Romania’s deficit of the trade in goods has widened by 18.4% y/y to EUR 8.4 billion in Q3 as the imports (+4.9% y/y) are stimulated by private and public demand while the exports (+0.7% y/y) dwindle amid problematic industrial development and consumer confidence in Europe.
The 18.4% y/y advance looks impressive, but it’s more of an effect of volatility, while deeper concerns are related to the structure of the trade deficit. Romania is increasingly importing consumer and hopefully...
Bucharest mayor Nicușor Dan recently stated that conservation and protection works at Hanul Solacolu are continuing with a focus on the first-floor level of the main building and the installation of the first beams that will support the temporary roof. The building dating back to 1859 is one of the capital’s iconic buildings, and was […]
More than 390,000 people visited the retrospective dedicated to the Romanian sculptor Constantin Brâncuşi at the Centre Pompidou in 2024, the museum announced. The show, which closed its doors on July 1 of last year, had a daily average of nearly 5,000 entries, the institution said. Overall, the Centre Pompidou welcomed 3,204,369 visitors in 2024, […]
The Romanian-American actor Sebastian Stan won his first Golden Globe for his role in the film A Different Man. In his acceptance speech, the artist thanked the people on his team and the film crew, as well as his parents, and concluded his speech by saying “România, te iubesc” (Romania, I love you). In the […]
Former Liberal (PNL) president Crin Antonescu declared his presidential candidacy "unilaterally suspended." Antonescu had accepted to run for president after the proposal of the ruling coalition formed by the Liberals (PNL), Social Democrats (PSD), the Democratic Alliance of Hungarians in Romania (UDMR), and the minorities' group in Parliament. Antonescu confirmed his commitment to running in […]
The decision of the Romanian Constitutional Court (CCR) to annul the presidential elections is considered by most respondents (28%) as the most important event of the year 2024 in Romania, according to an IRES telephone survey. CCR's decision to cancel the first round of the presidential elections is considered good by just over a third […]
Moldova will import from Romania some 62% of the electricity it needs in January for the territory controlled by the constitutional authorities (not including separatist region Transnistria), and the imports’ instant share will drop towards 50% only during night hours when the consumption decreases, according to the projections drafted...
