Interim President Ilie Bolojan on Monday welcomed a delegation of the management of the National Bank of Romania (BNR) at the Cotroceni Presidential Palac, represented by Governor Mugur Isarescu and Deputy Governor Cosmin Marinescu.According to the Presidential Administration, the meeting took place amid the current macroeconomic picture dominated by internal and external risks and uncertainties that require prudence and responsibility in terms of economic policies."Interim President Bolojan underlined the importance of the central bank in ensuring the country's economic stability and in increasing the confidence of financial markets and investors in Romania's economy."The Presidential Administration shows that the discussions focused on the need for close cooperation between public economic and financial authorities."Romania's economic stability requires responsible policies and structural reforms, in line with the commitments of the National Recovery and Resilience Plan, which ensure the sustainability of public finances and the financial system in the long term," according to the Presidential Administration.Governor Isarescu underlined BNR's commitment to contributing to securing macroeconomic stability by adequately managing the existing risks within the limits of the institutional powers of the central bank."Securing financial and economic stability remains, in the current context, the main objective of the National Bank of Romania, for the achievement of which coherent and responsible decisions are necessary, which would lead to the full capitalisation on the European funds from which Romania benefits and to increase, implicitly, the investment attractiveness at the level of the private sector," according to the Presidential Administration. (Photo:https://www.presidency.ro/)
Participation in cultural education activities continues to be limited, with the main barriers being difficult access, insufficient knowledge, and cost, the recently released Cultural Consumption Barometer 2024 shows. The report showed that many Romanians still associate culture with entertainment rather than with personal development or furthering their knowledge. The need for relaxation dominates in cultural […]
Roughly 84% of Romanians say that the pace of the state’s digitalization is slow or very slow, according to an Edge Institute & AtlasIntel study presented at the Digital Governance Summit 2025, which took place on Tuesday, November 25, at the presidential palace in Bucharest. The survey aims to capture the way citizens relate to […]
Romania’s Superior Council of Magistracy (CSM) issued a negative opinion on the new bill regarding magistrates’ pensions. The move is only the latest development concerning a heated issue that led to tensions between the executive and the judiciary branch. CSM’s opinion is consultative, and the government led by Ilie Bolojan can still take responsibility for […]
Romania took the presidency of the Central European Initiative (or CEI) on Wednesday, November 26, according to a press release from the Ministry of Foreign Affairs (MAE). The organization is a regional intergovernmental forum established in 1989, following the fall of the Berlin Wall. It gathers 17 Member States in Central, Eastern, and South-Eastern Europe […]
Trade between Romania and Poland continues to grow, with annual bilateral exchanges in goods now valued at more than EUR 12 billion, according to figures presented by the Polish-Romanian Bilateral Chamber of Commerce and Industry (PRBCC). The data was released during a reception in Bucharest marking Poland’s Independence Day and Romania’s National Day. Polish investments […]
As Romania moves closer to implementing the EU Pay Transparency Directive, local employers are preparing for one of the most consequential shifts in workplace regulation in over a decade. The directive, set for transposition by June 2026, introduces strict new rules on salary disclosure, pay reporting, and equal-pay verification, aiming to close persistent gender gaps […]
