We are living in a complicated period, fraught with challenges, and these require a firm response, based on professionalism, cooperation and fidelity to constitutional values, acting President Ilie Bolojan declared on Wednesday at the Cotroceni Presidential Palace, as he welcomed a delegation of the Association of Francophone Constitutional Courts (ACCF)."The Association of Francophone Constitutional Courts is an essential platform for promoting the rule of law, democracy and fundamental rights in the French-speaking area," Bolojan stressed, adding that through the voice and actions of its members, this umbrella organization of rule of law guardians "supports democratic values, from the separation of powers in the state to the defense of fundamental rights and freedoms.""When constitutional courts act in solidarity, share best practices and support each other, the citizens' assurance and trust in respect for the constitutional order stands to gain," added the acting president.Bolojan brought to mind that the Constitutional Court of Romania takes over the Association's presidency on Wednesday, "an important responsibility which requires coordination, representation and promotion of common goals.""Romania supports this mandate and remains a reliable partner in the French-speaking area," the head of the state pointed out.In the end, Ilie Bolojan called for cooperation, arguing that "when states cooperate, they become stronger and their institutions are more functional, and the exchange of experience helps adapt to a constantly changing international environment."
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 […]
