Powered by Max Banner Ads Becali was sentenced to three years of imprisonment and Babiuc and Cioflina to two years. The Court also froze the businessman’s land and other properties, and ordered him to pay pecuniary damages. Businessman Gigi Becali last night was sentenced to three years of imprisonment and disqualification from certain civil rights for [...]
The Romanian Ministry of Finance raised RON 1.66 bln ( EUR 330 million) from the population in the July edition of its Fidelis government bond programme, maintaining the same level as the June issue and significantly exceeding the RON 1.18 billion subscribed in May. Despite the consistent demand, July’s subscription remained below the record set […]
Romania’s current account (CA) deficit surged by 43% y/y to EUR 33.6 billion in 12 months to May 2025, driven by each of its main components but particularly by the 17% y/y wider trade deficit in goods, according to data published by the National Bank of Romania (BNR). Romania’s CA gap thus hit 9.5% of […]
Environmental non-profit Agent Green announced that it filed a criminal complaint with the Argeș County Prosecutor's Office over the recent tragedy in the Făgăraș Mountains, where a bear was shot after killing an Italian tourist on the popular Transfăgărășan...
The service center for the banking Societe Generale Group, the Societe Generale Global Solution Centre, announced the appointment of Laurent Mirjol as Chief Executive Officer, effective June 1, 2025. The new CEO will oversee the activities and develop the strategy of Societe Generale Global Solution Centre Romania. With over 20 years of experience in the […]
During a press conference held on Monday, July 14, Romanian president Nicușor Dan defended the recent tax hikes enacted by the government, underlining the need to reassure creditors and lower the country’s public debt. Nevertheless, he said that the VAT increase was decided by the government. In the presidential campaign, then-candidate Nicușor Dan promised to
The famous Pompidou Center in Paris will organize a retrospective of the complete works of Romanian director Radu Jude between September 23 and October 11. The retrospective brings together films made over twenty years by the prolific Romanian director. The event will open and close with two of the most recent films, namely “Kontinental 25” […]
