Prime Minister Nicolae Ciuca reiterated on Monday that in a crisis situation, as the one Romania is going through, the only solution is investment, and the role of the Government is to support them through public policies that have as a purpose ensuring stability and economic development."It must be emphasized that Romanians had to face a health crisis, then the economic crisis and starting with February, we are also facing a security crisis, a war at our border, in the neighboring country, Ukraine, following the invasion of the Russian Armed Forces," said Nicolae Ciuca in an interview at Radio Romania News (RRA)."What I want to emphasize is that at this moment, in order to protect the economy, to protect jobs, to create mor jobs, we need the business environment, Romanian entrepreneurs to be supported and I would like for us to understand this period as being directed to ensure stability and, as much as possible, the development of our country's economy. We have had frequent meetings with Romanian and foreign investors. This relaunch, this stability and, why not, the relaunch of the economy, we can only achieve together. This is the role of the Government, to come with policies to encourage and support investments, and the business environment must continue development plans, and for this it needs predictability, it needs legislative stability and, of course, we need to maintain this permanent dialogue with them to understand the reality, to understand the opportunities and, of course, we must be able to do risk management," said Ciuca."And these publicly-announced appreciations are very good signals for investment needs. We have raised no tax, and this predictability is an important asset. This year we have the greatest investment budget in the last 30 years earmarked in the budget - 88 billion RON. Furthermore, we have taken all measures to be able to absorb, to attract as high as possible a sum from European money - we are talking about 80 billion euro -, that ensure both stability, as I was saying, but also offers the possibility of developing the economy, it offers the possibility of ensuring jobs, it offers the possibility to think that through this economic growth we may ensure for Romania a reduction of the gap between the countries in the east and those in the west," Ciuca also said.
Loud screens and noise stress young children and affect their development Sound pollution in Romanian homes affects children's learning, play, and sleep, who are more vulnerable to noise than adults Studies show that children exposed to TV for 2 hours daily are 6 times more likely to experience language development delays Renowned doctor: Experiences actually […]
Estonian cinema will take center stage at the 24th edition of the Transilvania International Film Festival (TIFF) in the Focus Estonia program, presenting a curated selection featuring both recent releases and rediscovered classics, screened in restored versions. Among the films to be screened is Moonika Siimets' The Black Hole (2024), a dark sci-fi comedy inspired […]
The ITH Group, which includes the portals Vola.ro, Fru.pl, and GoVola.com and operates in Romania, Poland, and Bulgaria, announced the direct integration of LOT Polish Airlines flights into its own platforms. The collaboration strengthens the group’s position as a regional leader in flight ticket distribution, according to its press release. This will be achieved through […]
In a ruling handed down on Tuesday, May 13, the Bucharest Court of Appeal rejected a request by US authorities for the extradition of a 17-year-old Romanian student. The youth is accused of sending hundreds of bomb threats and manipulating underage girls into engaging in acts of extreme violence, sexual exploitation, and self-harm. Aside from […]
Accor, a global leader in hospitality, has announced the expansion of its presence in Romania by signing a franchise agreement with Amazonia Aquapark SRL for Novotel Timișoara. The newly built hotel is scheduled to open by the end of 2027, marking the brand's first property outside Bucharest and becoming a flagship for Novotel in Eastern […]
A survey published on Wednesday, May 14, by the Open Minds Association shows that Romanians strongly support respect and mutual support in the workplace, signaling that the business environment can play a critical role in supporting social unity. According to the first data set from the “Diversity and Inclusion Barometer,” May 2025 edition, 81% of […]
