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.
North Bucharest Investments announces outstanding results following the addition of Horizon City to its portfolio, one of the largest and most modern residential developments currently in the presales phase. In just three weeks, NBI recorded a 40% increase in reservations, highlighting the strong market interest in this strategically positioned project in the northern part of […]
Untold Universe is set to open its Planeta Crǎciun/Planet Christmas holiday market in Cluj-Napoca on Friday, November 21, turning Piața Unirii into a winter attraction filled with lights, music, and various activities. The 41-day event, organized in partnership with the city hall, marks the start of the city’s festive season and includes hundreds of thousands […]
President Nicușor Dan has signed a decree awarding Major General Matthew J. Van Wagenen one of Romania’s highest military honors, the “Military Virtue” Order, Knight rank, the Presidency announced on Wednesday, November 19. The decoration recognizes the US General’s career in senior command and staff positions...
The City Hall of Brașov, a popular mountain resort in central Romania, announced that the narrow Strada Sforii (Rope Street), one of the city's best-known tourist attractions, will be temporarily closed. The authorities cited urgent public safety concerns after experts warned that crumbling plaster from nearby buildings poses a risk to visitors. Mayor George Scripcaru […]
The incoming US ambassador to Romania, Darryl Nirenberg, appeared before the Foreign Affairs Committee in the US Congress on Thursday, November 19, as part of the process of confirming his nomination. During his statements, Nirenberg said that “America’s relationship with Romania has grown into a stable and strategic alliance with cooperation across a range of […]
Train ticket prices will rise by nearly 10% starting December 14, when the new 2025–2026 railway timetable comes into effect in Romania, officials confirmed on Wednesday, as reported by Agerpres. The increase of 9.88% reflects the annual inflation index published by the National Institute of Statistics (INS), in line with...
