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Cristian Popa (BNR): Attracting foreign investment must remain a priority; there is no prosperity in isolationism or autarchy
Wednesday, May 14, 2025
A stable economic climate, less bureaucracy, no unnecessary barriers and easy access to foreign markets are essential factors for a free and prosperous economy, argues Cristian Popa, member of the Board of Directors of the National Bank of Romania (BNR), in an opinion article posted on LinkedIn.He specified that the present opinion belongs to the author and does not represent the position of the National Bank of Romania."Foreign investment ...
Judges deny FBI extradition request for Romanian teen suspected of sending hundreds of bomb threats
Wednesday, May 14, 2025
The Bucharest Court of Appeal turned down on Tuesday the extradition request of the US authorities for a 17-year-old Romanian student accused of sending hundreds of bomb threats to institutions overseas and manipulating underage girls to engage in acts of extreme violence, sexual exploitation and self-mutilation.The court also lifted the house arrest order issued against the defendant who had been subjected to this measure since January 21, 2025. The ruling ...
Animation Bucharest International Film Festival coming to Bucharest and another 11 cities May 30
Wednesday, May 14, 2025
The fifth edition of Animation Bucharest International Film Festival (ABIFF) will take place in Bucharest and another 11 cities between May 30 and June 1.According to the organizers, this year's program includes various sections and events dedicated to a diverse audience, with a strong focus on Romanian and Polish animation, as well as its creators.A major novelty at ABIFF #5 is the online pitch dedicated to Romanian producers and ...
Romania to participate in Turin International Book Fair
Wednesday, May 14, 2025
Romania will participate in the 37th edition of the Turin International Book Fair, held May 15-19, with a national stand featuring a diverse editorial selection and an engaging event programme, including personalities from both Romania and the Republic of Moldova, with the Romanian presence organised by the Romanian Cultural Institute (ICR), through the National Book Centre, and the Romanian Institute of Culture and Humanistic Research in Venice.According to ...
Senate/Abrudean, meeting with Roberta Metsola, the President of the European Parliament
Tuesday, May 13, 2025
In a discussion on Monday in Budapest with President of the European Parliament Roberta Metsola, interim Senate President Mircea Abrudean said that Romania's "commitment" to stability, reforms and the European course remains "as firm and relevant" as ever."Discussion with Mrs. Roberta Metsola, President of the European Parliament, on the sidelines of the Budapest conference, about the situation in Romania, about the fact that the country is governed ...
EXCLUSIVE Letter from seven former US ambassadors: “Romanians face a historic choice—Putin or America”
Tuesday, May 13, 2025
Seven former U.S. ambassadors to Romania have signed, in an unprecedented move, a joint letter sent to G4Media.ro a week ahead of Romania’s May 18 presidential election, warning that Russia is once again on the offensive and that ...
Ilie Bolojan announces that he is voting for Nicusor Dan
Tuesday, May 13, 2025
Interim President Ilie Bolojan stated that after analyzing the two candidates who reached the second round, he decided to vote for Nicusor Dan, in an interview with Radio Free Europe on Monday. Asked by the moderator to send a message to voters, the interim president asked them to go out and vote their conscience. “I believe that we have earned a right over the ...
Presidential2025/ The Romanian Orthodox Church reaffirms its neutrality in the elections
Tuesday, May 13, 2025
The Romanian Patriarchate sent, on Sunday a press release which shows that the Romanian Orthodox Church clearly ‘restates its neutrality during the electoral campaign”.'The Romanian Orthodox Church clearly reaffirms its neutrality during the electoral campaigns, by delimiting itself from any act of partisan politics and by avoiding involvement in the public support of any of the candidates ...
Acting president Bolojan promulgates law on coordinated control at Romanian-Moldovan border (Galati-Giurgiulesti)
Tuesday, May 13, 2025
Acting President Ilie Bolojan on Monday promulgated the law on the ratification of the Agreement between the Government of Romania and the Government of the Republic of Moldova regarding the coordinated control on the territory of Romania at the Galati (Romania) - Giurgiulesti (Republic of Moldova) road state border crossing point, on the way into Romania.The Agreement was signed on November 20, 2024, in Bucharest."This Agreement creates the ...
First Military Drones to Be Built in Brasov
Tuesday, May 13, 2025
Romania aims to enter the arms production market, given that the European Union is making 800 billion euros available for the development of this sector. The drones manufactured in Brasov will be used in reconnaissance and attack missions. Carfil Director Mircea Petru Tantau told Digi24 that seven types of military drones will be manufactured in ...
