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/)
The exhibition RomanIa – Identity representation of traditional dress in art, currently on view at the National Museum of Art of Romania (MNAR), gathers a variety of artistic representations of the traditional blouse ia, from painting and sculpture, to drawing, photography, installation, film, music, posters, fashion, books, albums, and more. It includes works by Henri […]
Over 136,000 non-EU citizens held residence permits for employment in Romania at the end of August this year, most of them coming from Nepal, Sri Lanka, Turkey, Moldova, and India, and two out of three immigrants live in Bucharest, Ilfov, Constanța, Timiș, and Cluj, according to a study conducted by the Economic and Social Council. […]
Romanian prosecutors conducted house searches in 12 locations in Bucharest and two in Târgu Mureș on Wednesday, November 26, in a case targeting former employees of bankrupt insurer Euroins. Specifically, the searches targeted 10 individuals who held executive management positions within Euroins, as well as the headquarters of legal entities controlled by the Bulgarian shareholders […]
Prices in Bucharest’s premium residential market have doubled over the past few years, reaching record highs amid a severe shortage of supply in the city’s most exclusive neighborhoods, Cushman & Wakefield Echinox said. Areas such as Primăverii, Kiseleff, Aviatorilor, and Dorobanți continue to dominate demand. Over the past 2 or 3 years, prices for premium […]
The Romanian Consulate in New York shared on social media the story of George Pomuț (George Pomutz, born Gheorghe Pomuț), the Romanian-American who facilitated the sale of Alaska to the US. Despite his role in US history, the Romanian is largely unknown today, the Consulate noted. Pomuț was born in the Hungarian town of Gyula, […]
Shares of Cris-Tim Family Holding (BVB: CFH) began trading on the Bucharest Stock Exchange on November 26 after an IPO worth RON 454.35 million (EUR 89.3 million) conducted last month. Cris-Tim is now the largest entrepreneurial company in the food sector on the BVB Main Market. The funds raised from institutional and over 8,000 retail […]
