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Oana Gheorghiu, proposed Deputy Prime Minister of the Government
Wednesday, October 29, 2025
Prime Minister Ilie Bolojan has sent the Presidential Administration the proposal for Oana Gheorghiu to fill the vacant position of Deputy Prime Minister, following the resignation of Dragos Anastasiu in August.At the age of 56, Oana Gheorghiu is a graduate of the Bucharest Academy of Economic Studies, class of 1994, with a specialization in economic management.Co-founder and co-president (since February 2025, previously vice-president) of ...
President Dan on coalition: Many of the current tensions could have been avoided by all sides
Wednesday, October 29, 2025
President Nicusor Dan said a breakup of the governing coalition is unlikely, but mentioned that in this context that there are many current tensions which could have been avoided by all sides.Asked in an interview with Cotidianul, published on Tuesday, about a possible coalition breakup, the head of state replied: "I hope not and I believe not at this moment. At least for the period we can see over the next few months. Many of the current tensions could have ...
Romania Ranks 44 out of 143 in the WJP Rule of Law Index
Wednesday, October 29, 2025
2025 WJP Rule of Law Index® finds the rule of law recession accelerates as authoritarian trends expand; Decline in judicial independence and shrinking civic space signal heightened risk to democracy worldwide; Romania’s score decreased, ranks 27 out of 31 ...
Finance Ministry: EC representatives welcome change in Romania's fiscal stance, return to a serious and predictable approach
Wednesday, October 29, 2025
The European Commission representatives welcomed the change in Romania's fiscal stance and the return to a serious and predictable approach in the reporting and technical dialogue process, the Ministry of Finance announced on Tuesday after a new round of discussions with the team led by European Commissioner for Economy Valdis Dombrovskis."Today, the Finance Ministry team headed by Minister Alexandru Nazare had a new round of constructive talks with the team ...
Managers expect price increases across all economic sectors over the next three months
Wednesday, October 29, 2025
Romanian managers forecast relative stability in manufacturing and services activity for October-December 2025, along with price increases across all sectors, according to data published Tuesday by the National Institute of Statistics (INS).Based on the business survey, manufacturing managers anticipate stable production over the next three months, reflected by a conjunctural balance of -0.9%. Employment is also expected to remain stable (conjunctural ...
CCIR: Romanian economy registers over 10pct profit margin in 2025
Wednesday, October 29, 2025
The industrial sector ranks second after Trade in terms of turnover and recorded a profit margin of 10.63% in 2025, according to the National Ranking of Companies (TNF), compiled by the Chamber of Commerce and Industry of Romania (CCIR).'The evolution of the industrial sector between 2020 and 2025 reflects a mature, competitive and profitable industry. With more than 4,500 companies in the top 10 and contributing around one third of the total turnover, ...
Romania's resident population - 21,671,500 people on 1 July 2025
Wednesday, October 29, 2025
Romania's resident population stood at 21,671,500 people as of 1 July 2025, down 0.5% compared with 1 July 2024, according to data published on Tuesday by the National Institute of Statistics (INS).According to the source, the urban resident population was 11,992,700 people, down 1% from 1 July 2024. The rural resident population was 9,678,800 people, up 0.1% compared with the same date of the previous year.The female population ...
Social Monitor: More than half of families with children in Romania live in over crowded houses
Wednesday, October 29, 2025
One out ot ten Romanians live in exetremely precarious houses and most families with children live in over crowded houses, according to an Official Monitor infograph , a project by Frederich-Eber-Stiftung Romania released on Tuesday. “Romania is among EU countries with the highest population percentage living in very precarious conditions. 9.6% of the country's population is experiencing severe ...
Indagra & Indagra Food starts Wednesday at Romexpo; 420 companies from 20 countries participate in 2025 edition
Wednesday, October 29, 2025
The most famous agricultural event in Romania - Indagra & Indagra Food 2025 - opens on Wednesday at the Romexpo Exhibition Center, where 420 companies from 20 countries will participate."Indagra & Indagra Food 2025, the most important agricultural and food concept in Romania, takes place between October 29 and November 2, at Romexpo. The edition brings together farmers, processors, technology companies, universities, authorities and professional ...
Romania to host NATO-Industry Forum, 5-6 November
Tuesday, October 28, 2025
The next edition of the NATO-Industry Forum will take place in Bucharest on 5-6 November 2025, the Alliance announces on its website.Allied Command Transformation and the Defence Industry, Innovation and Armaments Division of the NATO HQ International Staff are co-organizing this event under the auspices of the NATO Secretary General.The NATO-Industry Forum is the strategic-level event facilitating direct and continuous engagement between NATO ...
