The draft law on the state budget for 2025 and the draft law on state social insurance were approved on Wednesday evening by the joint plenary session of Parliament.For the draft law on the budget, there were 254 votes in favour and 192 votes against, while for the draft law on state social insurance, there were 255 votes in favour and 192 votes against.The two draft laws will be sent for promulgation to the President of the country, and after the decrees are signed, they will be published in the Official Journal.This year, the state budget was debated in Parliament over two days.The 2025 budget draft was approved by the Government on February 1.The budget is based on an economic growth of 2.5% and a budget deficit of 7% of GDP.Finance Minister Tanczos Barna emphasised in the joint plenary session of the Legislature that the state budget for 2025 is a balanced budget, one that is based on a prudent increase in revenues, without exaggerations.He also pointed out that the Law on State Social Insurance provides "first and foremost, payments for pensions.""Regardless of who will be in power in three, four, or five years at the Ministry of Finance, Romania's commitment to the European Commission must be respected, step by step, we must reduce the budget deficit, and at the same time, maintain investments. Investments are the engine of the economy, and investments are maintained in this budget. (...) This budget is a balanced one, based on a prudent increase in revenues, without exaggerations," said the Finance minister.
A total of 77% of homeowners who answered a survey by ING and Ipsos said they implemented measures in the past three years to improve energy efficiency. The need to save on energy bills was the main driver of household modernization, the survey showed. Most respondents (62%) said they did so to reduce energy costs, […]
The Romanian Constitutional Court (CCR) has ruled that a series of tax increases, including higher levies on housing, land, cars based on pollution norms, and stock market gains, may take effect starting January 1, 2026, Biziday.ro reported. The Court rejected a challenge filed by the opposition party AUR against the government’s fiscal reform law, on […]
A major animal-welfare campaign is happening in Iași this weekend, where one of Romania’s biggest charitable events dedicated to shelter animals will take place this Saturday, December 13. Now in its 18th edition, Ai cumva o păturică? (Do you happen to have a blanket?) aims to expand nationally starting in 2026. This year’s event begins […]
Cluj-Napoca, in western Romania, will host next year the first edition of the Central European Olympiad in Artificial Intelligence (CEOAI), an annual competition for secondary school students, Edupedu.ro reported. The event will be held from July 14 to July 19, 2026, at Babeş-Bolyai University in Cluj. The...
Romania has issued more than 217,000 temporary protection permits to Ukrainian citizens since the start of the war, while a total of 4,534 Ukrainians have applied for asylum in the country, according to data released by the General Inspectorate for Immigration (IGI) and quoted by Agerpres. The IGI reported that between...
Tekpon, a Romanian-founded software solutions marketplace, announced that it acquired the TNW (The Next Web) brand from The Financial Times. The deal targets full ownership of the TNW media and events brands, which cover and convene the European technology ecosystem, from the FT. “The transaction is Tekpon’s largest investment in media and events so far. […]
