Romania’s central bank kept its main interest rate unchanged for the first time in eight months, halting a series of cuts after the currency plunged because of increased political risks.The Banca Nationala a Romaniei left its monetary-policy rate at 5.25 percent, the Bucharest-based bank said today in an e-mailed statement. Six economists surveyed by Bloomberg after the government fell on April
Romania’s Supreme Council of National Defense (CSAT) is meeting Wednesday morning at Cotroceni Palace to analyze the temporary deployment of military capabilities on the country’s territory, reportedly following a request from the United States. The council will also assess the impact of recent developments in the Middle East on Romania’s oil market. According to the […]
Half of young European adults, including Romanians, feel disappointment, fear, anger, or sadness when encountering political and societal discussions on social media, according to the Finnish Innovation Fund Sitra’s new...
Ukrainian president Volodymyr Zelensky is expected to visit Romania on Thursday, March 12, according to sources from the Presidential Administration cited by Euronews Romania. During the visit, he is scheduled to meet Romanian president Nicușor Dan in Bucharest. The trip would mark Zelensky’s return to Romania after his first...
The representative of the Republic of Moldova at the Eurovision Song Contest 2026, Vlad Sabajuc, known by the stage name Satoshi, officially released the music video for the song “Viva Moldova,” the country’s entry into the competition. Directed by Roman Burlaca and filmed with the support of cinematographer Nicu Lungu, the video features dancers from […]
Construction company Concelex secured the tender for the construction of the Dan Păltinișanu Stadium in Timișoara, according to an announcement made on Tuesday, March 10. The investment is valued at EUR 140 million and must be completed by 2028. The winning consortium was led by Concelex and included Construcții Erbașu, Concelex Engineering SRL, and Terra Gaz […]
German group IREKS, an international producer of baking ingredients for bread and for confectionery baked goods, acquired a land plot of roughly 13,000 sqm in Chitila, close to Bucharest. The company plans to develop a new administrative headquarters and a logistics warehouse on the site, according to Cushman & Wakefield Echinox, which brokered the deal. Based […]
