Premier Ilie Bolojan announced on Sunday, in a video message posted on the Facebook page of the government that during the period to come new packages of measures for Romania’s reform will be adopted. He said that the political forces are aware of the difficult situation and stated that ‘there is no other solution’: If this measure is not adopted, what will it show? That we cannot correct things. If we give in one area or another, it will create a perception of giving in again and we will be back to where we started. Having that responsibility, I have tried to explain both within the coalition, but also to the people we talk to in the public sector. Colleagues, we must get our reforms done. It is no pleasure for anyone to take such measures. You do not take them with an open heart. Bad news leaves very few people to give it and sometimes I seem alone in that situation. With good news, there's always a big rush. For me it wasn't a comfortable situation, because I realized since last year in which direction Romania is heading. This is the truth. It is better to tell people the truth, so as not to create expectations that cannot be honored,' Bolojan said. Premier Ilie Bolojan announced on Sunday that the government is working on the introduction of a new system of multi-annual budget for investments which would allow local and county authorities to plan their constructions works for a period of three years, during the period 2026 – 2028.These plans aim at projects financed through the National Programme for Investments ‘Anghel Saligny’ as well through national programmes for investments.‘It will be a multi-annual programme which means national budgets for these programmes. Each authority, each construction will know how much money they get in 2026, 2027 and 2028 and will be able to plan, so that the sites are correctly organised’ Ilie Bolojan said.The Prime Minister underlined that Romania has already exceeded its investment capacity, which is why it is necessary to clearly prioritize projects according to their economic impact and the real needs of the regions.
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
