Romania will negotiate with the new European Commission a seven-year agreement to re-enter the 3% deficit target, prime minister Marcel Ciolacu said on Tuesday, claiming that our country is in a period of "accelerated" development and it is very important that investments continue."What I can tell you is, for example, that the World Bank gave us a loan to cover the deficit. I suppose that the World Bank saw the pace of Romania's development and did not consider it a risk for an investment in Romania," Ciolacu said, when asked what measures to reduce spending were discussed by the coalition on Monday in order to reduce the budget deficit.According to him, the government should be allowed to negotiate with the European Commission regarding the budget deficit."We have to decide, do you want to enter the logic in which, in two months, if you want, I stop any investment and we have a 3% deficit? I don't have a problem. With all the expenses that have increased in salaries and you know well that the expenses in salaries have increased last year in education and health, after a social crisis and after the biggest strike in the education system. (...) I repeat, I prefer you to ask me daily about the deficit and to continue the investments. I don't stop investments in Romania. (...) Let us negotiate with the Commission. These things are not publicly negotiated," Marcel Ciolacu pointed out, adding that other European states also have to manage the problem of excessive budget deficit.He also pointed out that in the discussions that took place in the coalition meeting on Monday it was agreed that the VAT will not be increased.The prime minister participated on Tuesday in the Business Forum organized at the Palace of Parliament, on the occasion of the meeting of the Partnership for Transatlantic Energy and Climate Cooperation.
Six men and one woman from Romania have been accused of recruiting dozens of children and adults from foster care centers, whom they then transported to Hungary, where they turned them into slaves, forcing them to work under inhumane conditions. The accused are from the localities of Ozun and Chilieni, Covasna County, Romania, and allegedly […]
The Museum of Collectivization, the first in Romania dedicated to the forced collectivization period of the communist era, is set to open a new wing, Corp B, funded through the EU-backed National Recovery and Resilience Plan (PNRR) and co-financed by the National Cultural Fund Administration (AFCN). With the new building, the museum located in Tămășeni, […]
Romania’s “Madrigal – Marin Constantin” National Chamber Choir, conducted by Anna Ungureanu, will be in Luxembourg and Belgium, as part of the “Bridges Across Europe/Punți peste Europa” European tour, where it will perform five extraordinary concerts. The performances will take place between November 20 and 25, with the help of the Ministry of Culture, the Romanian Embassy […]
The European Development Bank approved a EUR 140 million loan for Romania’s “Cultural Foundations” project, aimed at preserving historical monuments and constructing cultural buildings in the country. The project targets 14 investment objectives of national and European relevance, administered by public institutions under the Ministry of Culture, including the Romanian Athenaeum, the Romanian National Operas […]
Bucharest, November 14, 2024 – Exim Banca Romaneasca offers clients the possibility to verify the true identity of the beneficiary when initiating a payment in RON through internet or mobile banking. This is enabled by the bank’s adoption of the Beneficiary Name Display Service (SANB), which helps prevent fraud and reduces erroneous transactions caused by […]
Fifty NGOs and civic groups, along with the Bucharest Environmental Platform, have drawn up an open letter calling on Romania’s Ministry of Environment, Waters, and Forests to urgently approve the Management Plan for the Văcărești Natural Park in Bucharest. They say the plan has been pending approval for nearly a year. The non-profits noted that […]
