The 2022 budget is a responsible, balanced and realistic one, capable of meeting the imperative financing needs and consolidate the economy in the medium and long term, Prime Minister Nicolae Ciuca said on Wednesday."Today we are discussing the state budget and the state social insurance budget for next year, the most important annual budgetary programming legislation. We have before us a balanced, responsible and realistic budget, capable of meeting the imperative financing needs and strengthen the economy in the medium and long term, capitalizing on the financial resources provided by the European Union. Romania has a responsible vision of fiscal and budgetary policies, a strategy of gradual fiscal consolidation, which can enhance and maintain economic growth at a level of over 4-5 percent on the reference horizon, aware that we need to use all the levers to prepare the economy in the event of future shocks," the prime minister said in Parliament's plenary.He noted that the 2022 budget is based on principles such as transparency, realism, avoidance of waste of public money, reconsideration of funding priorities in line with the European agenda.
Exim Banca Romaneasca diversifies its product portfolio and launches the Mastercard World card in EURO, a tool that enhances the payment experience for people who travel or work abroad, offering premium advantages, benefits, and rewards. The new EURO card from Exim Banca Romaneasca has as its main advantage the reduction of costs associated with transactions...
A report by cybersecurity company Refute uncovered a large-scale international influence operation targeting Romanian diaspora voters on TikTok ahead of the second round of Romania’s presidential elections on May 18. The report identifies approximately 32,500 TikTok videos containing slogans promoting the populist candidate George Simion and former candidate Călin Georgescu. Many of these videos are […]
Romania's gross domestic product (GDP) remained largely unchanged in the first quarter of 2025 compared to the previous quarter, according to flash estimates published on May 15 by the National Institute of Statistics (INS). The economy recorded a growth of 0.2% in gross series and 0.5% in seasonally adjusted series compared to the same quarter of […]
Iulius Mall Suceava has officially inaugurated its EUR 40 million expansion that transformed it into “the largest retail and entertainment hub in northern Romania,” according to the official announcement. Developed by IULIUS and Atterbury Europe, the project adds 16,500 sqm of new retail space, bringing the mall's total area to 60,000 sqm. The expansion introduces […]
The European Bank for Reconstruction and Development (EBRD) announced the launch of the second edition of its Star Venture program in Romania this week, following a first edition in 2022. The program provides high-potential startups with business expertise and access to finance. After the round of applications, 10 promising startups were shortlisted to showcase their […]
Non-profit BookLand started building last year a pre-university, dual-system campus in the village of Vultureşti, in southern Romania’s Argeş county. The campus will train pupils in various specializations, allowing them to work in industries ranging from hotels & restaurants to retail and food. More on how the project got off the ground and what it […]
