The Ministry of Finance announced on Friday that it is starting a new session of buying Tezaur government securities, starting from Monday, April 4, which have a face value of 1 RON, being in dematerialized form, with maturities of 1 and 3 years and annual interest rates of 4.8 pct and 5.8 pct."I thank the almost 48,000 Romanians who trusted the Tezaur government securities and invested over 2 billion RON in the first two issues this year. The amount represents a record since the launch of the programme. This confirms the appreciation of investors, who benefit both from the instruments available through this mechanism and from the advantages it offers to individuals. I am confident that the success of this affordable savings instrument, with non-taxable advantageous interest rates and without hidden costs, will be confirmed in the future", said the Finance minister Adrian Caciu.Government securities can be purchased between 4 and 26 April 2022 online, only by individuals who are registered in the Private Virtual Space (SPV).The interest is annual, payable on the terms set out in the prospectus. Also, the government securities issued under the Tezaur Programme are transferable and can be redeemed in advance. An investor may make one or more subscriptions within an issue. Investors have the possibility to cancel subscriptions already made only during the subscription period, by submitting an application.Eligible are the individuals who have reached the age of 18 on the date of subscription. The revenues obtained from investing in the savings offer launched by the Ministry of Finance are non-taxable. The funds obtained by the Ministry of Finance as issuer, as a result of the issuance of government bonds, will be used to finance the budget deficit and to refinance the public debt.
Four documentaries on topics such as identity, memory, responsibility, and courage will be screened at the Czech Center in Bucharest as part of the upcoming edition of the Documentary Mondays program. The program opens on February 23 with Simona Constantin’s Caliu. Nothing else, what more could I do?, a portrait of fiddler Gheorghe "Caliu" Anghel, nicknamed […]
Romania is set to host the prestigious international high school debating tournament “Cambridge Union Schools,” under the auspices of the Cambridge Union, between February 21-22 at the National Bilingual College “George Coșbuc” in Bucharest. This marks the first time an official tournament organized under a Cambridge license is being held in Romania. During the competition, […]
The average sale price for new homes in Bucharest has increased over the past 5 years by over 50%, from EUR 1,480 to EUR 2,273 per usable square meter. At the same time, the average rent rose by 45%, from EUR 8.6 to EUR 12.3 per usable square meter, according to a report from real […]
Defense minister Radu Miruţă received a delegation of the Congress of the United States of America led by Democratic senator Jeanne Shaheen on Monday, February 16. Together, they visited the F-16 Training Center in Feteşti. The officials toured the facility, which was inaugurated in 2023 at the 86th Feteşti Air Base. Nowadays, the base "is an advanced […]
Starting Tuesday afternoon, February 17, Bucharest and 12 counties in the Muntenia and Moldova regions are under an Orange Code warning for heavy snowfall, strong wind intensifications, and severe blizzard, with the snow layer expected to reach up to 50 centimeters, the National Meteorological Administration (ANM) announced. Florinela Georgescu, forecasting director, told Digi24...
Romania’s National Paralympic Committee officially announced that two athletes will represent the country at the Milano-Cortina 2026 Winter Paralympic Games, a competition that will bring together the best Paralympic athletes in the world in winter disciplines between March 6-15. Mihăiţă Papară (para snowboard, class SB-LL1) and Andrei-Sorin Popa (para alpine skiing, class LW9-2, standing) were confirmed […]
