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We need an industrial "renewal", based on the three great trends of the 21st century: digitalization, decarbonization and circular economy. (Collage by MAKE)

The Letta Report and the Draghi Report versus Romania

In 2024, two reports were published, prepared at the request of the European Commission. The first report, coordinated by Enrico Letta, is entitled "More than a Market" and refers to the transformation of the single market into a true...

Raluca Turcan: "The approval of the new credit line offers the extraordinary opportunity to almost completely revive the public infrastructuremanaged by the Ministry of Culture and responds to a long-delayed need". (Photo source: Facebook/ Raluca Turcan)

"Culture" borrows 140 million euros for investments

Without financing, culture cannot survive. The Board of Directors of the Council of Europe Development Bank (CEDB) has approved a loan of 140 million euros for the "Cultural Foundation" project, which aims to save historical monuments and...

Victoria lui Trump: pieţele europene şi americane urcă, cele asiatice scad

Bursele europene au crescut ieri, în majoritate, în condiţiile în care republicanul Donald Trump va reveni la Casa Albă, în urma victoriei sale în alegerile prezidenţiale din SUA.

Trump's victory: European and American markets rise, Asian markets fall

European stock markets rose yesterday, mostly, in the conditions in which Republican Donald Trump will return to the White House, following his victory in the US presidential elections.

Digital traps in the era of green mobility

Amid an accelerated growth in the number of electric cars globally, hackers are exploiting new digital fraud techniques, including "quishing", a form of phishing that uses fake QR codes. Cybersecurity experts at Eset draw attention to...

BRICS Bridge: How Russia evades international sanctions

The Bank for International Settlements (BIS) is considering the possibility of closing the mBridge pilot project, a cross-border payments platform that Russian President Vladimir Putin considers a solution to circumvent international sanctions...

Florian Neagu, BNR: "All successful companies in Romania had a partner behind them to finance them"

All the successful companies in our country identified by the National Bank of Romania (BNR) had behind them a partner to finance them, whose role was not only to provide them with money, but also to temper them in periods of euphoria and helps...

SUPLIMENT IC&T"Pe ansamblu, piaţa rămâne una competitivă, însă necesită o adaptare rapidă la noile realităţi"

Reporter: Piaţa de IT&C şi-a schimbat "structura" după evenimentele din ultimii ani?

The participants in the macroeconomic panel of the SEE Property Forum discussed the challenges that influence the economic landscape of the states of Central and Eastern Europe and the current trends in consumption and investments in the respective countries

SEE Property Forum: Economic growth of 1.2-1.8%, at the end of the year, for Romania

The national economy will register an economic growth between 1.2 and 1.8% at the end of 2024, much lower than the one announced by the Government, of 2.8%, based on the data provided by the National Strategy and Forecasting Commission , said...

Photo source: Facebook/ Muzeul Naþional de Istorie a României

Investment: 100 million euros for the rehabilitation of the National Museum of History

The Minister of Culture, Raluca Turcan, announces that the contract regarding the approval documentation for the intervention works for the rehabilitation of the National Museum of History of Romania (MNIR) has been signed. The contract was...

Roxana Mînzatu said, in her response to the Commission's request to provide more information, that she had nothing new to declare. (Photo source: Roxana Mînzatu)

Roxana Mînzatu passes the JURI Commission, after explaining the wealth declaration

The Committee for Legal Affairs (JURI) of the European Parliament approved, yesterday, the 26 candidates for the positions of European Commissioners, even if for 23 of them it requested additional clarifications regarding the declarations of...

Reuters: Cumpărăturile online revin la creştere în Europa, pe fondul concurenţei intense

Revenirea încrederii consumatorilor a stimulat cumpărăturile online în Europa în acest an, a declarat miercuri grupul industrial ECommerce Europe, în timp ce platforme low-cost precum Temu, deţinută de PDD Holdings, au sporit concurenţa,...

Francois Villeroy, ECB: "We will probably cut interest rates this month"

The European Central Bank (ECB) will probably cut interest rates at the monetary policy meeting in October, says Francois Villeroy de Galhau, a member of the ECB Governing Council, quoted by La Repubblica publication, Bloomberg reports.

Filip & Company a asistat consorţiul de bănci care a intermediat emisiunea de obligaţiuni Romgaz, în valoare de 500 de milioane de euro

Filip & Company a asistat aranjorii BT Capital Partners S.A., Citigroup Global Markets Europe AG, Erste Group Bank AG, J.P. Morgan SE, Raiffeisen Bank International AG şi Unicredit Bank GmbH în tranzacţia prin care Romgaz a vândut pe pieţele...

Hungary is playing with fire: interventions in elections in EU states

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...

