The Board of Banking Employers of Romania considers that the draft law on the sale of real estate properties is "unfair and wrong," the Board's Spokesman Bogdan Preda said on Tuesday. "We will absolutely take all the steps to highlight that this draft law is not only unfair but also wrong. We are witnessing here at helping investors, not social cases. This bill does not differentiate at all between the debtors with social problems and the debtors giving the bank the keys to their beach villas because they believe they have bought them for a high price and now their price is quite low," said Bogdan Preda. He added that all social cases that are no longer able to cover their loans had been included by the National Consumer Protection Authority in its draft law for implementing the European Union's Directive 17 in as early as this year's spring. "The consequence of this law will be increased cost of lending. (...) I believe that it is a bill aimed at solving mainly the problem of the people who hold many properties," concluded Preda.
The local Google team now counts more than 400 people, having grown from a small staff of a few employees in November 2010, when the US company opened an office in Bucharest. The Bucharest technology hub is currently Google’s largest wearables development center in the EMEA (Europe, Middle East, and Africa) region, and the solutions […]
On Thursday, October 30, 2025, over 150 board members, executives, and thought leaders gathered at the InterContinental Athénée Palace Bucharest for the Future of Boards Awards Gala 2025, organized by Envisia, the first business school in Central and Eastern Europe dedicated to the professionalization of board members and governance leaders. The event recognized responsible leadership […]
STIRIXIS Group’s projects were awarded as the best in their category in Greece and were shortlisted for the European Awards of the International Property Awards 2025, to be presented in January. STIRIXIS Group, the Greek strategic design company with an international presence in 29 countries and more than 850 projects worldwide, was honored in London […]
Romanian studio Amber collaborated with Amazon Game Studios and Death Row Games on the development of Courtroom Chaos: Starring Snoop Dogg, an AI-animated video game in which the rap artist appears in the role of a judge, Startupcafe.ro reported. In the game, up to six participants can play using only mobile phones, which connect to […]
Germany will provide more than EUR 500,000 this year to support teachers working in German-language education across Romania, the German Embassy in Bucharest announced. Through the Embassy, Germany is funding the project “Support for Teachers in German-Language Education in Romania” with a total of EUR 505,000. The initiative aims to promote the German language as […]
The British journalist and film producer Charlie Ottley, who is behind the Wild Carpathia and Flavours of Romania series, has obtained Romanian citizenship and is set to take the oath of allegiance this week. The National Authority for Citizenship announced that the oath will be taken by several foreigners on November 6. “The solemnity of […]
