President Klaus Iohannis announced on Monday that he has decided to nominate Dacian Ciolos as a candidate for the position of prime minister."Political parties have come up with different approaches, with different proposals, as these parties' representatives have also presented to the public opinion. From all these proposals, I have retained one that I will put into practice, namely I have decided to appoint Mr. Dacian Ciolos as candidate for the position of prime minister," said Iohannis, in a statement held at the Cotroceni Presidential Palace.He stressed that in talks with parliamentary parties and formations, he reiterated the importance of managing the pandemic situation and the rising energy prices, the National Recovery and Resilience Plan (PNRR) and winter preparations, "regardless of who governs.""In all the talks we have reiterated the importance of issues that need to be resolved regardless of who governs. It is extremely important to manage the pandemic well. It is very important to manage rising energy prices and to take measures so that the other prices do not increase at an unbearable level for the population. It is very important to benefit from the large amounts that Romania can have through PNNR and not to give up on this opportunity. I also reiterated the importance of the preparations for the winter period and I emphasized that these are the really important issues for Romanians and not the political quarrels between different actors," Iohannis said.The head of state had consultations with parliamentary parties and formations on Monday in order to nominate the candidate for the position of prime minister.
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 […]
