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Klaus Iohannis announces his resignation as President of Romania

Tuesday, February 11, 2025

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Klaus Iohannis announced on Monday his resignation as President of Romania. He said he will leave office on February 12."In order to spare Romania and the Romanian citizens from this crisis, from this negative evolution, I resign as President of Romania. I will leave office the day after tomorrow, on February 12," Klaus Iohannis told a press conference held at the Cotroceni Presidential Palace on Monday.The suspension procedure is a "useless", ...

President of the Senate Ilie Bolojan to take over as interim President of the Cotroceni

Tuesday, February 11, 2025

The president of the Senate, the liberal leader, Ilie Bolojan will ensure the interim position at Cotroceni Palace after President Klaus Iohannis announced his resignation, and will leave office on 12 February.   According to Article 98 of the Constitution, "if the office of President becomes vacant or if the President is suspended from office or is temporarily unable to fulfil his duties, the President of the Senate or the ...

Political analyst: Crisis only deepens with Iohannis's resignation, which mainly benefits the far right

Tuesday, February 11, 2025

Political analyst Cristian Pirvulescu argues that President Klaus Iohannis had no other option but to resign office, yet on the other hand, his gesture only deepens the crisis and mainly benefits the far-right opposition."Given the immense pressures that were exerted, the president had no other alternative but to resign, because pressure came from all directions. It's hard for me to say whether the current government majority warned him that they would not ...

Della Rocca (ARF): NATO, facing most dangerous and unpredictable security environment

Tuesday, February 11, 2025

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 NATO is facing "the most dangerous and unpredictable security environment" in decades, the representative of the Allied Reaction Force (ARF), Colonel Raffaele Della Rocca, said on Monday.He participated, along with the representative of the the Ministry of National Defence Joint Forces Command (CFI-MApN), Colonel Bogdan Tudorache, at the press conference for the presentation of the multinational exercise STEADFAST DART 25 (STDT 25), taking place in ...

 2024 trade balance deficit widens by 15.3pct to almost EUR 33.4 billion

Tuesday, February 11, 2025

Romania's FOB/CIF trade balance deficit in 2024 rose to EUR 33.393 billion, up EUR 4.4 billion euros (+15.3%) from 2023, according to data published on Monday by the National Institute of Statistics (INS).In December 2024, FOB exports amounted to EUR 6.581 billion, and CIF imports to EUR 9.916 billion, which gave a EUR 3.336 billion deficit.As against December 2023, Romania's exports in December 2024 increased by 7.1% while imports increased by ...

Romania, among the largest declines in industrial producer prices in the EU in December

Tuesday, February 11, 2025

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In December 2024, compared with November 2024, industrial producer prices increased by 0.4% in both the euro area and the EU, according to first estimates from Eurostat, the statistical office of the European Union. In November 2024, industrial producer prices grew by 1.7% in ...

Trade: Bucharest topping retail sales rankings in Romania

Tuesday, February 11, 2025

Bucharest is the national leader in Romania in terms of retail sales, with 10.49% of the total, followed by Timisoara (7.23%) and Cluj-Napoca (4.58%), according to a special survey conducted by Footprints AI.The survey shows that women generate almost 60% of trades in Romanian retail, and the 35-54-year-old segment dominates consumption through financial stability and orientation towards quality products, while families with children contribute almost 35% of ...

Tourism : Turkey reports over 1 million Romanian tourists by the end of 2024

Tuesday, February 11, 2025

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According to the Ministry of Culture and Tourism of Turkey, the country hosted 1,173,358 Romanian tourists between January and December 2024, an increase of 18.52% compared to 2023 (990,005). Moreover, by the end of 2024, Turkey hosted 329,796 tourists from the Republic of Moldova, 14.36% more than in 2023 (288,377).   Türkiye achieved a 9.8% year-on-year growth in its visitor numbers and ...

Real Estate: Romanian real estate investments reach 750 million EUR, up 58 pct, in 2024

Tuesday, February 11, 2025

Real estate investments in Romania reached 750 million EUR in 2024, up 58% from the previous year, but slightly below the annual average of 800 million EUR over the past decade, according to an annual report published by Colliers, a real estate consulting company."Romania stood out as a regional leader, with the best performance compared to the other five major Central and Eastern European economies - Bulgaria, the Czech Republic, Hungary, Poland and ...

Healthcare: Over 100,000 Romanians are diagnosed with cancer annually

Tuesday, February 11, 2025

 Over 100,000 Romanians are diagnosed with cancer annually, with the total number of cancer patients in the doctors' records between January and September 2024, standing at 564,764, up 2% y-o-y, the Federation of Romania's Cancer Patients' Associations (FABC) said on last Tuesday.On World Cancer Day, which is marked annually on February 4, FABC organised an event to highlight the urgent need for health education and launched a public call for the ...

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