on the estimated impact of the new pension law.
The Romanian stock market benchmark – the BET Index – officially crossed the 20,000-point threshold on Tuesday, July 25, 2025, marking a major milestone in its recent surge. The BET has gained about 7.5% in the last month, setting several new record highs on its path to 20,000 points. However, the Bucharest Stock Exchange’s recent […]
If you operate as a crypto broker, you might have come across a crypto broker program — a specialized service designed to enhance broker operations, expand service offerings, and optimize how they serve their end clients. These platforms have grown in popularity, offering streamlined access to the digital asset space with tools designed to suit both […]
For its 2025-2026 season, the George Enescu Philharmonic will bring to Bucharest more than 70 Romanian and foreign conductors and soloists of top level, 75% of whom are present for the first time in its artistic programming, the institution said. Among the names that will take the stage of the Romanian Athenaeum in Bucharest starting this […]
The Neuman House, a protocol residence for former communist dictator Nicolae Ceaușescu situated in the city of Arad, in western Romania, is up for sale for EUR 2.4 million, according to an online listing by an international agency specializing in luxury property brokerage cited by Agerpres. The building belonged to the noble Neuman...
During a press conference held on Tuesday, July 29, Romanian prime minister Ilie Bolojan presented the main measures from the magistrates' pension reform project, which will be included in the third fiscal package. The project includes raising the retirement age and capping pensions. The reform is urgent and necessary, said the official, who also warned […]
UNICEF has launched the Romanian-language version of the podcast On My Mind (În Mintea mea), created to support young people's mental health, with the support of global streaming platform Spotify. The Romanian-language version of the podcast complements the work carried out by UNICEF in Romania, which is currently implementing an initiative aimed at promoting the […]
