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.
NEPI Rockcastle, Central and Eastern Europe’s largest owner and operator of shopping centers, has inaugurated its first photovoltaic park in Chișineu-Criș, Arad county, in western Romania. The investment is part of its green energy programme, which includes a EUR 110 million plan for photovoltaic projects across Central and Eastern Europe. According to the company, these […]
A Romanian man sneaked into the museum five days before the theft of the Cotofenești Helmet and the Dacian gold bracelets from the Drents Museum in the Netherlands. The new information, revealed from the criminal case by Dutch RTL Nieuws, shows that Andrei B. is believed to have...
Romanian construction company Concelex has secured a contract worth over RON 49 million (EUR 9.7 million), excluding VAT, to modernize the Arad Penitentiary. The project will focus on improving living conditions, energy efficiency, and safety standards across four detention pavilions and one technical building, the company said. The modernization works, covering nearly 18,000 sqm, will […]
The historic Casa Petrescu/Petrescu House, a late 19th-century architectural landmark in central Bucharest, has been sold to the District 1 Local Council for EUR 1.7 million, Romania Sotheby’s International Realty announced. The property will be restored and transformed into a cultural and educational center for the local community. Built in 1895 by merchant Dimitrie Petrescu, […]
Average budget for experiential gifts: 650 lei. Flight simulator, sports car driving, and wine tastings, the top choices of the past decade. Complice.ro, curator and provider of experiences for individuals and companies, celebrates its 10th anniversary, highlighting the maturity of Romania’s experiential gifting market. What started with occasional gift packages has evolved into an integral […]
Former great gymnast Nadia Comăneci was present at the start of construction for the gymnastics hall that will bear her name, a project carried out by the Țiriac Foundation in Otopeni. In the summer of 1976, a then-14-year-old Nadia Comăneci received the first perfect 10 in the history of Olympic gymnastics, immortalizing her name in […]