Romania mainly imports between 20% and 70% of defence industry components from the EU and the US
Tuesday, May 13, 2025
The share of imported parts used in the defence industry of Romania may vary between 20% and 70% being acquired from member states of the EU and third states, such as the US, said the ministry of economy, digitalization, entrepreneurship and tourism (MEDAT) in an answer to a request of Agerpres.'In order to strengthen operational capabilities and to align with ...
Survey: Investors fear instability amid depreciation of RON and Romanian stocks
Tuesday, May 13, 2025
Investors fear instability amid the depreciation of the RON and Romanian stocks, given that it is unclear what direction Romania will take after the elections and how this will influence the economy, which is also facing the largest budget deficit in the EU, according to an analysis conducted by eToro analyst Bogdan Maioreanu."The uncertainty generated by Sunday's presidential elections is deeply influencing the Bucharest Stock Exchange, the ...
Trade deficit, up by 26.9% in first quarter, imports increased by 8.1% and exports by 2.7%
Tuesday, May 13, 2025
The trade balance deficit (FOB/CIF) was, in the first quarter of this year, 8.453 billion euros, up 26.9% (+1.792 billion euros) compared to the one recorded in the first quarter of 2024, according to data from the National Institute of Statistics, published on Monday.In March 2025, FOB exports amounted to 8.453 billion euros, and CIF imports amounted to 11.289 billion euros, resulting in a deficit of 2.836 billion euros. Compared to March 2024, ...
Over 4.68 million pensioners, end-April 2025, average pension - 2,759 RON
Tuesday, May 13, 2025
In April 2025 there were 4,686,479 pensioners in Romania, 21,837 more than in the previous month, and the average pension was 2,759 RON, according to data centralized by the National House of Public Pensions (CNPP).The total value of pension rights amounted to 12.931 billion RON.Of the total number of pensioners, 560,901 had worked in agriculture and the average pension was 674 RON.According to CNPP statistics, the number of ...
Natural increase of population remains negative in March
Tuesday, May 13, 2025
The natural increase of the Romanian population continued to be negative in March 2025, with a minus of 11,150 people, an increase compared to March 2024, when the negative increase was 8,982 people, according to data published on Monday by the National Institute of Statistics (INS).According to official statistics, in the reference period, the number of birth certificates for live births decreased by 0.5%, while the number of death certificates increased by ...
Romania Pro-EU Rally Garners Thousands Ahead Of Presidential Run-off By
Monday, May 12, 2025
AFP - Agence France Presse Tens of thousands rallied in Romania's capital Friday to demand a commitment to the country's pro-European path ahead of next week's presidential run-off, after a far-right candidate came out on top in the initial vote. The rally came after George Simion, an EU critic who opposes ...
Minister Hurezeanu - in Lviv, at meeting for establishment of Special Tribunal for War Crimes against Ukraine
Monday, May 12, 2025
Minister of Foreign Affairs, Emil Hurezeanu, participated on Friday, in Lviv, at the high-level meeting of the participating states within the core group for the establishment of the Special Tribunal for War Crimes against Ukraine.According to a release from the Ministry of Foreign Affairs (MAE), the meeting marked the announcement of the initiation of the process of establishing the Special Tribunal, with the participation of the Prime Minister of Ukraine ...
Interim president Bolojan, at the
Monday, May 12, 2025
Acting President Ilie Bolojan emphasized on Saturday, at the 'Coalition of the Willing' Summit, that reaching a lasting and just peace in Ukraine as soon as possible is in Romania's interest."Today, at the 'Coalition of the Willing' Summit, I emphasized that it is in Romania's interest for a lasting and just peace in Ukraine to be reached as soon as possible. This requires continued support and solid security guarantees for this country. I am convinced that ...
Reuters: Romania should be compensated for aiding Ukraine, hard-right presidential frontrunner says
Monday, May 12, 2025
Romania's hard-right presidential frontrunner George Simion said in a televised debate that the EU and NATO state should be compensated for the ...
PresidentialElection2025/Constitutional Court validates first round of presidential election
Monday, May 12, 2025
The Constitutional Court of Romania (CCR) validated on Friday the result of the first round of the presidential election, held on May 4.According to a CCR press release sent on Friday, within the framework of verifying the procedure for electing the President of Romania and giving effect to the powers outlined in the Constitution of Romania, and taking into account the vote cast in the first round of the 2025 presidential ...