The European Commission has conveyed that Romania must reprioritize its investments in order to fall within the budgetary limits assumed for the years 2025-2026, a period in which the pressure on the state budget will be significant, announced the Minister of Finance, Alexandru Nazare."Yesterday (Monday, ed.) I discussed with representatives of the European Commission several key points on Romania's economic and budgetary agenda. In this context, the European Commission sent a clear message: Romania must reprioritize its investments in order to fall within the budgetary limits assumed for the years 2025-2026, a period in which the pressure on the state budget will be significant," the minister wrote on his Facebook page.According to him, the main topics discussed were: the start of the internal analysis and consultation process regarding the budget rectification; the stage of the renegotiation of the National Recovery and Resilience Plan (PNRR) and how the projects currently under negotiation can be adjusted; prioritizing investments financed from grants and loans, in order to remain on the assumed fiscal trajectory in the coming period, when the pressures on the state budget will be significant."We argued before the Commission for the inclusion in the grant component of some essential projects for Romania: the Ministry of Development's projects for building rehabilitation and energy efficiency - these have a major contribution to reducing energy consumption, reducing the costs borne by the population, but also to meeting environmental objectives; two important sections of the Moldovan Highway (A7) - A7 will contribute to a significant development of the eastern region of the country", explained Alexandru Nazare.He emphasized that discussions continue in parallel with the teams from the Ministry of Investments and European Projects, and the Ministry of Finance remains the guarantor of meeting the macroeconomic objectives and the assumed fiscal-budgetary trajectory.The Minister of Finance also added that the discussions with the EC representatives also targeted the additional measures envisaged in the second and third packages of fiscal reforms, in order to consolidate Romania's stable path until the next Council evaluation in October."It is fundamental, during this period, to take concrete steps towards restoring Romania's credibility with international partners," Nazare pointed out.
More than 680 houses in Suceava country and 170 houses in Neamţ county were impacted in the flash floods that hit northeastern Romania at the end of last week. Forty-one houses were completely destroyed, Raed Arafat, the head of the Department for Emergency Situations (DSU), announced on Friday, August 1. Three people were killed in […]
Romanian justice minister Radu Marinescu said on Thursday, July 31, that harsher penalties are being considered for violence against women and domestic violence, including the criminalization of femicide. The minister said that Romania currently has legislation that is fairly adequate, in line with European standards, for combating violence, including domestic violence. He also said that […]
Via Transilvanica, the long-distance trail that crosses the country, will apply to be the first accredited long-distance route in Romania after the government issued the methodological norms regulating the hiking trails of national interest. Tășuleasa Social, the non-profit that developed the trail, called the recently issued norms "a huge step that transforms a bold idea into...
Former prime minister and Social Democratic leader Marcel Ciolacu stated that he does not rule out a candidacy for the presidency of the Buzău County Council, after rumors to that end. PSD Buzău president Romeo Lungu had previously told journalists that discussions are underway for the former prime minister to run for the Buzău County […]
The Balneo-Physiotherapy Clinic in the Călimănești resort town, southern Romania, will undergo rehabilitation with a EUR 10 million financing from the European Union, according to representatives of the Vâlcea County Council. The project implementation period will be 24 months from the completion of the tender for the execution of the works, which include, in addition […]
Bringo, the first personal shopper-based rapid grocery delivery service in Romania, handling over 4,000 daily orders in more than 35 cities, launches a loyalty program that turns shopping into a continuous reward experience. "Beyond functional benefits like discounts, free delivery, or double refunds for SGR packaging collected right at your doorstep, Bringo YOU offers a […]
