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Romanian employers warn tightening taxation will bring economic decline
Wednesday, June 4, 2025
There is a high risk that tightening taxation will bring economic decline, and the effect on the national budget will be below expectations as the increase in receipts will not be enough, according to a press statement released by the Concordia employers' confederation released on Tuesday."Romania's economy has slowed down continuously in the last two years, and the first quarter of 2025 brought a negative surprise: a stagnation from the previous quarter of ...
AHK Romania: Climate change and geopolitical uncertainty require new civil protection measures
Wednesday, June 4, 2025
The geopolitical context ever more complicated and uncertain, as well as the increasingly visible climate change with dramatic consequences, require more protection for the population, through advanced technologies, including artificial intelligence, but also awareness-raising and correct information activities, informs a press release of the German-Romanian Chamber of Commerce and Industry (AHK Romania).This was the main message conveyed by the participants ...
Romania- Italy economic relation: present prospects and future opportunities
Wednesday, June 4, 2025
According to the report “Romanian Economic Monitor” launched last year by the Italian Embassy to Bucharest, Italy is, at economic level, the fourth largest investor in Romania, with a stock of direct investments which exceeded 9 billion euros in 2003. Over 20,000 companies with Italian capital registered in Romania, with over 100,000 employees significantly contributes to economic ...
Labour Ministry: 20 million Swiss francs in non-reimbursable funds for social assistance in Romania
Wednesday, June 4, 2025
The Ministry of Labour, Family, Youth and Social Solidarity (MMFTSS) is accessing, for the first time, non-reimbursable Swiss funds dedicated to social assistance in Romania, amounting to 20 million Swiss francs (CHF), the ministry announced on Monday.Out of this amount, CHF 17.5 million will be allocated to integrated social services for vulnerable communities in 7 cities, and CHF 2.5 million will be used to combat discrimination and promote Roma traditions ...
Industrial production prices increase 1.8% in April
Wednesday, June 4, 2025
Industrial production prices overall (domestic and foreign markets) increased 1.8% in April 2025 compared to the same month in 2024 but decreased 1.4% compared to March 2025, according to data the National Institute of Statistics (INS) released on Tuesday.On the domestic market, the industrial production price index recorded a decrease of 1.7% in April 2025 compared to the previous month and an increase of 1.66% compared to April ...
April unemployment rate down to 5.7%
Wednesday, June 4, 2025
The seasonally adjusted unemployment rate was 5.7% in April 2025, down 0.3 percentage points compared to the previous month, according to data the National Institute of Statistics (INS) published on Tuesday.The unemployment rate among men was 0.5 percentage points higher than that of women.The estimated number of unemployed persons (aged 15-74) for April 2025 stood at 467,400, a decrease compared to the previous month (490,900 persons), but an ...
Nicusor Dan meets in Vilnius with Volodymyr Zelensky and Mark Rutte
Tuesday, June 3, 2025
President Nicusor Dan met on Monday with his Ukrainian counterpart, Volodymyr Zelensky, and with NATO Secretary General Mark Rutte, on the sidelines of the B9 and Nordic Countries Summit.The Ukrainian people continue to show great courage in defending our common values - freedom and democracy. A just and lasting peace can only be achieved by showing strength. Romania will continue to stand by Ukraine and will further deepen bilateral ties, for the benefit of ...
President Dan to attend summit in Odessa on June 11
Tuesday, June 3, 2025
President Nicusor Dan said on Monday that he will most likely attend the Odessa Summit on June 11, where he will have "more technical" discussions on supporting Ukraine. The Romanian president attended the Vilnius Summit with B9 and Nordic countries.Asked whether Romania will be more transparent about its support to Ukraine, he replied: "I don't know. So far I have not been able to assess the benefits and risks. In any case, Romania will continue to ...
President Nicusor Dan: Romania and Poland feel the same great threat from Russia
Tuesday, June 3, 2025
Romania and Poland are two large countries on the Eastern Flank and, regardless of who won in Poland, they feel the same great threat from Russia and are obliged to collaborate, President Nicusor Dan declared on Monday.He participated in the B9 and Nordic Countries Summit in the Lithuanian capital city."Unlike Romania, where two weeks ago we had a competition between a pro-Western candidate and a candidate who very often repeated ...
US presence on NATO's eastern flank is very important to Romania, President Dan tells press conference in Vilnius
Tuesday, June 3, 2025
The US presence on NATO's eastern flank is very important to us, President Nicusor Dan declared on Monday, as he advocated the increase in the GDP allocation for Defense.The Romanian head of state took on Monday his first foreign trip since taking office on May 26, participating in the Lithuanian capital in the NATO Eastern Flank (B9) and Nordic Summit, after which he and NATO Secretary General Mark Rutte, Ukrainian President Volodymyr Zelensky, Polish ...
