His Majesty King Felipe VI awards the Sibiu International Theatre Festival (FITS) with the Plaque of Honor of the Order of Civil Merit of Spain, the organisers announced Friday in a press release sent on Friday."We are delighted that the Sibiu International Theatre Festival is receiving this beautiful recognition from His Majesty the King of Spain and that His Excellency the Ambassador will come specially for this event in Sibiu. During the 31st edition of FITS, we are presenting a very rich Spanish Season and we are very happy about the strategic partnership with Spain. Rafaela Carrasco, Barcelona Flamenco Ballet, Yllana Musical Opera, which has had a tremendous success all over the world, Spanish music, aerial dance and circus from Spain, all feature in this edition's programme. We will also have two great Spanish universities in Sibiu, we will present reading performances together with the Cervantes Institute, there will be special conferences with Rafaela Carrasco, with David Gutierrez, who leads the Barcelona Flamenco Ballet. It's a huge season!," said FITS president Constantin Chiriac.The award will be presented by the Spanish Ambassador to Romania, José Antonio Hernández Pérez-Solórzano, during the 21st edition of FITS, which will take place from June 21 to 30 2024 in Sibiu.
Romania’s profit share, defined as the proportion of value added distributed by non-financial corporations to capital rather than labour, fell for the second consecutive year to 48.1% in 2024, Eurostat reported on December 7. The ratio was 40.0% on average in the European Union, with below-average ratios in more developed countries such as France (32.2%) […]
The pension law "brutally violates the independence of the judiciary" and "de facto eliminates the service pension for magistrates," according to the reasoning published by the High Court (ICCJ) along with its decision to refer the magistrates' pensions law to the Constitutional Court, Ziarul Financiar reported. ...
The Romanian state, in a document on December 5, expressed its intention to take full control of the National Airports Company of Bucharest (CNAB), which operates Otopeni Airport and Baneasa Airport, where the minority shareholder Fondul Proprietatea has a 20% stake, Ziarul Financiar reported. The...
Romania's Interministerial Committee for Supporting the Implementation of Reform 9 (CNR9), led by deputy prime minister Oana Gheorghiu, has selected 17 state-owned enterprises from a total of about 1,500 to undergo initial screening ahead of potential restructuring or liquidation. The decision marks the first stage of a wider overhaul programme announced by prime minister Ilie […]
The retail sales volume index in Romania recovered for the second consecutive month in October, when it increased by 0.9% m/m after the 1.3% m/m advance in September – but it was far from fully recovering the 4.0% m/m plunge seen in August as an effect of higher VAT rate enforcement amid already negative consumer […]
Romania’s total market production index (TMPI), a composite indicator compiled by Eurostat that combines four short-term business statistics indicators covering most of the market economy, increased by 4.2% y/y in Q3 - the sharpest rise in seven quarters (+0.3% y/y in Q2) and twice the 2.1% average advance in the European Union. The seasonally-adjusted index […]
