At the ongoing Agriculture and Fisheries Council meeting, Romania applied with the European Commission for the extension of the Temporary Crisis and Transition Framework in the sector of agriculture until June 30, 2025, as well for the increase of the individual aid amount to EUR 560,000 per agricultural enterprise, the Ministry of Agriculture and Rural Development said in a release on Monday.The ministry's Secretary of State Sorin Moise participates in the meeting of the Agriculture and Fisheries Council taking place in Luxembourg between October 21 - 22.An important point on the Council's agenda is represented by the conclusions regarding a post-2027 Common Agricultural Policy (CAP) oriented towards farmers, and in this sense the Agriculture ministers will seek to approve a set of conclusions regarding the future post-2027 CAP.Also, based on the information provided by the EU Presidency, the Council will discuss the main challenges facing the EU food chain."Romania reiterates the need to extend the application of the Temporary Crisis and Transition Framework in the agricultural sector, as well as to increase the individual aid amount per agricultural enterprise. Thus, Romania and its partners request the European Commission to urgently analyze the realities faced by farmers and put up the individual ceiling applicable to the primary agricultural sector to EUR 560,000 per beneficiary. In order to prevent the farmers' bankruptcy and support the sector's recovery, Romania suggests the extension of the timeframe of this aid until at least June 30, 2025," the release states.The Hungarian EU Presidency will publicly provide the Council with information on: the outcome of the conference on the prevention of food waste (Budapest, October 1, 2024), the outcome of the meeting of the CAP directors (Budapest, September 10 - 12, 2024), and the outcome of the conference of the directors of EU payment agencies (Budapest, October 16 - 18, 2024).
Roughly 8 out of 10 chief financial officers, or CFOs, from Romania’s largest companies say they now need constantly updated financial forecasts, unlike previous years when the focus was primarily on financial results, budgeting, and accounting, according to Inulta, a company specializing in Corporate and Enterprise Performance Management. The forecasts come to offer a degree […]
Romanian prosecutors have placed a precautionary seizure on the accounts and assets of the mercenary Horațiu Potra, in a case of tax evasion, embezzlement, and money laundering. The measure targets over RON 24 million, nearly 30 kilograms of gold, a property in Bucharest, and 11 properties and apartments in Sibiu. According to investigators cited by […]
The first sales figures from two of the largest European markets, France and Germany, both major markets for the Dacia brand, show that the debut of the carmaker's largest SUV, the Bigster, has been impressive. June data on car registrations in Germany show that the Dacia Bigster managed to sell 1,227 units in its second […]
After a 2024 marked by adaptation and consolidation, Romanian eCommerce entered 2025 with a more restrained dynamic. According to MerchantPro Compass, the biannual analysis conducted by MerchantPro, a SaaS eCommerce platform supporting over 2,000 active online stores—the first half of this year confirms a paradigm shift: it’s no longer about how much you sell, but […]
The TIFF Unlimited Caravan is hitting the road for the 16th consecutive year, bringing a diverse selection of Romanian and international films to audiences across the country. From July to September 2025, the traveling film series will stop in ten towns and cities, offering outdoor and indoor screenings of comedies, love stories, and family-friendly films. […]
Home sales decreased by 3.4% in Romania in the first six months of 2025 when compared to the result registered in the same period last year. Sales were down 7.9% in Bucharest and Ilfov in the same period, according to a market analysis issued by real estate consultant SVN Romania and based on official statistics […]
