Former French Open champion Yannick Noah has raised an ugly controversy in men’s tennis, accusing the Spaniards of using drugs to dominate sports, including tennis. Noah alleges that the reason for the rise of their Southern neighbour’s success may have to do with taking a “magic potionâ€, according to tennisworldusa.org “When I still milled around [...]
The support package for large industrial investments, approved [in principle] by the Romanian government on September 18, includes, among others, an installation bonus that can represent up to 35% of the investment, deputy prime minister Marian Neacsu, responsible for the development of the project, told Radio Romania, as quoted by
The first half of 2024 ended with a modern stock of industrial and logistics space in Romania of about 7.3 million square meters, and developers have more than 700,000 sqm under construction in various stages, according to a Colliers' report on real estate market developments for the first half of the year. Thus, the modern […]
The financial damage caused by the drought could exceed EUR 2 billion nationally, given the massive production losses, the additional costs for irrigation, and the lack of capitalization of the production at a fair price, according to the data provided by the Romanian Farmers' Club (CFRO) to
The government ratified on September 18 the agreement between Romania and the International Bank for Reconstruction and Development (IBRD) on a EUR 599 million loan to fund green investment projects in energy and transport, but also the public budget deficit, announced the Executive's spokesperson Mihai Constantin. These funds will finance the green transition, mainly actions […]
Under the revised budget planning for 2024, Romania’s general government budget deficit would reach RON 123 billion (EUR 25 bln) or 6.95% of the GDP projected to grow by real 2.8%, compared to a RON 87 bln (EUR 17.5 bln, or 5.9% of GDP) envisaged initially, according to the budget revision draft consulted by Ziarul...
While preparing the first Samurai bonds in the past decade, Romania tapped on September 19 the international bond market by raising the equivalent of EUR 5 billion with three issues denominated in euros (two issues) and US dollars, according to Ziarul Financiar. They account for a significant part...
