Seven former United States ambassadors to Romania signed a joint letter one week before the second round of the presidential elections on May 18, warning of the dangers posed by a pro-Putin president, G4media.ro...
A team of the International Monetary Fund, led by Jan Kees Martijn, the head of the mission for Romania, will be in Bucharest between September 25 and October 4, 2023, for the annual analysis of the Romanian economy based on Article IV, announced the international financial institution in a press release.Such consultations take place periodically with all IMF member states.The IMF team will discuss economic policies with the Romanian authorities in meetings with representatives of the Ministry of Finance, the National Bank of Romania, government agencies, according to the press release signed by Geoff Gottlieb, the regional representative of the IMF for Central, Eastern and South-Eastern Europe. At the same time, the experts of the international financial institution will meet with representatives of the private sector and non-governmental organizations, the source adds.At the end of the visit, it is expected that the IMF mission will organize a press conference.The consultations constitute a supervisory exercise that is mandatory for all member states. The purpose of consultations based on Article IV is to examine the financial and economic situation at the national level and formulate some general recommendations regarding monetary policies, financial and economic policies to be followed to ensure stability and a positive evolution at the level of the economy. Based on the preliminary findings of this mission, the team prepares a report which, once approved by the management, will be presented to the IMF Executive Committee for discussion and approval.
Seven former United States ambassadors to Romania signed a joint letter one week before the second round of the presidential elections on May 18, warning of the dangers posed by a pro-Putin president, G4media.ro...
Romania won eight medals, namely two gold, two silver, and four bronze, at the Under-21 European Table Tennis Championships in Bratislava, Slovakia. Eduard Ionescu and Darius Movileanu won gold in the men's doubles, after defeating the pair Andre Bertelsmeier (Germany) / Tiago Abiodun (Portugal) in the final with a score of 3-1. The win came […]
Bog’Art Residential, part of the Bog’Art Group, a developer of premium residential properties in Central and Northern Bucharest, acquired a plot of land in an ultra-central area of Bucharest and formed a strategic joint venture with a Spanish investor for the development of a boutique residential complex valued at about EUR 20 million. The project […]
One United Properties (BVB: ONE), Romania’s leading green developer of residential, mixed-use, and office real estate, recorded a turnover of EUR 70.7 mln in Q1 2025 and a gross profit of EUR 22.6 mln, while the net profit for the three months stood at EUR 19.3 mln. “The first quarter of 2025 unfolded in a […]
The Romanian team participating in the 2025 Asian Physics Olympiad, held in Saudi Arabia, achieved the remarkable performance of winning seven medals, namely two gold, two silver, and three bronze medals, as well as an honorable mention. The competition, now in its 25th edition, was held in Dhahran, in the Kingdom of Saudi Arabia, with […]
Interim president Ilie Bolojan said on Monday, May 12, that he would vote for independent candidate Nicușor Dan in the second round of Romania’s presidential election. Dan, the current mayor of Bucharest, runs against George Simion, the leader of the far-right party AUR, in the election scheduled for May 18. In an interview with