Romanian President Traian Basescu on Tuesday called on the Government to remain cautious and continue to cut public spending in the current difficult global economic context.
The Oradea City Hall won a European project of RON 375.1 million (EUR 75.5 million), of which RON 216.6 million (EUR 43.6 million) is financing from the Modernization Fund, which provides for the efficiency of the centralized thermal energy supply system. The investment targets the distribution networks of 19 thermal points in the municipality of […]
Transelectrica, the operator of the national energy transmission system in Romania, announced the entry into commercial operation of the 400 kV Reşiţa-Pancevo high-voltage line between Romania and Serbia. "Thus, the 400 kV Reşiţa-Pancevo OHL becomes the 11th 400 kV interconnection line between Romania and neighboring countries, reaffirming Transelectrica's commitment to developing energy infrastructure and integrating […]
Romania’s public debt reached RON 937 billion (EUR 188.3 billion) at the end of November 2024, according to data published by the Finance Ministry. The debt-to-GDP ratio reached 54.3%, based on the latest four-quarter GDP available (RON 1,725 billion as of the end of September), up from 54.0% at the end of October and 48.8% […]
Romania's general government budget deficit reached RON 153 billion (over EUR 30 billion) in 2024, nearly 70% more compared to 2023, according to data published by the Finance Ministry. The deficit-to-GDP ratio reached 8.65% based on the estimated 2024 GDP (RON 1,765 billion), up from 5.61% in 2023 and compared to an initial 5% target. […]
Film options abound, with themed programs dedicated to Paul Newman and the Marvel Universe, and there are plenty of exhibitions to discover. In Bucharest: Paul Newman weekend January 30 – February 2 Cinemateca Eforie marks 100 years since the birth of the American actor and director with a program including Cool Hand Luke and Cat […]
Dutch police have arrested three suspects in connection with the theft of Romanian archaeological masterpieces from the Drents Museum last Saturday morning, January 25. The suspects are currently in custody and being questioned, authorities
