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.
Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
