The dynamics of public investments was much higher this year, in the conditions in which, in the budget execution account, Romania recorded, at the end of August, 67 billion RON of investments made from both European and national funds, he announced on Tuesday the minister of Finance, Marcel Bolos, during the "RoInvest - 5th Edition" conference, organized in Bucharest on Tuesday."We had a much higher dynamic in 2024, for the pace of public investments, and in the budget execution account, at the end of August, we recorded 67 billion RON, investments made from both European and national funds. For which means the evolution until the end of the year and, of course, the implementation of this ambitious public investment budget, the figures show us that we will easily exceed 110 billion RON. There are projects that, whether we are talking about the highway infrastructure or the the railway or the other investments that are made in the field of education, but also in the field of health, are the backbone of Romania's development," said Marcel Bolos.According to him, the public investment budgets for the years 2025, 2006, 2027 "are extremely ambitious"."Over 150 billion RON will be allocated from the state budget in the form of co-financing, as well as expenses that represent Romania's contribution to the cohesion policy, to the National Recovery and Resilience Plan, and to the Anghel Saligny National Program. perspective, as a percentage of GDP, in the coming years we will reach up to 8% allocation of these budgets. The good part is that, if until yesterday we did not have budget execution on investments - and the budget corrections from the previous years were done through money cuts from investments, because the money was not used - now this is no longer in question. Our last budget rectification, the one from yesterday, assumed an increase of 20 billion RON for investments financed from European funds," the minister added.
Six men and one woman from Romania have been accused of recruiting dozens of children and adults from foster care centers, whom they then transported to Hungary, where they turned them into slaves, forcing them to work under inhumane conditions. The accused are from the localities of Ozun and Chilieni, Covasna County, Romania, and allegedly […]
The Museum of Collectivization, the first in Romania dedicated to the forced collectivization period of the communist era, is set to open a new wing, Corp B, funded through the EU-backed National Recovery and Resilience Plan (PNRR) and co-financed by the National Cultural Fund Administration (AFCN). With the new building, the museum located in Tămășeni, […]
Romania’s “Madrigal – Marin Constantin” National Chamber Choir, conducted by Anna Ungureanu, will be in Luxembourg and Belgium, as part of the “Bridges Across Europe/Punți peste Europa” European tour, where it will perform five extraordinary concerts. The performances will take place between November 20 and 25, with the help of the Ministry of Culture, the Romanian Embassy […]
The European Development Bank approved a EUR 140 million loan for Romania’s “Cultural Foundations” project, aimed at preserving historical monuments and constructing cultural buildings in the country. The project targets 14 investment objectives of national and European relevance, administered by public institutions under the Ministry of Culture, including the Romanian Athenaeum, the Romanian National Operas […]
Bucharest, November 14, 2024 – Exim Banca Romaneasca offers clients the possibility to verify the true identity of the beneficiary when initiating a payment in RON through internet or mobile banking. This is enabled by the bank’s adoption of the Beneficiary Name Display Service (SANB), which helps prevent fraud and reduces erroneous transactions caused by […]
Fifty NGOs and civic groups, along with the Bucharest Environmental Platform, have drawn up an open letter calling on Romania’s Ministry of Environment, Waters, and Forests to urgently approve the Management Plan for the Văcărești Natural Park in Bucharest. They say the plan has been pending approval for nearly a year. The non-profits noted that […]