Preţul petrolului urcă puternic

Cotaţiile futures ale petrolului au crescut cu circa 3% ieri, la bursele internaţionale, pe fondul escaladării tensiunilor din Orientul Mijlociu, în condiţiile în care sunt alimentate îngrijorările legate de faptul că atacul militar al Iranului...

The price of oil is rising strongly

Oil futures quotes rose by around 3% yesterday, on the international stock exchanges, against the backdrop of escalating tensions in the Middle East, as concerns are fueled that Iran's military attack against Israel could lead to new...

The Minister of Education, Ligia Deca: "We have expanded the network of nurseries and kindergartens through European funds, as well as with the support of the World Bank, and we have gradually reduced the age of entry into compulsory education: the small group of kindergartens will become compulsory from 2030". (Photo source: facebook / Ligia Deca)

Ligia Deca praises early education

The first steps on the path of learning are very important. Early education is the cornerstone of children's development, therefore any investment in this sector is, in fact, an investment in the future, stated the Minister of Education,...

Why does the Fed's rate cut matter for global markets?

The impact of the Federal Reserve's long-awaited interest rate cut, which will be the first cut in four years, will be felt well outside the United States, according to a Reuters article reviewing the possible influence of the central...

The view of President Recep Tayyip Erdogan's administration is that the geopolitical center of gravity is shifting away from developed economies, according to Bloomberg sources, who note that the country's new diplomatic push reflects its aspirations to cultivate ties with all parties in a multipolar world, while fulfills obligations as a key member of the North Atlantic Treaty Organization (NATO). (Photo source: facebook / Recep Tayyip Erdogan)

Rejected for decades by the European Union, Turkey opts for BRICS; will it stay in NATO?

Turkey has formally applied to join the BRICS group of emerging nations, seeking to strengthen its global influence and forge new ties beyond its traditional Western allies, according to sources cited by Bloomberg.

The BVB indices entered a corrective phase, triggered by the turbulence in foreign markets

The long-term upward trend of the indices of the Bucharest Stock Exchange (BVB) entered a corrective phase in August, primarily due to the contagion with foreign markets that suffered a severe fall at the beginning of the month. The BET index, of...

Garanti BBVA a direcţionat peste 500.000 de euro în proiecte de mediu prin parteneriatul său de 14 ani cu WWF-România

Garanti BBVA sărbătoreşte anul acesta 14 ani de parteneriat cu WWF-România (Fondul Mondial pentru Natură), perioadă în care a direcţionat peste 500.000 de euro pentru susţinerea diverselor proiecte de protecţie a mediului, conform unui comunicat...

The conflict in Ukraine and the one in the Middle East forced the states and companies in the defense industry to adapt their strategies and invest massively in the development of new technologies and military capabilities.

The armaments industry - the new attraction for companies and investment funds

• Evolution of the romanian defense industry in the context of the new arms race

Although manufacturing more weapons and increasing ammunition stockpiles are expensive, NATO member states have the financial resources to do so according to a recent report by the International Institute for Strategic Studies which states that "overall, total NATO spending increased by 11% in 2024 , compared to 3 percent in 2023," and that the increase was larger among NATO's European members, "which increased their combined military spending by 19 percent in real terms in 2024."

The war in Ukraine - financial boom for European defense companies

Longer-term concerns about how Russia is acting not only on the front in Ukraine, but also in the Middle East and the Far East have led European NATO member states to embark on an extensive program to increase their own weapons stockpiles, fact...

At the end of July, the net assets of private pension funds in our country were 152.3 billion lei, the average value of the account being almost 17,000 lei. Of the more than 152 billion, only 5.4 billion represented the assets of optional pension funds (Pillar III), while the average value of the account was around 7,000 lei, according to the data available on the website desprepensiiprivate.ro.

What returns did Pillar II funds have in the first seven months of the year?

The nominal returns of the seven Pillar II private pension funds were around 8%, in the first seven months of this year, respectively 14-16% in the period July 2023 - July 2024, performances above those achieved in normal. They are really...

ASF Vice President Dan Armeanu says that an important factor in stimulating the development of voluntary private pension funds is represented by the level of tax deductibility of contributions.

"The demographic evolution increased the pressure on the public pension system"

Reporter: How adequate do you think the current pension system architecture is for our country's current and future needs?

Putin Elevates the War to a Global Scale

Putin is escalating the war to a global scale by successively adopting, over the past year, new legal norms (read...

Germany tightens the tap on military aid to Ukraine

The current Ukrainian offensive in the Kursk area, to create a buffer zone according to President Volodymyr Zelensky, risks running out of military support at some point, as the government in Berlin has halved Germany's contribution to the...

A comparison between George Simion's program and Kamala Harris' program; what AUR wanted in the beginning and what it wants now - differences and adaptations

After the American vice president Kamala Harris presented at the end of last week her economic program as a candidate for the position of the president of the USA, we wonder if what is called the Simion Plan still looks like a utopia - as...