The coalition with PSD (Social Democratic Party) is a compromise and "it is not unconditional," the PNL (National Liberal Party) chair, Florin Citu, stated on Monday."We went to consultations after we made some decisions. (...) Now it's time that Romanians learn why we made these decisions in PNL. There have been two months in which a majority has not been found, we've tried several formulas and we've reached this compromise to make this governing coalition. (...) We make this governing coalition because all the other options if we did not make this coalition now were much harder for Romanians. It is an important moment. We took this decision, but I want to assure the Romanians that this coalition is not an unconditional coalition, I will monitor how this coalition will work and I will make sure that the interests of the Romanians will never be questioned and that the financial stability of Romania will never be put in danger. So I want to assure the Romanians that this coalition is a compromise that we are making at the moment, but it is not unconditional, we will continue to fight for the Liberal principles, you have seen them in the governing programme and we will always fight for them and we will always fight for these Liberal principles in this coalition," said Citu, at the PNL headquarters.He maintained that the PNL team of ministers had been validated by the list and no roll-call vote had been taken at the National Political Bureau meeting.
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The wooden church from the village of Oncești, one of the oldest monuments in the heritage of the Maramureș Village Museum “Mihai Dăncuș” in Sighetu Marmației, has been restored. The church has now returned to the tourist circuit through the support provided by the US Ambassadors Fund for Cultural Preservation, in a project coordinated by […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
