The government approved on Thursday a bill for the purchase of 32 F-35 fighter jets, the Executive's spokesman Mihai Constantin announced."A bill was approved and sent to Parliament in a fast-track procedure, proposing that the Government of Romania award the Government of the United States of America the 'Offer and Acceptance' contracts for the purchase of 32 F-35 aircraft, engines, munitions, initial logistic support, permanent access to the F-35 global support chain, equipment and aircrew training services, support staff and aviation technical staff, special regime cryptographic equipment, specialized assistance, as well as the realization of industrial cooperation projects consisting in the transfer of technology or products. The necessary funds shall be provided from the state budget, through the budget of the National Defense Ministry, through loans or loan guarantees offered by the U.S. Government, or through a combination of these options," Mihai Constantin told a press conference at the Victoria Palace of Government.Also, the proposal was made for the National Defense Ministry and the Ministry of Economy, Entrepreneurship and Tourism to conclude specific industrial cooperation agreements with the manufacturer of the F-35 aircraft, Constantin added.
Romania's interim president Ilie Bolojan will travel to London on Sunday, March 2, for a summit of European leaders on the topic of European defense, also attended by Ukrainian president Volodymyr Zelenskiy, according to Digi24. The meeting will bring together...
Romanian prosecutors are reportedly investigating a 'troll farm' using Turkish IPs and accounts based on Russian email accounts, which helped increase awareness of the former far-right presidential candidate Călin Georgescu ahead of last year's elections,
The coupons attached by the Romanian Treasury to the bonds on sale under the second issue of the Fidelis scheme (bonds listed at the Bucharest Exchange) were cut for both local currency and euro-denominated papers. This comes after the record demand registered in the first issue this year in February when the Treasury raised over […]
Romania's general government budget deficit increased by nearly 40% y/y to over RON 11 billion (EUR 2.2 billion) in January 2025, according to data published by the Ministry of Finance. The gap in the first month of 2025 thus measures 0.58% of the GDP projected for the full year, up from 0.45% in January 2024. […]
Romania's economy is expected to rebound at a slower rate than previously expected at around 1.8% this year (down from 2.6% y/y projected in September), given the pressure to cut government deficits in an increasingly challenging domestic and external economic environment, according to the Regional Economic Prospects 2025 report issued by the European Bank for Reconstruction […]
The authorities in Bran, central Romania, recently revealed a plan to transform the central park into an attractive spot for leisure activities that would benefit from the proximity to the small community's famous castle. A specialized design firm has been contracted to modernize the park, and has already begun the process of obtaining approvals for […]
