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.
SCUT, Romania’s newest cybersecurity company, has officially launched the concept of the digital cyber shield — a unified approach, co-created with Orange Cyberdefense — that provides a high level of protection, complete visibility, and coordinated assistance in the event of a cyberattack. The event, organized in Bucharest, brought together industry experts, partners of the new […]
The Romanian engineering and technology company Simtel (BVB: SMTL) announced on Tuesday, October 14, that one of its companies will open a factory in Băicoi, Prahova, to produce industrial cleaning robots. Simtel has a 51% stake in Agora Robotics, the company that will operate the factory set to open in November. “We already have a […]
Over 50 civic and environmental organizations are calling on the General Council of the Municipality of Bucharest to increase fines for illegal deforestation. At the moment, the fine for the illegal cutting of a tree is only RON 50 (EUR 10), or even RON 25 (EUR 5) if paid within 15 days. The organizations have […]
Nearly seven out of ten Romanian employees say their job negatively impacts their overall wellbeing, while only 37% receive any form of non-wage benefits, according to a new study conducted by Reveal Marketing Research in partnership with Up Romania. The research explored how Romanians define complete wellbeing, or “Wellbeing 360°,” and what factors most influence […]
Former presidential candidate Călin Georgescu asked the Supreme Council of Magistracy (CSM) to take measures against president Nicușor Dan for allegedly pressuring judges and interfering in the justice system, G4media.ro reported. The far-right...
Technology company Endava has signed a framework agreement with Romania’s Authority for Digitalization (ADR) to support the migration of at least 30 government applications to the new Government Private Cloud, a project funded through the National Recovery and Resilience Plan (PNRR). The collaboration marks a major step in Romania’s digital transformation strategy, aimed at creating […]
