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.
Some dinners are eaten. Others are remembered. At Corinthia Grand Hotel du Boulevard, the past few months have unfolded like a quiet culinary opera. One by one, Europe’s most celebrated chefs arrived, took over the kitchen of Boulevard 73 and left behind more than menus; they left stories. Now, on December 4, the curtain falls. […]
HORIZON CITY, a €130 million residential project, is emerging as one of the most solid and forward-thinking developments in the Pipera area—both through its scale and through the modern direction it sets for the new residential standards in the north. Developed across nearly 23,000 sqm, with 699 apartments and 926 parking spaces, the project brings […]
Romania’s National Forest Administration, or Romsilva, announced that it is putting over 16,000 Christmas trees up for sale over the winter in a press release published on Thursday, November 27. The trees can be purchased directly from the offices of the forestry districts. Prices range between RON 17 (EUR 3.3) for a spruce...
Lot 3 Pietroasele–Buzău of Romania's A7 highway, also known as the Moldova highway, was inaugurated on Thursday, November 27. The newly inaugurated segment is 13.9 km long. The A7 connects Romania’s historic regions of Muntenia, the southern part of the country, with Moldova, the eastern part. “We are opening another 13 km of the Moldova Motorway […]
The City Hall of Sinaia, a popular mountain town roughly 120 km north of Bucharest, announced that a new attraction, the alpine coaster on Pârtia Nouă, will officially open on December 1. The installation, located in the ski area near the Sinaia Gondola, features what the authorities say is the longest track of its kind […]
The Romanian national team debuted with a victory in Group A of the Women’s Handball World Championship, organized in the Netherlands and Germany. Romania won 33–24 (13–12) against Croatia in the Ahoy Arena in Rotterdam on Thursday, November 27. The Romanian team dominated the match in the second half, left backer Sorina-Maria Grozav scoring 7 […]
