Prime Minister Nicolae Ciuca met on Wednesday with representatives of the business community and the banking sector to analyze the impact of the conflict in Ukraine on the economic situation in Romania.According to a Government's release, the talks focused on developing the country's energy independence, public and private investment, as well as possible vulnerabilities caused by the conflict in Ukraine, such as a possible decline in global car production.The effect of the fake information spread in the public space in the current context was also analyzed, the participants in the meeting agreeing that a joint effort is needed in combating this phenomenon."Unfortunately, this part of fake news catches on very easily, while the arguments are taken over and understood much harder. You should know that everyone needs to make efforts to stop this phenomenon," Prime Minister Ciuca said.According to the Government, the issue of increasing anxiety among the population amid the border conflict has also been addressed. "We need, more than ever, a call for calm, solidarity and a message of unity: we will support jobs, we will support the economy. We need everyone to communicate that we have the capacity to get over this situation. We call for calm," said the Minister of Finance, Adrian Caciu, present at the discussions.All the topics addressed will continue to be discussed in depth in future meetings, which will take place regularly, the Government said.
Daniel Christian Hulea, a Romanian man accused of contributing to the NetWalker ransomware attacks, has been sentenced to 20 years in prison after pleading guilty to conspiracy to commit computer fraud and wire fraud, according to a public announcement from the US Department of Justice. NetWalker was a Ransomware-as-a-Service operation launched in 2019, which recruited […]
The new Romanian government, headed by the same Social Democratic prime minister, Marcel Ciolacu, recently made its governance program public. Among its objectives are reducing the level of bureaucracy, maintaining the flat tax rate, and reducing the budget deficit to 7% in 2025. To reach its goals, the government reduced the number of ministries to […]
The European Commission (EC) announced on Monday, December 23, that it disbursed payments under the Recovery and Resilience Facility (RRF) to Czechia, Germany, Italy, Portugal, and Romania, totaling EUR 26.8 billion in loans and grants. Under this latest disbursement, Romania received EUR 37.05 million as part of its second payment request. By comparison, according to the...
Romanian film trilogy Moromeții, directed by Stere Gulea, will be presented at the 54th edition of the Rotterdam International Film Festival, taking place from January 30 to February 9, 2025. This renowned European event, which annually presents hundreds of films across more than 20 sections, will feature the three films - Moromeții (1987), Moromeții 2 […]
Romania issued state aid worth EUR 1.3 billion during 2019-2023, with 62% of the projects being granted to foreign companies, according to an analysis conducted by EY Romania. The sectors that benefited the most from aid were the automotive industry, technology, manufacturing (light industry), medical industry, and the food and beverage industry. According to the […]
The Abracadabra – Secrets of Magic interactive exhibition will transform Arcub – Hanul Gabroveni in Bucharest into a magical universe starting December 27, 2024. Running until May 4, 2025, the event offers visitors the opportunity to explore a labyrinth of magic, featuring over 20 interactive attractions and more than 500 live performances by MAGITOT and […]
