The Ministry of Finance has processed the opening of budget credits worth 10.6 billion lei for the payment of all increased pensions, announced the relevant minister, Marcel Bolos, in a post published on his Facebook account. ' A new important transfer of funds carried out by the Ministry of Finances: we processed the opening of budget credits so that 10.6 billion lei will go today (Monday, September 30, 2024) to the National Pension House to ensure the paymet of all increased pensions (...). Now, the teams from the National Pension House and the Romanian Post Office will continue the process of distributing the funds, so that the payments are made on time' , Bolos said. The minister of finances also stated that the difference of up to 12.5 billion lei will be transferred for other social assistance rights.
The fund Cultura Face Bine, a national funding mechanism for cultural projects backed by private-sector financing, will begin supporting local cultural organizations in 2026. The fund aims to support grassroots cultural initiatives with a proven impact in their communities and which need resources to continue, develop, or transform their activities. The funding mechanism has been […]
The European Commission (EC) announced on Thursday, December 11, that it is referring Romania to the Court of Justice of the European Union (CJEU) for failing to meet obligations under Ambient Air Quality Directives. According to the Commission, Romania has not ensured that its national air quality monitoring network complies with legally required standards on […]
The Bucharest Court of Appeal (CAB) held an unprecedented press conference on Thursday, December 11, in response to allegations raised in a recent media investigation published by Recorder, with court president Liana Arsenie firmly rejecting the claims. However, at the start of the press event, a judge from within the institution publicly stated that the […]
Romania’s Superior Council of Magistracy (CSM) issued its first response to the Recorder documentary alleging systemic manipulation within the justice system, calling the investigation an amplification of a “campaign to destabilize judicial authority.” The council said on Thursday, December 11, that it will evaluate what measures need to be taken following the report. In a […]
MedLife, Romania’s largest private medical services network, announced on Wednesday, December 10, that it reached a market capitalization of EUR 1 billion on the Bucharest Stock Exchange (BVB). The milestone secures its position as “the most valuable healthcare company” in the country. The achievement came nine years after MedLife’s listing on BVB in December 2016, […]