Starting on August 12, Romanians can buy Tezaur retail government bonds with maturities of 1 and 3 years and paying annual interest rates of 5.8 pct and 6.6 pct, respectively, the Finance Ministry announced on Friday.The government bonds can be purchased online between August 12 and September 5, only by individuals who are registered in the private virtual space for securities issued through the State Treasury outlets. Between August 12 and September 6, the government bonds can be purchased from the State Treasury outlets, and from post offices between August 12 - September 5 in urban areas, and between August 12 - September 4 in rural areas.The interest is annual, payable at the due dates provided for in the issue prospectus. Also, the government bonds issued under the Tezaur Program are transferable and can be redeemed in advance. An investor can make one or several subscriptions within an issue. Investors have the possibility to cancel subscriptions already made only during the subscription period, by submitting an application, the release states.According to the cited source, natural persons who have turned 18 by the date of subscription are eligible."Incomes obtained from investing in government securities issued by the Finance Ministry are non-taxable", the Ministry said.The Finance Ministry will use the funds raised through this issue to finance the budget deficit and refinance the public debt.The fourth edition of the 2024 Fidelis government securities program is running during the same period, being promoted on Rock FM's Morning Glory show; blood donors receive an extra percentage point on interest."The tranche dedicated to blood donors applies to government securities denominated in RON, with a one-year maturity and an interest rate of 6.80 pct p.a. Another facility for blood-donating investors is the tenfold reduction of the minimum subscription threshold from RON 5,000 to RON 500. The subscription period is August 8 - 20, 2024," the release states.
Participation in cultural education activities continues to be limited, with the main barriers being difficult access, insufficient knowledge, and cost, the recently released Cultural Consumption Barometer 2024 shows. The report showed that many Romanians still associate culture with entertainment rather than with personal development or furthering their knowledge. The need for relaxation dominates in cultural […]
Roughly 84% of Romanians say that the pace of the state’s digitalization is slow or very slow, according to an Edge Institute & AtlasIntel study presented at the Digital Governance Summit 2025, which took place on Tuesday, November 25, at the presidential palace in Bucharest. The survey aims to capture the way citizens relate to […]
Romania’s Superior Council of Magistracy (CSM) issued a negative opinion on the new bill regarding magistrates’ pensions. The move is only the latest development concerning a heated issue that led to tensions between the executive and the judiciary branch. CSM’s opinion is consultative, and the government led by Ilie Bolojan can still take responsibility for […]
Romania took the presidency of the Central European Initiative (or CEI) on Wednesday, November 26, according to a press release from the Ministry of Foreign Affairs (MAE). The organization is a regional intergovernmental forum established in 1989, following the fall of the Berlin Wall. It gathers 17 Member States in Central, Eastern, and South-Eastern Europe […]
Trade between Romania and Poland continues to grow, with annual bilateral exchanges in goods now valued at more than EUR 12 billion, according to figures presented by the Polish-Romanian Bilateral Chamber of Commerce and Industry (PRBCC). The data was released during a reception in Bucharest marking Poland’s Independence Day and Romania’s National Day. Polish investments […]
As Romania moves closer to implementing the EU Pay Transparency Directive, local employers are preparing for one of the most consequential shifts in workplace regulation in over a decade. The directive, set for transposition by June 2026, introduces strict new rules on salary disclosure, pay reporting, and equal-pay verification, aiming to close persistent gender gaps […]
