The draft budget for 2025 will be finalized on Thursday, and Saturday it will be approved in the government and next week in the parliament, announced on Wednesday night the minister of finances, Tanczos Barna.‘It is a frugal budget (…). We have the figures and the calculations done. Tomorrow the budget is finalized and we will present the figures exactly (…). The calendar is finalized. On Saturday we adopt the budget in the government. On Saturday it is sent to the parliament, there will follow the period of amendments lodging and next Saturday, surely, the budget is approved in the parliament’ explained Tanczos Barna in a statement sent by TVRInfo.He mentioned that the budget includes money for investments in infrastructure, for salary and pension payments at the level of November 2024. ‘The budget covers highways for 20 million Romanians, the budget includes money for all the Romanians for the rural infrastructure development, we have money to pay the salaries in Education, the ministry of interior affairs, all the ministries needing salaries, at the level of 2024, we have ensured financing for all pensions (…).What I can tell you about the pensions is that the necessary sums for pensions payment are in the budget. All pensions can be sure that pensions, as they were calculated and paid last year in November-December will be paid in 2025 every month’ said the minister of finances, also mentioning that the Ministry of Defence will have a larger budget than the one in 2024. (Photo:https://www.facebook.com/)
Cushman & Wakefield Echinox announced the completion of the sale of the Zenith Conference & Spa hotel in Mamaia, one of the top hospitality units on the Romanian seaside, to the owners of Steaua de Mare Hotels & Resorts, based in Eforie Nord. The property was previously controlled by the RC2 investment fund and Antares […]
Romanian president Nicușor Dan is scheduled to be in the United Kingdom on Tuesday and Wednesday, December 16-17, to meet with representatives of the business environment and the Romanian community. On the first day, the head of state will hold meetings with Romanian representatives from the business environment in the UK, as well as with […]
More than 300,000 older people living in Romania’s urban areas are expected to spend Christmas alone, according to data cited by the NGO Niciodată Singur – Friends of the Elderly, which recently launched its annual holiday campaign aimed at tackling loneliness among seniors. The initiative, titled “Be the Carol That Breaks the Silence,” is based […]
The Romanian Senate adopted a simple motion initiated against environment minister Diana Buzoianu on Monday, December 15. The motion passed after the Social Democratic Party (PSD), the largest party in the governing coalition, joined the far-right opposition party AUR in the initiative. The vote for the simple motion was carried after a no-confidence motion filed […]
Romanian farmers are set to benefit from improved access to financing following a EUR 25 million loan granted by the European Investment Bank (EIB) to Agricover Credit IFN SA, aimed at supporting micro agricultural businesses across the country. The funding will be provided under the InvestEU mandate and is intended to boost productivity and promote […]
Romanians rank among the most satisfied homeowners in Europe, but rising housing-related costs continue to put significant pressure on household budgets, according to the RE/MAX European Housing Trend Report 2025. The study showed that 81% of Romanians are happy with their living situation, above the European average of 77%, while 83% live in owner-occupied properties, […]
