Romania has used funds from the European Bank for Reconstruction and Development (EBRD) of more than one billion euros for investments over the last 30 years, and the amount could reach up to 7 billion euros, Victoria Zinchuk, EBRD director for Romania, said on Thursday at the 7th edition of the Critical Infrastructure Protection Forum (CIP Forum), as part of the Digital Innovation Summit Bucharest (DISB) 2024.The EBRD has so far provided the largest amount of funding to waste and wastewater projects in Romania, without which many of you ,who are probably not necessarily from Bucharest, would not be able to access these services. We also provide funding for urban transport solutions. We are looking at opportunities to really make sure that we provide a better life for those people living in Romania and other countries where the EBRD operates, said Zinchuk.She also gave some examples of projects implemented in Romania that have benefited from EBRD funding, mentioning that improving infrastructure can also lead to better demographics in Romanian society.Discussions and exchange of ideas on topics related to innovation and cyber security will continue on Thursday at the Digital Innovation Summit Bucharest (DISB) 2024, an event organized by the National Institute for Research and Development in Informatics ICI Bucharest under the High Patronage of the Chamber of Deputies speaker.
Romania’s National Agency for Fiscal Administration (ANAF) is preparing to seize the main residence of former president Klaus Iohannis to recover a debt of about EUR 1 million, Antena3.ro reported, as quoted by B1tv.ro. The sum stems from rent revenues that were...
Romania’s president Nicușor Dan has pledged to tackle the judiciary’s weak performance once the issue of magistrates’ pensions is resolved, G4media.ro reported. The statement has sparked debate over...
The real estate developers can charge no more than 5% of the value of a contract as payment in advance, based on a preliminary note, and will have to return the money to the customer unless it signs the contract or promissory note within 60 days due to the sole default of the developer, according […]
Romania’s public health insurance system collected an additional RON 500 million (EUR 100 million) in August–September following the implementation of the first package of fiscal reforms under Law 141/2025,
The average net wage in Romania increased by only 4.6% y/y to RON 5,499 (EUR 1,075) in the third quarter of 2025 (Q3), slowing down from +7.6% y/y in Q2 and +9.7% y/y in Q1 and a double-digit rate in 2024, according to data published by the statistics office (INS). The rising inflation, at 9.2% […]
Romania’s central bank (BNR) on November 12 decided to keep the monetary policy rate at 6.5%, in line with the consensus expectations. It has also updated the Inflation Forecast, anticipating a widening aggregate demand deficit with an impact on the disinflation trajectory, particularly after the end of September 2026, when the transitory inflation episode subsides. […]
