Romania risks losing 75 billion euros if it does not implement the package of measures to reduce the budget deficit, 46 billion euros from the Cohesion Policy and 29.3 billion euros from the National Recovery and Resilience Plan (PNRR), said on Wednesday evening, the minister of Finance, Marcel Bolos, in a press briefing at Victoria Palace.He presented the draft law on some fiscal and budgetary measures, for which the Government will assume responsibility, and which was analyzed in the first reading during the Government meeting."So, we are discussing the future of Romania. 75 billion euros that we cannot afford to have suspended because with this money Romania builds its highways, with this money Romania builds its railway infrastructure, with this money we modernize the schools, with this money we are modernizing hospitals, with this money the modernization at the level of local communities is decisive, including for what it means for the comfort that public services bring, including for water supply, sewage to what it means for rehabilitation and energy efficiency that we all benefit from. All this is as important as oxygen for our country and that is why it is a time when all the decision makers and the whole political scene and all the political decision makers must have the wisdom to take the necessary steps to get out of this impasse, which is with a major impact on the modernization of Romania," the minister said.
Pulitzer Prize winner Junot Díaz, Tracy Chevalier, the author of the international best seller Girl with a Pearl Earring, and French author Michel Bussi, known for his widely translated thriller novels, are among the authors set to attend this year’s Iași International Literature and Translation Festival (FILIT), the largest literary festival in the country. They […]
Bucharest is about to welcome a culinary moment like no other. This September, the JW Marriott Bucharest Grand Hotel will host Michelin-starred Chef Theodor Falser - a name synonymous with nature-inspired haute cuisine - for three exclusive evenings that promise to delight the senses and tell stories through food. The Chef Who Cooks Nature Theodor […]
The International Monetary Fund (IMF) has endorsed Romania’s latest fiscal measures, forecasting that the economy will grow by 1% in 2025 and 1.4% in 2026, the government said Friday, September 12, after talks with a visiting IMF delegation. The delegation, led by Joong Shik Kang, met prime minister Ilie Bolojan in Bucharest to discuss the […]
The George Ciprian Theater in Buzău has unveiled “E-Waste E-Motion,” the first performance in Romania in which all characters are played by small autonomous robots, blending art, technology, and sustainability in an experimental theatrical project. “E-Waste E-Motion” is part of a broader artistic research initiative supported by the National University of Theatre and Film (UNATC) […]
With extensive experience in the luxury hospitality sector, gained as General Manager of Sofitel Legend The Grand Amsterdam and Hotel Okura Amsterdam (LHW), as well as in various Director of Operations and Business Development roles, Ms. Emmy Stoel is a seasoned professional whose career reflects a deep passion for excellence in guest service, having successfully […]
Update: The woman made her first statements on Friday afternoon after being questioned. According to Digi24, she told journalists outside a police station in Bucharest that the items were family heirlooms from the Soviet era, and that she...
