Minister of Finance Adrian Caciu and World Bank's Country Manager for Romania Anna Akhalkatsi discussed on Tuesday the priority measures of the Ministry of Finance (MF) this year, which aim at fiscal consolidation, macroeconomic stability, the sustainability of the budgetary programming, the green economy and the allocation of resources for the development of the business environment, informs the ministry."I appreciate the World Bank's willingness to support the Government's efforts to achieve the objectives and targets set out in the National Recovery and Resilience Plan and the 2021-2027 Multiannual Financial Framework in order to ensure the premises for the absorption of European non-reimbursable funds," underlined Adrian Caciu, Minister of Finance, in a press release sent on Monday.In her turn, the World Bank's Country Manager expressed the WB's interest in further supporting the authorities in implementing priority projects and reforms for Romania, encouraging further dialogue to identify common areas of intervention and ways to work together.According to the MF statement, the wide range of instruments offered by the World Bank, as well as their specificity, allows access to operations that support the coverage of financial needs, while contributing to the implementation of measures assumed through sectoral reforms.
Prince Paul Phillippe of Romania, one of the country's notorious fugitives, was captured in Malta at a resort where he was on vacation. Paul of Romania has been on the run for nearly four years from the country, where he was sentenced to 3 years and 4 months in prison in the case regarding the […]
Hobița, the village of famous Romanian sculptor Constantin Brâncuși, is at the center of a new temporary exhibition at Art Safari in Bucharest, which opens on Wednesday, May 1, and will be on display until May 19. Art Safari also offers a family program during the Labor Day & Orthodox Easter mini-holiday, open daily from 12:00 […]
The first section of the Transapuseana, a road that crosses Romania's Apuseni Mountains, was recently inaugurated. The section consists of 43 kilometers of county road. The road (DJ 107I), initially known as the 'Transalpina of the Apuseni,' was later renamed Transapuseana. It is the largest investment on a county road in Romania, with a total […]
According to a report from Romania’s National Institute of Statistics, during the period 2020-2022, the proportion of Romanian companies that introduced new or improved products or business processes into the market was 8.8%, a decrease of 1.9% compared to 2018-2020. Business innovation refers to the wide range of activities that enterprises...
SD Worx, a leading European HR and payroll solutions provider, said that it completed the acquisition of Romanian Software SRL, the market leader in Romania for payroll and Human Capital Management (HCM) solutions. Romania thus becomes the 18th European country in which SD Worx has its own proprietary payroll & HR software. SD Worx announced […]
The Holy Light will be brought from Jerusalem to Bucharest on the evening of Saturday, May 4, and then distributed to other areas of the country, according to a press release published by Basilica.ro. Moreover, a delegate of the Metropolis of Moldavia and Bucovina will take the Holy Light from Bucharest to Chisinau, in the […]
