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Net salary gain up 6.4pct to 5,691 lei in March
Friday, May 16, 2025
The average net salary accounted for 5,691 lei in March 2025, higher by 340 lei (+6.4%) against the previous month, according to data released on Thursday by the National Institute of Statistics (INS).The average gross salary was 9,495 lei, by 563 lei (+6.3%) higher than that recorded in February of this year.The highest values of the average net salary were recorded in the manufacture of tobacco products (14,768 lei) and in information ...
Romanian Athenaeum guided tour and Athenaeum Resonance Ensemble recital on European Night of Museums
Friday, May 16, 2025
The George Enescu Philharmonic will celebrate the European Night of Museums on Saturday, and the Romanian Athenaeum will be open for free visits between 10:00 PM and midnight, with scheduled activities including a guided tour and a recital by the Athenaeum Resonance Ensemble.'The George Enescu Philharmonic aims to bring added brilliance to Bucharest's cultural life and to offer a memorable experience to all those who walk through its doors. We ...
Ilie Bolojan: PSD and PNL have responsibility to correct things that have accumulated wrongly
Thursday, May 15, 2025
The Social Democratic Party (PSD) and the National Liberal Party (PNL) "have the responsibility to correct the things that have accumulated wrongly" in the governments they have endorsed, interim president Ilie Bolojan declared on Tuesday."The current situation of Romania is certainly also given by the way in which the parties that have governed until now have managed our country. The PSD and the PNL have a main responsibility for this situation and it is ...
AFP: From Hungary to Romania, a 'pilgrimage' against the Orban-Simion rapprochement
Thursday, May 15, 2025
The leader of the Hungarian opposition, Peter Magyar started on Wednesday a march towards Romania as a sign against the recent rapprochement presented by premier Viktor Orban towards the Romanian nationalist, George Simion, accused to be a threat for the numerous Hungarians in the neighbouring country (to Hungary), says AFP.The prime minister "spat in the face of our brothers and sisters abroad" by tacitly supporting ...
AUR leader George Simion meets Polish President Andrzej Duda in Warsaw
Thursday, May 15, 2025
Leader of the Alliance for the Unity of Romanians (AUR - opposition) George Simion, who is running in Romania's May 18 presidential runoff, was welcomed on Wednesday by President of Poland Andrzej Duda at the Presidential Palace in Warsaw, AUR said in a release.According to the cited source, the meeting focused on the restoration of democracy in a difficult context for Romania, bilateral economic cooperation, the Three Seas Initiative, ...
Sir George Iacobescu honored with Star of Romania Order
Thursday, May 15, 2025
Acting President Ilie Bolojan signed on Wednesday the decree awarding Romania-born engineer and businessman Sir George Iacobescu with the Star of Romania National Order in the rank of Grand Officer, the Presidential Administration reports.The distinction is granted "in recognition of Iacobescu's exceptional services to the Romanian state, through the constant promotion of Romania and the development of Romanian-British relations, as well as for the support ...
Chief of Defense Staff attending NATO Military Committee, EU Military Committee meetings in Brussels
Thursday, May 15, 2025
Romanian Chief of Defense Staff, General Gheorghita Vlad participates in the NATO Military Committee and the European Union Military Committee meetings at Chiefs of Defence level taking place on Wednesday and Thursday, respectively, in Brussels, the Defense Ministry said in a release.The agenda of the talks includes topics of strategic interest, with an emphasis on cooperation, streamlining joint efforts and unitary responses to security ...
Draft regarding Romanian contribution to NATO Fund for Ukraine, in public debate
Thursday, May 15, 2025
The draft government decision regarding the payment of Romania's voluntary contribution, in the amount of 33,025 dollars, to the voluntary Fund for the Comprehensive Assistance Package for Ukraine (NATO - Ukraine Comprehensive Assistance Package Trust Fund) is put up for public debate on the website of the Ministry of Foreign Affairs (MAE) until May 23.According to the regulatory act, participation is offered by redirecting the remaining unallocated amount ...
Gov't approves funds to organise OECD meeting in Bucharest
Thursday, May 15, 2025
The Government approved in Wednesday's meeting a decision regarding the funds allocated for an OECD event to be held between June 10-13.The event refers to the meeting of the Peer Review Group of the Global Forum on Transparency and Exchange of Information for Tax Purposes under the Organisation for Economic Co-operation and Development (OECD).The estimated required amount is 743,600 lei, which will be covered from the budget of the ...
Q1 current account deficit, up 80%, to EUR 7,656 million
Thursday, May 15, 2025
In January - March 2025, the balance-of-payments current account posted a deficit of EUR 7,656 million, compared with EUR 4,201 million in the same year-ago period, according to the data the National Bank of Romania (BNR) published on Wednesday.The breakdown shows that the deficit on trade in goods widened by EUR 1,997 million, the surplus on services fell by EUR 503 million, the primary income deficit decreased by EUR 140 million, while the secondary income ...
