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/)
Céline Gauer, the director general of the Recovery and Resilience Task Force (or RECOVER) at the European Commission, arrived in Romania on Tuesday, July 15, to meet with officials regarding the implementation of the National Recovery and Resilience Plan, or PNRR. As the coordinator of the PNRR, which offers funding in the form of advantageous […]
Aluminium producer ALRO, a subsidiary of Vimetco PLC from Cyprus, celebrated 28 years on the Romanian stock exchange (BVB) and 60 years of uninterrupted industrial activity. Its market capitalization has increased nearly 21 times since its listing and now exceeds RON 1 billion. The company’s history began with the first batch of Romanian aluminium, on June […]
Something is quietly shifting in Romania. In places where paperwork, patchy Wi-Fi, and long queues once ruled, change is starting to show. Towns are more connected, cities are getting smarter, and essential services are beginning to live online, not in line. A tidal wave of digitisation is common to other areas of the globe, that’s […]
Several segments in Romania's A7 and A8 highway projects have lost funding from the National Recovery and Resilience Plan (PNRR) due to project delays, the minister of investments and European projects, Dragoș Pîslaru, announced on Tuesday, July 15, as reported by Biziday.ro. He did not specify which segments of these highways were affected. The statement […]
Real estate developer Redport and businessman Dan Șucu officially inaugurated the showroom for their latest residential project, Vitality Est, and announced the start of construction work on the site near Pantelimon Park and Lake in eastern Bucharest. The project, estimated at EUR 50 million, will include 500 apartments and 400 square meters of commercial space. […]
According to an analysis from real estate consultant Colliers based on National Bank of Romania data, Romanians spent more than EUR 3 billion on international travel in the first four months of 2025, 15% more than in the same period of 2024. If the current pace continues, Romanians’ spending on foreign holidays and business travel […]
