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.
The fund Cultura Face Bine, a national funding mechanism for cultural projects backed by private-sector financing, will begin supporting local cultural organizations in 2026. The fund aims to support grassroots cultural initiatives with a proven impact in their communities and which need resources to continue, develop, or transform their activities. The funding mechanism has been […]
The European Commission (EC) announced on Thursday, December 11, that it is referring Romania to the Court of Justice of the European Union (CJEU) for failing to meet obligations under Ambient Air Quality Directives. According to the Commission, Romania has not ensured that its national air quality monitoring network complies with legally required standards on […]
The Bucharest Court of Appeal (CAB) held an unprecedented press conference on Thursday, December 11, in response to allegations raised in a recent media investigation published by Recorder, with court president Liana Arsenie firmly rejecting the claims. However, at the start of the press event, a judge from within the institution publicly stated that the […]
Romania’s Superior Council of Magistracy (CSM) issued its first response to the Recorder documentary alleging systemic manipulation within the justice system, calling the investigation an amplification of a “campaign to destabilize judicial authority.” The council said on Thursday, December 11, that it will evaluate what measures need to be taken following the report. In a […]
MedLife, Romania’s largest private medical services network, announced on Wednesday, December 10, that it reached a market capitalization of EUR 1 billion on the Bucharest Stock Exchange (BVB). The milestone secures its position as “the most valuable healthcare company” in the country. The achievement came nine years after MedLife’s listing on BVB in December 2016, […]