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.
This article series tells the stories of the 15 finalists selected in the BVB Arena program. BVB Arena is the flagship program of the Bucharest Stock Exchange, dedicated to developing and promoting the Romanian entrepreneurial environment. The program’s goal is to select and promote Romanian companies that have the greatest growth potential and high chances […]
Salt Bank, the first 100% digital Romanian bank built entirely from scratch, has been named by Celent as the 2025 Model Bank for Digital Bank Launch. Celent is one of the world’s most prestigious research and advisory firms focused on technology for financial institutions. By receiving the title of "2025 Model Bank for Digital Bank […]
The 8th edition of the national educational program “Healthy Lifestyle, Diverse Nutrition and an Eco-Responsible Attitude” under the motto “Good for Taste, Good for Health, Good for the Planet!” has concluded. The program was organized by the Taste Celebration Association and funded by the Auchan Foundation with 100,000 euros. The program aims to convey to […]
Romania's budget deficit, meaning the gap between revenues and expenditures, reached 3.39% of GDP after the first five months of the year, while the new government grapples with balancing initiatives. The deficit increased compared to the first four months, when it stood at 2.95% of GDP, and remained roughly stable compared to the first five […]
eLog, a Balkan-based provider of reusable transport packaging systems for the retail sector, has entered the Romanian market by leasing 4,000 sqm of warehouse and office space at CTPark Bucharest North. The facility, developed by CTP, will serve as eLog’s first operational hub in Romania, supporting its expansion into local retail logistics. Specializing in Retail […]
More than three-quarters of Romanians (76%) see Artificial Intelligence as an opportunity for the economy and society, although half of them also acknowledge its risks, according to a new RoCoach and Novel Research study. Overall, over one-third of respondents (35.7%) believe that AI will primarily lead to job losses, even if new types of roles […]
