In 2023, Bucharest is on the 8th place in the list of the most crowded cities in the world, according to the annual index conducted by the manufacturer of GPS systems Tomtom. In Europe, we are in 4th place. Last year, the people of Bucharest lost 150 more hours in traffic due to congestion, the average travel speed at peak hour being about 17 km/hour. The congestion level was around 55%, according to the cited source. Compared to 2022, the city is more congested, with the time required to travel a distance of 10 km increasing by 20 seconds to 27 minutes and 40 seconds. In 2022, we were 7th in this list, and in 2021, we were 8th. The most congested day in 2023 was November 28 when it took 36 minutes and 50 seconds to travel a distance of 10 km. Due to the crowding at peak hours, the people of Bucharest lost 150 hours more and paid almost 1,000 lei more for fuel. During the week, the greatest traffic congestion is recorded on Wednesdays, between 17.00 and 18.00, when a distance of 10 km is covered in about 41 minutes on average. Top most crowded cities in the world London Dublin Toronto Milan Lima Bengaluru Pune Bucharest Manila Brussels
President Nicusor Dan signed on Thursday the decree appointing Prime Minister Ilie Bolojan as interim Vice Prime Minister on the areas coordinated by Dragos Anastasiu, the Presidential Administration informed.On 27 July, Dragos Anastasiu announced he was stepping down from the vice prime minister office, mentioning that he could no longer accept "being denigrated and thus […]
Prime Minister Ilie Bolojan continued consultations on Thursday with representatives of the Association of Communes of Romania, telling them there is a strong chance to overcome the current difficult period if the approach of "responsibility toward public funds" is maintained."The reform of local public administration will be part of the second package of government measures […]
Financing the National Recovery and Resilience Plan (PNRR) projects will continue for those already initiated and will stop only in case investment has not begun, where not a single euro was spent for construction, Development minister Cseke Attila explained on Thursday. “PNRR will not stop, neither will financing investments which have already been initiated, […]
The Justice Ministry announced on Thursday having developed in cooperation with the Finance Ministry and the National Tax Administration Agency a set of proposals to amend the Insolvency Law, which will be included in the second reform package.Some of the amendments provide for a higher recovery rate of the taxes and fees owed by insolvent […]
Romania is in the antechamber of recession, with the risk that its economy will decline in the third or fourth quarter, especially amid an increase in taxes, a significant drop in sales and record inflation at European level, says business consultant Adrian Negrescu."We are currently in the antechamber of recession. It is a moment […]
The Ministry of Culture announced on Thursday that is set to adapt national legislation for enforcing the European Media Freedom Act (EMFA), which supports media pluralism, editorial responsibility, protects journalists from abusive surveillance and intimidation, and provides protection for sources.According to a Culture Ministry release, the implementation in Romania of Regulation (EU) 2024/1083 of the […]