Q1 foreign direct investment down over 30%, to EUR 1,672 million
Thursday, May 15, 2025
Non-residents' direct investments in Romania totalled EUR 1,672 million (compared with EUR 2,481 million in January - March 2024), the National Bank of Romania (BNR) data released on Wednesday show.Equity (including the estimated reinvestment of earnings) and intercompany lending recorded net values of EUR 2,979 million and EUR -1,307 million, respectively.According to data compiled by the National Trade Register Office (ONRC), ...
Burnete: In the next 2-3 years, EU funds are key; recession looms if we don't bring every euro into the country
Thursday, May 15, 2025
The European funds are the key for the Romanian economy, for the next two or three years, existing the risk of recession unless every euro is absorbed, stated on Wednesday the executive manager of Concordia Employers’ Confederation, Radu Burnete, within a specialised event.'In the next two to three years, European funds are absolutely key for Romania's economy. Please believe me that if we don't bring every single euro into ...
Romanian Ministry of Energy remains reliable partner for Republic of Moldova and Ukraine
Thursday, May 15, 2025
Romania reaffirms its support for Ukraine and the Republic of Moldova and joins the European Union's effort to strengthen the energy resilience of the two countries, said the Secretary of State in the Ministry of Energy, Cristian Busoi.He participated, together with the advisor to the Minister of Energy, Adrian Vintila, in the Informal Meeting of Energy Ministers of the European Union, an event chaired by the Polish Presidency of the Council, which ...
Business environment jointly signals rapid deterioration of business climate and erosion of Romania's credibility
Thursday, May 15, 2025
The prolonged electoral context has worsened deficits and slowed down key reforms that are crucial for access to financing, job stability, and the continuation of planned investments, warn representatives of eight business organisations in Romania."The Romanian business environment, represented by our organisations, jointly signals the rapid deterioration of the business climate and the erosion of Romania's credibility. The economy needs trust ...
Budget of National Radiocommunications Company, approved by Executive
Thursday, May 15, 2025
On Wednesday, the executive approved, by decision, the revenue and expenditure budget for 2025 of the National Radiocommunications Company S.A., under the authority of the Ministry of Economy, Digitalization, Entrepreneurship and Tourism.According to a Government press release, for 2025, total revenues are estimated at 285.7 million RON, up 2.36% compared to 2024, while expenses are slightly reduced to 257.5 million RON, 0.88% less than the previous ...
CCIB : Turkey is Romania's first trading partner outside the European Union
Thursday, May 15, 2025
Turkey is Romania's first trading partner, outside the European Union, with around 19,000 companies with Turkish capital currently operating in our country, says the president of the Bucharest Chamber of Commerce and Industry (CCIB), Iuliu Stocklosa.According to a press release, CCIB signed a collaboration protocol with the Cerkezkoy Chamber of Commerce and Industry (Turkey), during an official meeting between representatives of the two ...
Industrial output down 4.2pct in Q1
Thursday, May 15, 2025
Industrial output decreased in the first quarter of this year, compared to the same period in 2024, both as a gross series, by 4.2%, and as series adjusted depending on the number of business days and seasonality, by 3.1%, according to data released by the National Institute of Statistics (INS).Thus, between January 1 and March 31, 2025, the drop in industrial production (gross series) was caused by decreases in the manufacturing industry (-4.7%), production ...
Romania to participate in Book World Prague 2025 Fair
Thursday, May 15, 2025
Romania participates May 15 through 18 with a stand in the 30th edition of the Book World Prague Fair, with playwright Elise Wilk, poet Adrian Alui Gheorghe and prose writer Adina Rosetti among the guests, the organizer of the stand, the Romanian Ministry of Culture announced on Wednesday.The moderation and translation of the events will be provided by ICR Prague through Libuse Valentova, Jitka Lukesova and Jarmila Horakova.At the invitation of ...
Poll shows Romanian hard-right and centrist candidates tied ahead of run-off
Wednesday, May 14, 2025
By Reuters Romania's hard-right nationalist George Simion and centrist Bucharest mayor Nicusor Dan are neck-and-neck ahead of a May 18 presidential run-off that could have far-reaching consequences for the European Union, an opinion poll suggested on ...
Elena Lasconi suggested her support for Nicusor Dan
Wednesday, May 14, 2025
Former presidential candidate, Elena Lasconi, stated on Tuesday that she will go to vote on Sunday, May 18, and will express her electoral preference in favor of Romania’s European direction, https://spotmedia.ro/ reads.In a Facebook post, Lasconi clearly suggested her support for ...