On Thursday, president Nicusor Dan had new consultations with parliamentary parties about the future government. PSD said, after talks, that by the end of the day there would be an assumed package of fiscal measures, while USR said it was ready to “fight” next to premier Ilie Bolojan. Later on, Nicusor Dan and Ilie Bolojan met on Thursday night, at Cotroceni, but did not reach an understanding about tax rises, sources from the Presidential Administration declared for HotNews.ro. Political sources say that Bolojan had insisted on VAT increases and conditioned the take over of the prime minister position on the application of that measure. Talks between Nicusor Dan and Ilie Bolojan began at 4.00 p.m. and the PNL leader asked for a VAT increase from 19% to 21% in the ruling program, since it was, in his opinion, the only solution meant to rapidly increase budget incomes. Moreover, according to political sources quoted by TV news, Bolojan told the president that he refused to become premier if the head of state did not accept the 21% VAT rise. But the president opposed that solution and said he had made a promise during the election campaign and would not infringe it. The premier nomination was postponed for the following days. The variant of technocrat premier was brought to the fore by Dan and Bolojan at their meeting on Thursday night. Althought initially new talks among PSD, PNL, USR and UDMR party presidents with Nicusor Dan had been scheduled for Thursday, 9.00 p.m., the meeting was cancelled following the failure of negotiations between president Dan and Ilie Bolojan, according to sources from a party attending the negotiations.
How to Web Conference, the leading startup and technology event in Eastern Europe, will host multiple programs and formats for over 550 startups at its 2025 edition, taking place on October 1–2 in Bucharest. These programs are designed to support early-stage startups by offering valuable opportunities for growth, investor connections, and showcasing their innovations. “Our […]
Romanian state-controlled nuclear power producer Nuclearelectrica (SNN) posted a higher-than-expected net profit in the first half of 2025, as stronger financial income offset a surge in windfall tax expenses, brokerage firm Swiss Capital said in a note published on Monday on BVB Research Hub. The company booked a net profit of RON 867...
Romania’s Energy Ministry unveiled the energy voucher platform on Wednesday, August 20. Citizens with low incomes who register on the platform will receive aid worth RON 50 (EUR 10) per month to pay for their electricity bills. Not everyone is eligible for the state aid. Only single persons with incomes below RON 1,900 (EUR 375) […]
Romanian prime minister Ilie Bolojan will go on a working visit to the Republic of Moldova on Saturday, August 23 - his first as head of the executive. The visit will include a series of activities carried out together with the prime minister of the Republic of Moldova, Dorin Recean. According to the government, the […]
Romania’s famous Mud Volcanoes, located in the southern Buzău County, were recently scanned by experts from the National Institute for Earth Physics Research and Development with the help of drones equipped with modern sensors, in order to better understand the structure of the soil and the associated risks. INFP specialists, together with their partners Skyline […]
Romania’s residential market posted record apartment sales in July as buyers rushed to finalize transactions before the removal of the reduced VAT rate and the increase in the standard VAT from 19% to 21%, according to real estate consultancy Colliers. The VAT change came into effect as of August 1, driving a surge of last-minute […]
