Romania's most urgent priority is to form a government, while rating agency S&P is unlikely to rush into downgrading the country's sovereign rating, Fiscal Council President Daniel Daianu said on Wednesday."What is the priority now? The country's first priority is to have a government. And I would add something else: my prediction is that S&P will not rush into a downgrade. S&P is interested in seeing a government formed and what the 2027 budget will look like, as well as an economic policy that continues this fiscal and budgetary adjustment. In other words, a policy showing that Romania has understood how serious the situation was in 2025 and that we will continue moving in the right direction," Daianu told the second edition of the NewMoney Talks conference on the NewMoney-INSCOP Economic Sentiment Index.In his view, the fact that Romania has entered the final third of September without a government represents a failure."There are people, leaders in the still-interim government, who say it would be better to clear things up through early elections. But early elections do not happen within a week. They take months. And simply entering a period dominated by the prospect of early elections could lead to a downgrade. We are playing with fire," the Fiscal Council president warned.Referring to Siegfried Muresan, who has been designated by President Nicusor Dan to form a government, Daianu said the prime minister-designate needed the support of the Social Democratic Party (PSD)."Give Siegfried Muresan a chance. He needs PSD's support, and his rhetoric has not exactly been conducive to securing that support. Being a politician in Brussels is one thing; being a politician in Romania is another," Daianu said.The Fiscal Council president also said Romania could record a 1% recession this year, followed by economic growth of 2% next year.
Bucharest, 6 October 2026: The Chamber of Commerce and Industry of Romania (CCIR), in partnership with the Pakistan–Romania Business Council (PRBC) and the Embassy of Romania in the Islamic Republic of Pakistan, organised the Romania–Pakistan Business Forum on 6 October 2026. The event took place on the sidelines of the......
Prime Minister Ilie Bolojan’s meeting with an OMV Group delegation Prime Minister Ilie Bolojan received today, at Victoria Palace, a delegation from the OMV Group led by Emma Delaney, Chair of the Executive Board and CEO of OMV, and interim member and Chair of the Supervisory Board of OMV Petrom....
Finance and business leaders from across Europe gathered in Warsaw to explore how artificial intelligence is reshaping the finance function, transforming decision-making and redefining the role of people within organisations. On 24 September, the ninth CFO Strategy & Innovation Summit took place in Poland. Organised by The Chartered Institute of...
K-Pop live la București: patru artiste din Coreea de Sud deschid K-Lovers Festival 2026 Gala Korea Corner are loc pe 7 octombrie, la Universitatea Româno-Americană, și aduce pe scenă muzică live, dans K-Pop, un recital de nai susținut de un discipol al lui Gheorghe Zamfir și o degustare de vinuri...
Philips, a global leader in health technology, and Ponderas Academic Hospital mark a new milestone in their collaboration with the designation of Ponderas as a Philips Reference Center for Image-Guided Therapy (IGT). The status recognizes the shared commitment of the two organizations to supporting the development of minimally invasive procedures, medical education and the exchange […]
Wolf Theiss advised Nordic Tyre Group, a leading independent tyre distributor across the Nordic and Baltic markets, on its acquisition of 100% of the shares in Dinamic92 Distribution S.R.L., a Romanian wholesaler and distributor headquartered in Piatra Neamț. The transaction, which closed on 30 September 2026, marks the group's entry into the Romanian market and represents its first acquisition since becoming part of […]
