The International Monetary Fund (IMF) delegation present in Bucharest these days did not ask Romania for drastic measures, tax increases or austerity measures, stated the minister of finance, Tanczos Barna, who met on Thursday with the new head of the IMF mission in Romania, Joong Shik Kang."By gradually restoring the budget balance, we will be able to avoid exactly those painful measures that Romania was forced to take during the 2009 crisis and which, rightly, still generate fear among the people regarding the visits of the International Monetary Fund. The International Monetary Fund delegation is on an informal working visit to Bucharest and, contrary to the alarmist rumors of the last few days, did not ask Romania for drastic measures, tax increases or austerity measures," the minister of finance wrote on his Facebook page.Tanczos Barna stated that, during the discussion with the representative of the international financial institution, he reaffirmed the commitment of the Romanian authorities to reduce the budget deficit and create a more flexible state in the next 7 years, increasing allocations for investments that support the economy."We agreed that Romania must regain the trust of international partners and investors, and this is possible only by respecting the commitments assumed and by bringing stability and predictability to the country's finances. We have already taken the first step, by adopting the budget, and now a consistent implementation is necessary," the same source emphasised.An International Monetary Fund mission is visiting Bucharest, from February 3 to 7, for an analysis of the latest economic developments and an update of the forecasts.Currently, Romania does not have an ongoing financing agreement with the International Monetary Fund, but the financial institution annually assesses the development of the Romanian economy, based on consultations on Article IV.
On November 20th, 2025, the Bucharest Stock Exchange (BVB) celebrated 30 years since its reopening, organizing a series of anniversary events along with various representatives of the Romanian capital market. Three decades ago, the first transactions took place on the BVB, and the Romanian investment landscape as we know it today began to take shape. […]
With the holidays just around the corner, we’ve created the new Collection of Boromir Infused Cozonac with natural vanilla syrup and pistachio. Unique, slightly moist, and richly filled, our latest assortments of Boromir Infused Cozonac make every festive moment with your loved ones even more special. Each bite melts in your mouth, bringing warmth, comfort, […]
Romanian airline AnimaWings announced on Friday, November 21, that starting in 2026, it will operate five new air routes from Timișoara International Airport, serving holiday destinations in Italy and Greece. The new connections include Athens (ATH), Olbia – Sardinia (OLB), Kefalonia (EFL), Thessaloniki (SKG), and Kavala (KVA). “We want Timișoara to become a reference point […]
President Nicușor Dan promulgated a law establishing October 29 as Queen Marie Day, following the bill’s adoption by the Chamber of Deputies on October 28, news agency Agerpres reported. The new law designates the date as a day dedicated to commemorating the life and historical contribution of Queen Marie of Romania. On October 29, public […]
Horaţiu Potra, the mercenary leader with alleged ties to Russia who previously fled Romania, was placed under preventive arrest for 30 days after his extradition from Dubai. He is investigated for attempted actions against the constitutional order, violation of the regime of weapons and ammunition, and violation of the regime of explosive materials. The same preventive […]
Nicușor Dan is the political figure in whom Bucharest residents have the most trust, according to a survey by INSCOP Research. The former mayor, now head of state, is followed by prime minister Ilie Bolojan. More precisely, 44.2% of the total sample state that they have quite a lot or very much trust in Nicușor […]
