Delegates at the ordinary Social Democratic Party (PSD) Congress re-elected by secret electronic ballot on Saturday. Marcel Ciolacu as chairman of the Social Democratic Party and validated his candidacy for the presidential elections.Besides Marcel Ciolacu, the other members of the new PSD leadership were elected by the 2,253 delegates who voted 'in favour' at the congress, out of a total of 2,380 delegates convened at the congress, as follows: secretary general - Paul Stanescu, president of the National Council - Mihai Tudose; first deputy chairs - Sorin Grindeanu, Daniel Baluta; deputy chairs by areas - Florin Jianu - Entrepreneurship, SMEs and Business Environment; Lia Olguta Vasilescu - Labour and Social Protection; Gheorghe Soldan - Regional and Local Development; Gabriel Zetea - Administration and Infrastructure; Vasile Dincu - European Affairs; Victoria Stoiciu - Relations with NGOs and Civic Dialogue; Mihnea Costoiu - Education and Research; Elisabeta Lipa - Sport.A number of 2,257 delegates voted at the congress in favour of Marcel Ciolacu's validation as the PSD candidate for the presidential elections.
Romania's industrial production index contracted by 4.2% y/y in Q1 and neared the lowest level in the past three years, according to the statistics office INS. The seasonal and workday-adjusted index (-0.4% q/q) has followed a visible downward trend after the post-Covid recovery in 2021 and 2022. The seasonal and workday-adjusted index in Q1 was […]
The net foreign direct investments to Romania contracted by 29% y/y to EUR 4.87 billion in 12 months to March 2025, after a 33% y/y contraction (to EUR 1.67 billion) in Q1, according to data published by the National Bank of Romania (BNR). The net foreign direct investments accounted for only 1.4% of the GDP […]
Romania’s current account (CA) deficit rose by 50% to EUR 33.0 billion in 12 months to March 2025, after a sharp 82% y/y surge (to EUR 7.7 billion) in Q1, according to data published by the National Bank of Romania (BNR). The CA gap reached 9.3% of GDP (based on the latest available 4-quarter GDP […]
Romania's general government budget deficit hit 2.94% of GDP in January-April (RON 56.2 billion, or EUR 11 billion), up from 2.3% of GDP in Q1, according to Ziarul Financiar and
Microsoft, Google, and Continental are the most desired employers in Romania, according to a study conducted by Catalyst Solutions based on over 12,000 responses from participating candidates. In 2025, new entries into the top 100 include Altex Romania, BMW Techworks, and Electrica. The ‘Most Desired Employers’ study was conducted between November 2024 and April 2025 […]
Romanians living abroad are the first to cast their ballots in the second round of the 2025 presidential election, with voting officially starting on Thursday, May 15, at 22:00 Romanian time, when the polling station in Auckland, New Zealand, opens its doors, the electoral authority
