At a meeting with the Foreign Investors Council (FIC) on Wednesday, Prime Minister Ilie Bolojan said that reform measures in Romania will continue to aim reducing public spending, improving the collection of government revenues and correcting economic imbalances."Attracting foreign direct investments is a priority for Romania in the coming years as well. We consider you, the foreign investors, as Romania's economic ambassadors and I want to send a clear message: although we are going through a period of challenges, Romania remains a country where investments with good returns can be made," Bolojan is quoted as saying in a government press release.FIC officials brought up the discussion of "ambitious government measures" to stabilise public finances, combat tax evasion and reduce arrears.During the consultations, both the prime minister and representatives of the Foreign Investors Council highlighted the importance of promoting a set of fiscal and economic measures that contribute to sustainable economic growth."The Prime Minister specified that the Executive will continue to support the policies dedicated to strategic sectors, balancing the trade balance, digitalising the administration, simplifying procedures and directing the workforce towards the real economy."Consultations between the government and FIC will continue at both governmental and sectoral level.The meeting at Victoria Palace government house was also attended by Mihai Jurca - head of the Prime Minister's Chancellery and Mircea Gutin - senior official with the Chancellery. (Photo:www.gov.ro)
“Catane,” a dark comedy inspired by real events and directed by Ioana Mischie, is set to have its first special screenings in Romania after a successful festival circuit. The film had its world premiere at the IFFI Goa festival in India and was nominated this year at the Hollywood Music in Media Awards for Best […]
Romania is among the European countries where water reserves are decreasing at an alarming rate, according to an analysis carried out by researchers from University College London in collaboration with The Guardian and Watershed Investigations. Scientists analyzed data from the period 2002–2024 provided by satellites that monitor changes in the Earth's...
George Smyth, 18, went missing on a hike near Romania’s famous Bran Castle more than a week ago. On November 23, the British citizen started to suffer from hypothermia and exhaustion and called the emergency services. Trying to locate him, mountain rescue services conducted searches over the next few days but were only able to […]
Over 107,000 people in Prahova and Dâmbovița counties, in southern Romania, have been without drinking water since Friday, November 28, due to problems at the Paltinu Dam. According to local authorities, the problems are set to persist until next week. The dam registered a drop in water levels, leading to problems in the water distribution system. […]
A special ‘Silent Day’ event will be held at the Bucharest Christmas Market in Constituției Square on Wednesday, December 3, aimed at creating a quieter and more accessible environment for children with sensory disabilities. The initiative is designed to make the festive market manageable for children who may struggle with loud noise, bright lights, and […]
Romanians have the highest level of trust in others in the European Union, according to the most recent Eurostat data for the year 2024, ahead of the usual leader of the ranking, Finland. The indicator ‘trust in others’ measures a person’s trust in people they do not know on a scale from 0 (‘I...
