Liviu Voinea, Ph.D., a Romanian national, has been Alternate Executive Director at the World Bank since March 1, 2024, https://www.worldbank.org/ informs. Prior to this, he was Senior Advisor for Romania to the Executive Director at the International Monetary Fund from August 2019 – August 2023. Mr. Voinea has a broad policymaking experience. As Deputy Governor of the National Bank of Romania from October 2014 - August 2019, he was responsible for financial stability, macroeconomic forecasting, banking resolution, and international relations. Mr. Voinea also served as Minister Delegate of Budget from December 2012 - August 2014. In this capacity, Mr. Voinea was responsible for budget and public debt. During his mandate, Romania exited the excessive deficit procedure, and returned to investment grade. Moreover, in 2012, he was Deputy Minister of Finance and served on the Board of the Eximbank Romania from 2009 - 2012. Liviu Voinea holds a Master of Science degree from Stockholm University and a Ph.D. from the Bucharest University of Economic Studies. He worked as a post-doctoral researcher for the European Commission’s Joint Research Center in Seville, Spain (2004). Mr. Voinea is a professor of financial macroeconomics and international economics at the Bucharest University of Economic Studies. He received the Romanian Academy Award in Economic Sciences in 2007. Mr. Voinea published articles in Journal of International Money and Finance, Review of International Political Economy, Economics of Transition, IMF Working Papers. His latest book, “Defensive Expectations. Reinventing the Phillips Curve as a Policy Mix” (Palgrave Macmillan, 2021) offers an alternative perspective on consumption, savings and inflation in the aftermath of an economic crisis.
Romanians are worse off now compared to 6 months ago, and 2026 will also be difficult, but from 2027 and then on, there is hope, said president Nicusor Dan during an interview with Romania TV. The government targets a deficit of 8.4% of GDP this year, marginally below 8.65% of GDP in 2024. To tackle […]
Imran Vilcassim, Chief Commercial Officer, Digital Platforms at BPC, explores how Romania’s booming digital payments outpace merchant readiness and why mobile POS is emerging as the practical solution. Romania’s digital payments volumes are rising fast, but merchant infrastructure isn’t keeping up. Independent market models estimate total digital payments will reach nearly
The attributes needed to reach the top of the business hierarchy, how to motivate and support the teams one works with, and how to tackle the unavoidable challenges that arise along the way were among the topics discussed at the event Inspiring Women in Business, organized by La French Tech Bucharest. Making it to a […]
More than half of the elderly people in urban areas in Romania face loneliness, and almost 310,000 of them experience it at a high level, according to a study conducted by the Association Never Alone, Friends of the Elderly, in partnership with Kantar Romania. The study, carried out in August 2025 on a representative sample […]
Square 7, part of retail park investor M Core, officially inaugurated its new Bucharest office last week, marking an important milestone for the company. More than 150 guests joined the event, including partners, collaborators, and team members. M Core is a family of property investment and management companies comprising LCP, Sheet Anchor, Proudreed, and Sheet […]
Real estate developer Hagag Europe Development has expanded its Romanian operations into the energy sector with the acquisition of BTD Distribuție și Furnizare, a local company specializing in natural gas infrastructure, distribution, and supply. The company has opened a new local division - Hagag Energy - and announced plans to invest more than EUR 400 […]
