The budget deficit for 2024 is likely to significantly exceed the 2023 deficit, with major risks to the budgetary consolidation process, warns the Fiscal Council in a preliminary opinion on the draft laws on the state budget and the state social security budget and on the Fiscal Budget Strategy for 2024-2026.The Fiscal Council received a first set of documents on the three draft laws from the Ministry of Finance on 9 December, with a new set of drafts to be sent to the institution in the afternoon of 13 December. Under these circumstances, the Fiscal Council states that it was unable to review the extended opinion, so it decided to issue a preliminary opinion."The budget deficit in 2023, according to the documents submitted by the Ministry of Finance, is 5.9% of GDP in the cash methodology and 6.0% of GDP in the European/ESA methodology," the preliminary opinion of the FC reads.The state budget for next year is based on an economic growth of 3.4% and a budget deficit of 5% of GDP.
The longest theatrical event in the world, “Horror Vacui,” will take place in February in Bucharest, as announced by the A.R.T. Fusion Association. The event consists of a large-scale artistic act supported by over 500 actors, which will take place between February 15 and 22 at the Galateca Art Gallery in Bucharest, for 7 days, 24 […]
Romanian voters who live abroad can register starting today, January 20, to vote in this year's presidential elections, the Permanent Electoral Authority (AEP) announced. Voters who live abroad can register on the website votstrainatate.ro. The website has sections for those who wish to vote at a polling station abroad and those who plan to vote […]
Romania won 35 medals at the IISA 6th Ice Swimming World Championship held between January 13-19 in Molveno, Italy. Eight of the medals were won in the overall rankings, of which two gold, two silver, and four bronze. Another 27 medals were earned in the age category rankings - ten gold, nine silver, and eight […]
The Romanian Intelligence Service, or SRI, said it prevented a sabotage operation planned in a way “specific to the Russian services” in the summer of 2024. The sabotage attempt happened in July-August 2024, and SRI managed to prevent its execution by identifying the perpetrator, a Colombian citizen, just before he could act. The man, Luis […]
A Romanian Library Corner will be inaugurated this month at the Worcester County Library in Ocean City, Maryland. According to an announcement from the Romanians of DC organization, the event is scheduled for January 24. The Romanian Library Corner has been established with funding and support from Romanians of Washington, DC, and in partnership with […]
Bird mortality due to electrocution is a major conservation issue, with uninsulated medium-voltage power lines, often used by birds as resting spots, posing one of the greatest risks to these species. In this context, the Romanian Ornithological Society (SOR) partnered with Rețele Electrice România to install insulating sleeves on medium-voltage poles in the central area […]
