Romania is performing better than most European peers in managing the pandemic, hence it avoided the lockdown for the first quarter of 2021. The National Institute for Statistics announced that the economy contracted in 2020 by only -3.9%, a much better result than World Bank or IMF predictions. In 2019, Romania was classified as a high-income country and the local exchange entered emerging market status. However, the renowned European Recovery Fund is still on paper, Romania has been traditionally weak in absorbing EU funds and the global market trust in Romania is significantly impaired. The dynamic of the local economy is there, but will it materialize?
Climate Change Summit, the event on climate change issues, will host at this year’s edition a competition rewarding transformative solutions addressing environmental challenges. The competition Climate Change Summit Awards targets individuals under 30 and small and medium enterprises from Romania and Central and Eastern Europe (CEE) developing ideas in the areas of energy, mobility, construction, circular economy, […]
A 53-year-old man from Sri Lanka, internationally wanted for a murder committed in Bucharest in 1991 and arrested in Germany at the beginning of this year, will be brought to Romania on April 23 to serve a 19-year prison sentence. The man will be brought to the country by an escort of the Romanian Police. […]
Romania will celebrate 20 years since joining NATO with an extraordinary concert to be held at the famous Andrew W. Mellon Auditorium in Washington DC, the very hall where the NATO Treaty was signed 75 years ago. The concert, titled 'Faith, Freedom and Friendship. Celebrating 20 years of Romania’s NATO membership', will take place on […]
The "I.C. Brătianu" Museum Centre in Buzău will host the first edition of the Slow Food Romania Conference on May 24. Organized by the Slow Food Buzău Community, the event brings together slow food communities in Romania as well as artisanal food enthusiasts from across the country. In addition to the conference, the artisan food market Piața Artizanilor will […]
The 12th edition of the Haferland Week, an event dedicated to promoting the culture and traditions of the Saxons of Transylvania, will take place this year between August 8 and 11. The theme of the 2024 edition will be 'History, tradition, and culture, yesterday and today in Haferland,’ as announced by the organizers, the M&V […]
Romania’s tetraplegic professional rally driver, Ciprian Lupu, is ready to start the 2024 competition season. His first race will be at the local Harghitei Rally scheduled for April 26-27, but international events will follow. Ciprian Lupu is the first person with disabilities in the world to win the title of National Champion in a motoring […]
