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AUR challenges Romanian government’s first fiscal corrective package at Constitutional Court

AUR challenges Romanian government’s first fiscal corrective package at Constitutional Court

The far-right Alliance for the Union of Romanians (AUR) filed a constitutional challenge against the "austerity law" recently passed by the Ilie Bolojan government through the assumption of responsibility procedure. AUR claims the law through...

E.ON Drive Infrastructure unveils largest electric vehicle charging hub in Romania

E.ON Drive Infrastructure unveils largest electric vehicle charging hub in Romania

Charge point operator E.ON Drive Infrastructure announced the largest electric vehicle charging hub in Romania in Pitești on Tuesday, July 15. Located in the Vivo! Shopping Complex, the facility includes 50 charging points of various power levels....

Redport and Dan Șucu launch Vitality Est showroom, break ground on EUR 50 mln residential project in Bucharest

Redport and Dan Șucu launch Vitality Est showroom, break ground on EUR 50 mln residential project in Bucharest

Real estate developer Redport and businessman Dan Șucu officially inaugurated the showroom for their latest residential project, Vitality Est, and announced the start of construction work on the site near Pantelimon Park and Lake in eastern...

6 Ways Romania is investing in its digital infrastructure

6 Ways Romania is investing in its digital infrastructure

Something is quietly shifting in Romania. In places where paperwork, patchy Wi-Fi, and long queues once ruled, change is starting to show. Towns are more connected, cities are getting smarter, and essential services are beginning to live online,...

AZERTAC at 105: Collaboration among global News Agencies is crucial to mitigate biased news, media experts observed at Lachin Roundtable

AZERTAC at 105: Collaboration among global News Agencies is crucial to mitigate biased news, media experts observed at Lachin Roundtable

DND Report Lachin, Azerbaijan: The beautiful scenic Lachin city hosted the Roundtable on “AZERTAC at 105: The Past, Present, and Future of Cooperation as part of the 3rd Shusha Global Media Forum. The Round Table focused on the need for...

Claudia Knocks it out the Park with Career Transformation

Claudia Knocks it out the Park with Career Transformation

A University of Sunderland graduate who is using her creative talents to help a charity inspire social change, inclusion and opportunity through cricket is proving it is never too late to change your life. After working as a medical secretary for...

Provocation Planned in Budapest on Anniversary of Romanian Army’s 1919 Entry

Provocation Planned in Budapest on Anniversary of Romanian Army’s 1919 Entry

Mihai Tîrnoveanu, President of the Calea Neamului Association The Calea Neamului Association will hold a commemoration ceremony in front of the Hungarian Parliament on August 3, marking the anniversary of the Romanian Army’s entry into Budapest on...

Romanian Jewish representative criticises president for challenging hate speech bill

Romanian Jewish representative criticises president for challenging hate speech bill

BUCHAREST - A Romanian Jewish legislator said he would return his national order of merit on Friday in protest after the centrist president challenged a bill seeking harsher punishment for antisemitism and hate speech in the country's top court....

Romania Inflation Rises To 5.7%

Romania Inflation Rises To 5.7%

Romania's consumer price inflation accelerated in June to the highest level in more than a year, data from the National Institute of Statistics showed on Friday. The consumer price index, or CPI, rose 5.7 percent year-on-year in June, faster than...

Romania enacts stricter gambling ad rules, bans use of celebrities in promotions

Romania enacts stricter gambling ad rules, bans use of celebrities in promotions

Romania's National Audiovisual Council (CNA) has introduced new advertising restrictions targeting the gambling sector, including a ban on the use of celebrities in promotional content and the mandatory broadcast of public warnings comparing...

Romanian president challenges law on combating fascists, legionary propaganda at Constitutional Court

Romanian president challenges law on combating fascists, legionary propaganda at Constitutional Court

Romanian president Nicușor Dan has sent a law to the Constitutional Court (CCR) that criminalizes the online distribution of fascist, legionary, antisemitic, or xenophobic content, citing concerns over vague definitions and potential violations of...

Romanian president takes part in video call with major allies to discuss support for Ukraine

Romanian president takes part in video call with major allies to discuss support for Ukraine

Romanian president Nicușor Dan participated on Thursday, July 10, in a video call with other EU and American leaders who want to provide Ukraine with additional support. Also on the call were British prime minister Keir Starmer, French president...

Romania joins EU initiative to boost trade with Ukraine through export guarantee facility

Romania joins EU initiative to boost trade with Ukraine through export guarantee facility

Romania has officially joined a European Union initiative aimed at strengthening trade with Ukraine, as Exim Banca Romaneasca signed on to the InvestEU Ukraine Export Credit Guarantee Facility. The program, backed by the European Investment Fund...

Romania’s revised Q1 GDP shows slower consumption growth

Romania’s revised Q1 GDP shows slower consumption growth

Romania’s revised Q1 GDP data confirm the slow (+0.3% y/y) annual growth and the stagnation (+0.0% q/q) of the seasonally adjusted data but brings two adjustments that correlate between themselves: services to households (including trade)...

Romania’s trade deficit to GDP ratio up 0.7 pp to 9.9% in 12 months to May

Romania’s trade deficit to GDP ratio up 0.7 pp to 9.9% in 12 months to May

Romania’s foreign trade in goods picked up in May, with the annual growth rates for both exports (EUR 8.00 billion, +10.6% y/y) and imports (EUR 10.73 billion, +5.0% y/y) enhanced by Easter (celebrated in April this year but in May last year). The...

Romania joins EU initiative to bolster trade with Ukraine by offering export guarantees

Romania becomes one of ten EU countries participating in European push to support trade with Ukraine. Exim Banca Romaneasca joins the InvestEU Ukraine Export Credit Guarantee Facility. Backed by EIF, initiative to support as many as 25 Romanian...

Romania: New CNA code bans celebrity endorsement

Romania: New CNA code bans celebrity endorsement

The National Audiovisual Council has confirmed new legislation around gambling advertisements. By Will Underwood Key points: - Romania’s regulator, CNA, has enacted a ban on celebrity appearances in gambling ads - This legislation will apply to...

Romanian SocDem leader hints his party stays with the ruling coalition for now

Romanian SocDem leader hints his party stays with the ruling coalition for now

The interim president of the Social Democratic Party (PSD) in Romania, Sorin Grindeanu, stated on July 10, after the opposition delivered its no-confidence motion against the government, that "his party did not join the ruling coalition to leave...

Romanian CFA Society chief sees yearend inflation at 8% with upward risk

Romanian CFA Society chief sees yearend inflation at 8% with upward risk

Inflation will reach at least 8% in 2025 (yearend data), but there is a risk that the generalized increase in prices will rise to 10-11%, according to Adrian Codirlaşu, president of the CFA Romania association of financial analysts, speaking on...

Romania’s central bank to launch nationwide survey on household wealth and consumption

Romania’s central bank to launch nationwide survey on household wealth and consumption

The National Bank of Romania (BNR) has launched a public tender worth RON 6 million to conduct a nationwide statistical survey aimed at assessing household wealth, financing, and consumption patterns, according to procurement documents published...

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