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.
A violent storm with extremely strong winds struck the popular mountain town of Sinaia, Prahova Valley, on July 9, causing significant damage, injuring at least 16 people, and disrupting transport and local infrastructure. Historical sites in the city have also been affected. Authorities had issued a message via the RO-Alert system ahead of the storm, warning […]
Bogdan Mircea Petre, one of the lawyers who represented far-right politician Călin Georgescu, is allegedly involved in a case of sexual assault after he was caught in the act during a meeting with a minor, according to Digi24. The “sting operation” was organized by Alex Costandachi, known in the public space as Justițiarul...
Roughly 8 out of 10 chief financial officers, or CFOs, from Romania’s largest companies say they now need constantly updated financial forecasts, unlike previous years when the focus was primarily on financial results, budgeting, and accounting, according to Inulta, a company specializing in Corporate and Enterprise Performance Management. The forecasts come to offer a degree […]
Romanian prosecutors have placed a precautionary seizure on the accounts and assets of the mercenary Horațiu Potra, in a case of tax evasion, embezzlement, and money laundering. The measure targets over RON 24 million, nearly 30 kilograms of gold, a property in Bucharest, and 11 properties and apartments in Sibiu. According to investigators cited by […]
The first sales figures from two of the largest European markets, France and Germany, both major markets for the Dacia brand, show that the debut of the carmaker's largest SUV, the Bigster, has been impressive. June data on car registrations in Germany show that the Dacia Bigster managed to sell 1,227 units in its second […]
After a 2024 marked by adaptation and consolidation, Romanian eCommerce entered 2025 with a more restrained dynamic. According to MerchantPro Compass, the biannual analysis conducted by MerchantPro, a SaaS eCommerce platform supporting over 2,000 active online stores—the first half of this year confirms a paradigm shift: it’s no longer about how much you sell, but […]
