He highlights the growing importance of debt financing and secondary transactions as alternatives to traditional funding, explaining that "debt financing is stepping in to compensate for banks’ gradual withdrawal from traditional lending, driven by tighter regulations and...
Inspectors at Romania’s Consumer Protection Agency, or ANPC, closed nine economic operators inside the Sun Plaza shopping mall in Bucharest on Thursday, February 20, due to multiple irregularities. The inspection is part of a wider operation targeting malls in the capital city. Some of the problems highlighted by ANPC include the presence of cockroaches, food […]
A public petition addressed to the General Council of Bucharest (CGMB) has been signed by over 2,000 people, calling for significantly harsher penalties for illegal tree cutting in the city's green spaces. Initiated by the local group Parcul IOR Dispare/IOR Park Disappears and supported by the IOR-Titan Civic Initiative Group, residents of District 3 and...
Romania's football team FCSB qualified for the round of 16 of the Europa League on Thursday, February 20, advancing from the play-off against PAOK Thessaloniki, a team coached by Romanian Răzvan Lucescu. After winning the first leg 2-1, the Bucharest team secured a 2-0 victory in the return leg at the National Arena, with the […]
The Ethnographic Museum of Transylvania, a public cultural institution under the authority of the Cluj County Council, announced that it acquired Romania's largest collection of mărțișor, the traditional symbol of spring. The mărțișoare will be on display as part of a dedicated exhibition set to open on February 27. The exhibition, titled "Din pasiune pentru […]
Romania maintains its assessment that by 2032 it will double its electricity production and become a major energy exporter in the region, energy minister Sebastian Burduja said. For this, he added, "a smart energy transition is needed, which uses all of Romania's sources and resources to generate as much energy as possible." Romania is currently...
Moldovan president Maia Sandu received the Reinhard Mohn Prize 2025 on Thursday, February 20, and announced that she will be donating it to development projects in her hometown, Risipeni, in Fălești district. The award, given by the Bertelsmann Foundation, recognized Sandu’s efforts to strengthen democracy, promote the rule of law, and modernize Moldova. The small […]