President Dan rules out visit to United States in 2025, technical relations need to be consolidated
Tuesday, June 3, 2025
President Nicusor Dan said on Monday, when asked when he will go to the United States of America, that in his opinion, there is no question of a visit in 2025 "from one side or the other at the presidential level"."I believe that in Romania there will be a new administration, in the United States there has been an administration for six months. It is necessary, before that visit we are talking about, to consolidate technical relations on several levels. In ...
Hungarian President, Tamás Sulyok, on a private visit to Romania to participate at the pilgrimage in Sumuleu Ciuc
Tuesday, June 3, 2025
The President of Hungary, Tamás Sulyok, will pay a private visit to Romania on 6-9 June and will also take part in the great pilgrimage of the Catholic Pentecost in Sumuleu Ciuc. According to the Hungarian Presidency Press Office, the visit will begin on Friday, 6 June, when the Hungarian President will visit the Roman-Catholic Theological High School "Sfanta Elisabeta" in Lunca de Sus, Harghita ...
DNSC warns that deepfake videos of high-profile people appearing to broker investment opportunities are back
Tuesday, June 3, 2025
A series of aggressive cyber-attacks, scam type where they use including deepfake videos were seen o social media platforms, immediately after the presidential elections, informs the National Directorate for Cyber Security (DNSC).'(...) immediately after the elections we noticed a rather aggressive resurgence on social media platforms of fake investment scams, those scams that Meta is inspired ...
President Dan: When there is agreement on Government's program and its composition, I will appoint a PM
Tuesday, June 3, 2025
President Nicusor Dan stated on Monday that he estimates that the Government will be formed in two weeks, specifying that he will appoint a Prime Minister when there is an agreement on the program and the composition of the Government."As I said, I will make the appointment when I know that there will be support in Parliament, that is we are not in a situation where we can play games. When there is an agreement on both the Government program and its ...
Bolojan: We assume responsibility to enter government, without any conditions regarding positions or persons
Tuesday, June 3, 2025
The National Political Bureau of the National Liberal Party (PNL) decided on Monday to organize an extraordinary congress, in the next 45 days, to elect a new, legitimate leadership."We are under an interim leadership that is the result of the bad result obtained by the PNL in last year's presidential elections, when together with our colleagues we were nominated as interim PNL leadership. A party that is in government needs a leadership that has legitimacy, ...
PSD Leans Toward Joining Government, But Sets Several Conditions
Tuesday, June 3, 2025
The balance within PSD is tilting in favor of joining the government, but the Social Democrats have several demands, according to Digi24 sources. One scenario being considered is a rotation of prime ministers. PSD would agree to give up the prime minister position but would want an additional ministry in return. The party also seeks the leadership of the Chamber of Deputies and one of the intelligence services, political sources say. PSD reportedly supports scrapping ...
Avangarde survey: AUR continues to lead the party rankings
Tuesday, June 3, 2025
The Alliance for the Unity of Romanians (AUR) would be voted for by 32% of Romanians if parliamentary elections were held next Sunday, according to an opinion poll conducted by Avangarde between May 23 and 28. The PSD is in second place in Romanians’ preferences, with 20%. The political figures with the highest level of trust are Nicusor Dan and Ilie Bolojan, the same sociological research ...
Parliament: 4 SOS lawmakers announced their transition to PSD
Tuesday, June 3, 2025
Four deputies elected on the lists of the party led by Diana Sosoaca, S.O.S. Romania, sent a notification to the Permanent Bureau of the Chamber of Deputies on Monday that they will affiliate with the PSD parliamentary group. Item 6 of the agenda of the meeting of the Permanent Bureau of the Chamber of Deputies ...
Mechanism adopted by Gov't covers salaries of Praid Salt Mine employees until year's end
Tuesday, June 3, 2025
The aid mechanism adopted by the Government on Monday, which will be granted to SALROM, also includes covering the salaries of employees working in the underground of the Praid Salt Mine, declared the Minister of Economy, Bogdan Ivan.He was asked whether the money allocated by the Government also covers the salaries of Praid Salt Mine employees and for what period of time."At the moment, this mechanism adopted today in the Government meeting also ...
National Bank of Romania's foreign exchange reserves fell by almost 11% in May, to 55.661 billion euros
Tuesday, June 3, 2025
The foreign exchange reserves of the National Bank of Romania totaled 55.661 billion euros at the end of May 2025, down 10.81% compared to the level of 62.414 billion euros on April 30, 2025, according to a press release from the Central Bank, transmitted on Monday.During May, there were inflows of 5.827 billion euros, representing the change in the minimum foreign exchange reserves established by credit institutions at the NBR, the replenishment of the ...