Romanian President: Romania Could Lose EUR 3 Billion If Law For Pension Hike Is Promulgated
Klaus Iohannis, the Romanian president, warned in a press conference that Romania could lose 3 billion EUR in European funds if the law regarding pension...
Tag : Romanian Government
Romania Picks Up on European Funds Absorption
Romania absorbed more European funds in the first 10 months since the current Government is in office. According to the PM Ludovic Orban, Romania has...
Romanian Opposition Fails to Vote the No-Confidence Motion
Romanian Opposition leaders showed lots of optimism before the no-confidence motion they filed in Parliament. Unfortunately for them, their strategy failed and the no-confidence motion...
Romanian PM: Restaurants Could Be Open from September
Romanian PM, Ludovic Orban, announced on Tuesday, August 25, that restaurants could be opened again starting on September the 1st. A decision on that could...
Romanian Opposition Files a No-Confidence Motion Against the Government
Romanian Opposition leader, Marcel Ciolacu, the interim president of the PSD – Social Democratic Party, announced his party filed a no-confidence motion against the Government...
Romania’s Economy Falls 12.3% in Q2
Romania’s economy falls 12.3% in Q2 as compared to Q1 2020. Year to year, the fall in Q2 2020 as compared to Q2 2019 is...
Bucharest Municipality Has Its Bank Accounts Seized for EUR 115 M Debt
Bucharest City Mayor, Gabriela Firea, announced on Friday that the Bucharest Municipality had its bank accounts seized. The announcement was made after previous warnings had...
Erste Bank: 8.5% Unemployment Rate in Romania in 2021, Higher than the Record from 1993
Erste Bank, the biggest banking group in the Central and Eastern Europe and the owner of the Romanian BCR reveals its estimates for the evolution...
Romanian Airline Companies TAROM and Blue Air to Receive EUR 124 M in State-Guaranteed Loans
The global air traffic decreased with 90% during the pandemic, which led to serious problems for the air companies, including the two big players in...
The Failure of the Romanian Strategy for Combating COVID-19 Pandemic
Lithuania, Finland, Cyprus and even sister country Moldova forbid the entry of Romanian citizens on their territory following the increase of the daily number of...
