„Romania is “on time” in the process of joining the Organisation for Economic Co-operation and Development (OECD). Now we are in the stage in which hearings have already started”, said Luca Niculescu, the national coordinator for Romania's accession to OECD on Thursday. “In June 2022, OECD sent us a road map with all stages to be fulfilled for accession. We answered immediately, that is a few months later, in an initial memorandum, a document of 1,000 pages for which all institutions in Romania worked. We presented our estimates for adopting OECD practices, pricedures, and standards which we sent on December 15, 2022. All 26 committees sent a lot of questions, over 10,000 and hundreds of questionnaires. Until now we received 36 evaluation missions from committees ad many auditings. We are now in the stage when hearings, even final hearings in Paris have started”, said Niculescu at the AAFBR conference. He declared that Romania applied for OECD accession in 2004 when Adrian Nastase was premier. Luca Niculescu referred to an interview granted by the US ambassador to Romania to the local press in which he said that Romania was the most advanced of the 7 candidate countries to OECD. He also pointed out that there was a target set by the premier for Romania's accession in 2026. The Association of Financial-Banking Analysts from Romania (AAFBR) organized on Thursday ïts annual conference “Romania's path to excellence by joining the OECD elite”, an event that reached the 16th edition. The 2024 AAFBR conference was devoted to the process of Romania's accession to OECD.
The National Bank of Romania (BNR) ended 2024 with a profit of roughly RON 3.8 billion (EUR 760 million), a 58% increase compared to the previous year, despite the operations it performed to maintain the national currency's stability. The figures, published in a report on Monday, June 23, show that operating costs for 2024 were […]
Over half of Romanians trust the United States and the United Kingdom, according to the Informat.ro - INSCOP Research Barometer conducted between May 26–30, 2025. Only 11% trust Russia, with higher levels of trust from among far-right voters of the Alliance for the Union of Romanians (AUR) party. The United States is trusted by 52.8% […]
Prahova County launched construction on a major cycling infrastructure project aimed at connecting local vineyard towns and promoting green mobility and sustainable tourism. The initiative, titled “Establishment of Bicycle Lanes on Bachus’s Route,” represents an investment of over RON 25 million, with RON 21 million coming from non-reimbursable funds provided by the Environmental Fund Administration. […]
Forvis Mazars, the international audit, tax and advisory services partnership, is pleased to announce the launch of its International German-Romanian Desk, an initiative aimed at addressing the demand for integrated cross-border tax and legal support between Germany and Romania. The Desk combines a highly qualified German team of lawyers with an interdisciplinary Romanian team of […]
Last week, the BBC reported that Romanian authorities have launched an investigation into Tristan Tate, brother of controversial internet personality Andrew Tate, over allegations he broke election laws by posting political content on social media during the recent presidential elections. The investigation, opened by the Ilfov county police according to the British newspaper's sources, is […]
Bucharest is facing growing environmental challenges, with traffic-related air pollution, shrinking green spaces, and worsening climate impacts threatening the health and well-being of its residents, according to the latest “State of the Environment in Bucharest” report released by the Bucharest Community Foundation through the Environmental Platform for Bucharest. For example, air pollution has already reached […]