EU Economics Commissioner comes to Bucharest for talks on budgetary developments and NRRP
Tuesday, October 28, 2025
The EU Economics Commissioner, Valdis Dombrovskis isin official visit to Romania, between 27 and 28 October to discuss the budgetary and economic evolutions of Romania, the implementation of the National Recovery and Resilience Plan (PNRR) and the main political priorities of the EU, announces the European Commission Representative to Romania in a press release.During the visit, the European Commissioner will visit, on Monday projects finances ...
Decoration ceremony of His Holiness Bartholomew I, Ecumenical Patriarch of Constantinople, and of the Romanian Patriarchate at the Cotroceni Palace
Tuesday, October 28, 2025
The Romanian state remains a guarantor of freedom of conscience and belief, as well as a loyal partner of the church, declared President Nicusor Dan, on Monday, at the decoration ceremony of His Holiness Bartholomew I, Ecumenical Patriarch of Constantinople, and of the Romanian Patriarchate.The head of state conferred the National Order "Star of Romania" in the rank of Collar on His Holiness Bartholomew I, Ecumenical Patriarch of Constantinople, as a ...
PM Bolojan, Commissioner Jorgensen meet on energy, housing challenges
Tuesday, October 28, 2025
Romania's Prime Minister Ilie Bolojan on Monday welcomed European Commissioner for Energy and Housing Dan Jorgensen to discuss the main challenges in the field of energy and housing, as well as ways to strengthen Romania's cooperation with the European Commission in these areas.According to the Romanian government, Bolojan showed that, although Romania has invested in recent years in renewable energy and weatherising buildings, the related projects ...
DefMin Mosteanu talks with Ukrainian deputy defense minister on expanding cooperation in defense industry
Tuesday, October 28, 2025
The Minister of National Defense, Ionut Mosteanu, met on Monday, at the headquarters of the Ministry of Defense, with the Deputy Minister of Defense of Ukraine, Sergiy Boyev, in which they discussed, among other things, the expansion of collaboration in the field of the defense industry.According to a press release from the Ministry of Defense, the visit of the Ukrainian official to Romania was part of the political-military dialogue between the two states ...
EnerMin:Without competitive energy prices, it will be extremely difficult to ensure population's support for green transition
Tuesday, October 28, 2025
Romania can be an important provider of energy security, but without competitive energy prices it will be extremely difficult to ensure the support of the population and political decision-makers for the transition to a green economy, declared, on Monday, in a specialized conference, the Secretary of State in the Ministry of Energy, Cristian Busoi."Because energy was mentioned and certainly energy projects can be extremely important in the context of the ...
PM Bolojan:Value-added tax will not increase, nor will other taxes
Tuesday, October 28, 2025
Prime Minister Ilie Bolojan said on Sunday evening, during a Digi 24 interview, that the VAT rate and other taxes will not increase next year, reaffirming the need to continue spending cuts in order to maintain budgetary balance."The value-added tax will not increase, nor will other taxes. I want to stress that - I've always been honest with Romanians. But to achieve this, we must maintain our budgetary balance. That means continuing to cut spending. With an ...
Romania is paying EUR 11 billion in interest
Tuesday, October 28, 2025
Romania is paying EUR 11 billion in interest, Prime Minister Ilie Bolojan told private broadcaster Digi24 on Sunday, when asked about the country's borrowing situation."Due to loans contracted at very high interest rates, between 5.5% and 7% in euros or dollars, this year and next year, for instance, we will pay around 55 billion lei (EUR 11 billion) in interest alone. These expenses are likely to increase and reach 3% of GDP, meaning that interest payments ...
Consolidated budget deficit rose to 5.39% of GDP after first nine months
Tuesday, October 28, 2025
The consolidated budget deficit rose to 5.39% of GDP after the first three quarters, from 4.54% in the first eight months, and reached 102.47 billion RON, according to data from the Ministry of Finance, published on Monday."The execution of the general consolidated budget for the first nine months of 2025 confirms the trend of stabilizing public finances. The budget deficit stood at 102.47 billion RON, representing 5.39% of GDP, below the level of ...
CFA Romania: Slow disinflation process expected
Tuesday, October 28, 2025
The Macroeconomic Confidence Indicator of the CFA Romania Association shows that most respondents expect a decrease in the inflation rate compared with the current level, however, they also anticipate that the disinflation process will be slow, said Adrian Codirlasu, the organisation's president.'The level of the indicator and both of its components continue to signal recessionary conditions. It is noteworthy, compared with the previous survey, that ...
Net assets in open-end investment funds reach record high: nearly 32 billion lei in September
Tuesday, October 28, 2025
Romania's asset management industry reached a new record in September, with net assets in open-end investment funds approaching 32 billion lei, driven by sustained investor interest in regular and diversified investments, according to the Association of Fund Managers (AAF) data.According to an AAF release, the number of investors in this segment exceeded 1 million.Total net assets across 247 local and foreign open- and closed-end funds rose 1.8 ...