A team of the International Monetary Fund (IMF), headed by IMF chief of mission for Romania , Jan Kees Martijn, will pay a visit to Bucharest, over May 30 - June 10, for the annual assessment of the Romanian economy, known as the Consultation on Article IV, IMF regional representative for Central and Eastern Europe Nadeem Ilahi announced on Wednesday.The IMF team will discuss with the Romanian authorities about the economic policies and developments. Meetings will be organised with Finance Ministry, National Bank of Romania and other governmental agencies officials, as well as with representatives of the private sector and NGOs, reads an IMF release .The IMF mission is expected to hold a press conference at the end of the visit, the same release mentions.Romania has no ongoing funding agreement with the International Monetary Funds, nonetheless the financial institution makes an annual evaluation of the Romanian economy, based on the consultations on Article IV.
Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
