The general budget execution on January through October 2015 closes with a surplus worth 9.04 billion lei, namely 1.28pct of the Gross Domestic Product, as compared to the 1.9 billion lei surplus, namely 0.29pct of the GDP recorded in the similar period of 2014, according to data released by the Public Finances Ministry on Wednesday. The incomes of the general budget, worth 191.6 billion lei, representing 27.2pct of the GDP, were in the ten months of 2015 by 7.9pct higher in nominal terms against the same period of 2014, and by 0.6pct weight in the GDP. The expenditure of the general budget went up to 182.6 billion lei, on an uptrend in nominal terms by 4pct as compared to the same period of 2014, yet they diminished by 0.4pct weight in the GDP. A significant growth is noticeable by 36pct against the same period of 2014 of the expenditure with the financing projects from foreign grants. The investment expenses, that include the capital expenditure and the ones regarding the development programmes funded from domestic and foreign sources, were worth 22.7 billion, or 3.2pct of the GDP, in nominal terms by 11.6pct higher than the similar period of 2014.
A Greenpeace activist flew a powered paraglider near the Transocean Barents platform in Constanța on Wednesday, January 15, displaying a banner reading 'Stop Fossil Gas' in protest of OMV Petrom's Neptun Deep gas drilling project in the Black Sea. The platform, set to become Europe's largest fossil gas extraction site, is undergoing final preparations before […]
Romania has dropped ten positions in the 2025 ranking conducted by the defense-focused publication Global Firepower, which compiles a list of the world's most powerful armies based on various indicators every year. In 2024, Romania was ranked 41st in the list of 145 countries, while now it is ranked 51st, with a power ranking of […]
The 19th Gopo Awards Gala, celebrating the achievements of Romanian cinema, will take place on April 29 in Bucharest, according to an announcement by the Romanian Film Promotion Association. A total of 38 feature films, including fiction and documentaries released in 2024, have met the eligibility criteria and are now in the running for nominations. […]
NXP Semiconductors N.V. secured a EUR 1 billion loan from the European Investment Bank (EIB) for the company’s research, development, and innovation (RDI) projects in Austria, France, Germany, The Netherlands, and Romania. The financing will support NXP’s RDI projects aimed at various end markets including automotive, Industrial, and Internet of Things (IoT) for the period […]
Bucharest's two main airports, namely the Henri Coandă International Airport and Aurel Vlaicu Bucharest-Băneasa International Airport, recorded air traffic of over 16 million passengers in 2024, an increase of 9.22% compared to 2023. Additionally, there were 134,700 aircraft movements (landings and takeoffs), up 4.75% from 2023, according to data from the Bucharest National Airports Company […]
Romanian tennis player Jaqueline Cristian, ranked 82nd in the world, advanced to the third round of the Australian Open on Thursday, January 16, after defeating Italy's Lucia Bronzetti in two sets 7-5, 7-5. The match lasted two hours and four minutes, according to News.ro. This marks the...
