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The current challenges facing the European Union will only be overcome if decision-makers in Brussels and citizens of the member states truly understand its cultural heritage, the interconnections between European nations and the democratic...

• July 25 

The second half of 2024 represented a critical turning point for Romania's economy and political stability. In an attempt to counter the ever-expanding budget deficit and ensure macroeconomic balance, the government implemented a series of...

According to a draft emergency ordinance currently in decisional transparency on the website of the Ministry of Finance, the Government wants to exempt 32 people from the budgetary system, civil servants, from the stability austerity measures for...

• October 4 

The last financial quarter of last year was a time of intense complexity for the Romanian economy, in which political and economic forces faced significant challenges generated by the general elections, the tense geopolitical context and an...

Over 9.4 million citizens who went to the polls on November 24 had their options canceled by the Constitutional Court of Romania, which, after validating the first round of the presidential elections on December 2, reversed its decision on...

• December 1 

Didier Reynders, former European Commissioner for Justice between 2019 and 2024, is a suspect in a money laundering case, which was allegedly committed in 2018, that is, exactly the year in which the Justice system in our country was being turned...

Prime Minister Marcel Ciolacu declared yesterday, after the meeting with Deputy Prime Minister Tanczos Barna, Minister of Finance, that the budget for the current year will be built with caution, so as to fall within a 7% deficit, according to...

The rigid approach of tightening the fiscal environment is the worst option the Government can take at the moment, said yesterday the participants at the press conference "What are we doing with the Romanian economy?", organized by the...

The rigid approach of tightening the fiscal environment is the worst option the Government can take at the moment, said yesterday the participants at the press conference "What are we doing with the Romanian economy?", organized by the...

The year 2025 is shaping up to be difficult for investors on the Bucharest Stock Exchange (BVB), with the major budget deficit of our country, which must be reduced through fiscal measures with a possible impact on companies, the economic...

NATO member states that do not increase their defense spending to 5% of Gross Domestic Product will no longer have US protection in the event of a conflict, US President-elect Donald Trump said at a press conference in Palm Beach, USA, according...

The Minister of Finance, Tanczos Barna, stated yesterday in an interview with Kossuth Radio, quoted by the Maszol publication, that the Ciolacu government will finalize the first version of the state budget by January 27, without resorting to tax...

Fitch revised the outlook of our country's long-term foreign currency credit rating from "stable" to "negative" and maintained the rating at "BBB-", in a climate marked by political uncertainty, expectations of a more...

The Minister of Culture, Raluca Turcan, announced the allocation of 140 million euros for a large cultural investment project, "Cultural Foundations", the total estimated net cost of which is 280 million euros. Raluca Turcan spoke about...

The interior ministers of the EU countries, meeting yesterday in the Justice and Home Affairs (JHA) Council, decided to lift controls on persons at internal land borders with and between Bulgaria and Romania, starting with 1 January 2025, the...

Marcel Ciolacu and Nicolae Ciucă resigned on the same day they founded the PSD-PNL governing coalition three years ago: November 25. Ciolacu resigned from the PSD presidency because he went to bed as a finalist in the presidential elections and...

In a context of economic uncertainty and growing political tensions, the Chancellor of Germany, Olaf Scholz, made an unexpected move: the dismissal of the Minister of Finance, Christian Lindner, a decision that means the rupture of the governing...

The preparation of the campaigns for the presidential and parliamentary elections that will take place on November 24, respectively December 1, led the Government to increase the amount of budget expenditures in the second month of autumn in...

• July 5th 

The third quarter of 2024 was marked by a series of major challenges for Romania's economy. High summer temperatures have led to increased energy consumption, and the government has taken drastic measures to cover energy needs, including the...

• September 2 

The first month of autumn brought a series of economic and financial challenges for our country, especially in the context of a growing budget deficit, high inflation and volatility of energy prices. However, the Ciolacu government continued to...

Hungary's constant meddling in democratic processes in other countries, despite the Viktor Orban government's frequent rhetoric about protecting national sovereignty, represents a "perverse" situation, political expert Daniel...

Israeli politicians have criticized the missile attack carried out by Iran on the Holy Land and demand an immediate reaction, commensurate with its intensity, reports the N12 news channel.

The Plenary of the Parliament would appoint today the new management team of the National Bank of Romania, according to the agenda of the joint session of the Chamber of Deputies and the Senate. The mandate of the current management expires on...

Ştefăniţă Munteanu, godson of Prime Minister Marcel Ciolacu, remains the president of the Transelectrica Directorate following the recruitment process that took place in recent months. In addition to Munteanu, the other members of the Directorate...

• Marcel Ciolacu: "84% of the deficit goes to the investment area" • The Fiscal Council: "Undersized expenses, overestimated revenues, cash budget deficit of 8% at the end of 2024" • With an additional allocation of 5.48 billion lei,...  

Monaco, Italy, Switzerland or Dubai are just a few destinations that are trying to lure the very rich from Great Britain, where changes to the tax regime are being prepared, writes CNBC.

The PSD-PNL coalition has given two governments since December 2021, Ciucă and Ciolacu, whose results are similar, with identical governance mistakes, although the leadership was different. Because both the PSD in the August 24 Congress and the...

Companies and natural persons who pay their outstanding main debts to the state budget by August 31, 2024, will benefit from the cancellation of the ancillary debts calculated for the payment obligations, according to the emergency ordinance...

Yesterday, Prime Minister Marcel Ciolacu asked the representatives of the banking system in our country to support public investments, as well as the financing schemes launched by the Government to support the private sector, according to a post...

• August 1st 

The last month of summer was marked by a series of government decisions that continued to deepen the budget deficit, which - according to the budget execution for the first seven months published by the Ministry of Finance at the end of August -...

The Green Photovoltaic House program is financed with 2 billion lei and the applications will be able to be submitted during this month, said Mircea Fechet, the Minister of the Environment, Water and Forests, during a press conference held on...

Poland plans to allocate 4.6 billion zlotys ($1.2 billion) in the 2025 budget to begin preparations for the construction of the country's first nuclear power plant, according to Bloomberg.

The non-fulfillment of the milestones in the PNRR regarding the reduction of the threshold regarding the taxation of micro-enterprises (milestone 206), corporate governance (milestone 207) and the non-completion of the metro in Cluj Napoca will...