President Klaus Iohannis signed on Thursday the decree for the promulgation of the Law on certain fiscal-budgetary measures to ensure Romania's long-term financial sustainability, the Presidential Administration informed.On September 26, the Government pledged responsibility for this package of measures.The package of fiscal measures aims to reduce "budget waste" and to put an end to the way in which "the powerful and with a lot of money thought they were untouchable", prime minister Marcel Ciolacu said on September 26.On September 29, Save Romania Union (USR), Forta Dreptei and two National Liberal Party (PNL) MPs signed the notification to the Constitutional Court of Romania regarding the package of laws that the Government has committed to responsibility in Parliament.On October 18, Romania's Constitutional Court rejected the complaint, its president Marian Enache explaining at that time that the procedure for adopting the law on fiscal and budgetary measures, by engaging the responsibility of the Government, respected the requirements of the Constitution and the jurisprudence of the Constitutional Court.
Exim Banca Romaneasca supports the development of Romanian companies by granting loans for investments and working capital under advantageous conditions, with European guarantees that can cover up to 70% of the financing value, following the signing of a guarantee agreement between the bank and the European Investment Fund (EIF). EIF guarantees can be accessed under […]
Romania’s Ministry of Investments and European Projects will introduce an open data type of reporting, with all 17,000 projects included in the EU-funded Recovery and Resilience Plan, or PNRR. The projects will be placed in a database indexable by location, type of beneficiary, or type of intervention, according to minister Dragoș Pîslaru. "We are talking […]
Romanian developer IULIUS announced on Tuesday, September 23, that it will invest EUR 29 million in “the largest bioremediation project in Europe by a private investor,” restoring 38 hectares of contaminated land in downtown Constanța as part of its EUR 800 million urban regeneration project. The site, once home to the city’s Oil Terminal platform, […]
The Prosecutor’s Office attached to Romania’s High Court requested that the European Parliament lift the immunity of MEP Diana Șoșoacă on Tuesday, September 23. The request relates to cases of unlawful deprivation of liberty, Holocaust denial, public promotion of the cult of persons convicted for genocide and war crimes, as well as fascist, legionary, racist, […]
Greek authorities have arrested two Romanian nationals on suspicion of espionage after they allegedly took pictures of the Hellenic Navy’s main base on the island of Salamina, the Coast Guard said on Tuesday, September 23, as reported by ekathimerini.com. The men, aged 52 and 22, were detained on Monday afternoon after Navy personnel spotted...
Last month, the Solis student team from the Technical University of Cluj-Napoca crossed the Australian desert from north to south over 6 days aboard the solar-powered car “Hyperion.” The crossing was part of the Bridgestone World Solar Challenge 2025, which took place on a 3,020 km route, from the cities of Darwin to Adelaide, crossing […]
