Regarding the possibility of Romania handing over a Patriot defense system to Ukraine, National Liberal Party (PNL) chairman, Senate president Nicolae Ciuca said on Monday that this topic should not be politicized, noting that the decision will be made at the highest level, after analyzing the responsible structures in the field and within the Supreme Council for National Defence (CSAT).Asked if it would be appropriate for our country to donate such a system to Ukraine, Nicolae Ciuca answered: "Here, someone's personal opinion does not matter, not even mine, it is such a complex issue that we must have an analysis on the table as it can be well developed, covering as much as possible all factors and all consequences".Prime minister Marcel Ciolacu declared on Sunday evening, on the Antena3 private television broadcaster that the minister of Defense, Angel Tilvar, has great reservations about Romania giving a Patriot defense system to Ukraine, noting that he did not discuss this issue with president Klaus Iohannis and that the decision will be made in the CSAT.On May 7, president Klaus Iohannis stated, after being received at the White House by his American counterpart, Joe Biden, that Romania will find a solution regarding the transfer of a Patriot air defense system to Ukraine.
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
