"They plan to change the time! At night, like thieves!" The leader of Romania's governing Social Democrats (PSD) Liviu Dragnea published this message on his Facebook page on Saturday, before the daylight saving time change and in a latest sign of defiance at the weeks of anti-government, anti-corruption protests that shook Romania earlier this year. His message, itself stolen from another Facebook page, mockingly added the hashtags previously used by protesters. The PSD leader retained this laid back attitude later during the weekend when he pictured himself with Prime Minister Grindeanu fishing in the Danube Delta, with the clear aim at to depict him as a humble disciple. Meanwhile, his partner in government, Senate Speaker Calin Popescu Tariceanu of ALDE, was discharging a key member of his party whom he accused of deviationism. But the really bad news is: the apocalypse comes smiling, inexorably. Dragnea took us all prisoners in his holey boat.
Romanian farmers are set to benefit from improved access to financing following a EUR 25 million loan granted by the European Investment Bank (EIB) to Agricover Credit IFN SA, aimed at supporting micro agricultural businesses across the country. The funding will be provided under the InvestEU mandate and is intended to boost productivity and promote […]
Romanians rank among the most satisfied homeowners in Europe, but rising housing-related costs continue to put significant pressure on household budgets, according to the RE/MAX European Housing Trend Report 2025. The study showed that 81% of Romanians are happy with their living situation, above the European average of 77%, while 83% live in owner-occupied properties, […]
The Grand Chamber of the European Court of Human Rights (ECHR) on December 15 ruled in favor of judge Cristi Danileţ in his case against Romania and ruled that the Romanian authorities had violated Article 10 of the European Convention on Human Rights that guarantees freedom of expression, which includes the right to hold opinions […]
Romanian car battery producer Rombat SA has been fined a total of EUR 20.2 million by the European Commission for breaching European Union competition rules, the Commission said in a decision announced on December 15. Rombat is a subsidiary of the South African automotive components group Metair. The Commission found that Rombat participated in anti-competitive […]
Romania’s industrial output rose by 0.3% y/y in October, despite a negative performance (-0.3% y/y) in the core manufacturing segment, thanks to a robust 6.6% y/y advance in the segment of utilities, according to data published by the statistics office INS. On a monthly basis, the seasonally-adjusted industrial output advanced by 0.4% m/m despite 0.5% […]
Romania’s gross external debt increased by EUR 22 billion in the first ten months of 2025 to reach EUR 225.5 billion at the end of October, equivalent to 61% of gross domestic product (GDP), according to data published by the National Bank (BNR). Long-term liabilities accounted for 78.7% of the total stock. BNR data showed […]
