Romanian analysts expect 1.5% economic growth this year and the same rate for 2025 when downside risks could bring the GDP growth rate towards 1.0%, according to representatives of the CFA Society Romania unveiling the results of the latest poll among its members, conducted at the end of September.
Some of the analysts expect an economic recession next year.
Regarding the fiscal correction package, a VAT rate hike is most likely since "consumption is the one that has supported the...
Roughly 45.7% of Romanians believe the country’s May presidential elections were rather unfairly organized, while 50.4% believe they were fair, according to a survey by INSCOP Research. Romania's previous presidential elections, which saw centrist Bucharest mayor Nicusor Dan emerge victorious, saw extreme polarization. Immediately after...
CARFIL Brasov, central Romania, is set to begin production of three types of Romanian military UAVs this year, news agency Agerpres reported. The drones, named Cuda, Sirin, and a marine drone, were unveiled at the Southeast Europe Special Operations Forces Forum 2025 (SEESOF) in Targu Mures, the first international expo-forum dedicated to the special operations forces. ...
The National Meteorological Administration of Romania, or ANM, aims to become a European regional hub for professional training in the field of climate change, according to director general Elena Mateescu. The official noted during “The Future of Agriculture” forum held on Thursday, June 5, that the ANM has already completed the European Agrometeorology Center, which […]
Romania’s Interior Ministry (MAI) and Defense Ministry (MApN) have warned of ongoing disinformation campaigns on social media aimed at manipulating public opinion. The latest wave of false claims includes reports about the imposition of martial law and border closures, seeking to heighten public anxiety over the risk of war. Romanians, whether abroad or within the […]
The International Monetary Fund (IMF) issued new recommendations to Romania, among which is an increase in VAT, but also excise duties, dividend taxes, and the introduction of two income tax rates of 15% and 25%. At the same time, it recommends the reduction or elimination of the health insurance contribution, as well as a change in […]
A new section of the Via Transilvanica trail was officially inaugurated on Thursday, June 5, in Brașov county, connecting 18 localities over more than 170 kilometers from the village of Viscri to the heart of Brașov. Named Terra Borza Teutonica, the newly added stretch highlights the natural beauty and rural heritage of the region and […]
