Social/Politics
Romania Launches New State Aid Scheme, With Maximum Budget Of RON3.75B, For Investment Projects
Romania’s finance ministry has launched a new state aid scheme for investments of over RON500 million, aiming to attract 15 large-scale projects. The maximum budget of the state aid scheme i...
EC Approves EUR216M Cohesion Fund Investment for Bucharest's Thermal Energy Transmission
The European Commission has approved an investment of EUR216 million from the Cohesion Fund to modernize the thermal energy transmission system of Bucharest, the capital of Romania.
Ex PM Viorica Dancila To Advise on Strategy within Central Bank Euro Entry Dept
Romania's former social-democrat prime minister Viorica Dancila has not been appointed advisor to the central bank governor but will advise on strategy issues within the central bank's euro...
Ex PM Viorica Dancila Appointed Advisor to Central Bank Governor
Romania's former social-democrat prime minister Viorica Dancila has been appointed advisor to central bank governor Mugur Isarescu, the central bank confirmed Tuesday.
PM: Romania Posts Fastest Economic Recovery in History
Romania registers the fastest economic recovery in history after the biggest economic crisis of the past hundred years, Romanian prime minister Florin Citu said Tuesday after official data s...
Tarom Cancels Monday's Tel Aviv Flights Amid Escalating Violence
Romanian state airline Tarom has canceled Monday's flights to Tel Aviv amid escalating hostilities between the Israeli military and Hamas in Gaza.
IMF Mission Reviews Romania Under Article IV in May
An International Monetary Fund team headed by Jan Kees Martijn, IMF mission chief for Romania, will visit Bucharest virtually between May 10 and May 28, 2021 to undertake the annual review o...
Bucharest Unemployment Rate At 1.21% In March 2021
Capital city of Bucharest registered 14,974 jobless people (of whom 8,127 women) at the end of March 2021, taking the unemployment rate to 1.21%, lower by 0.82% compared with February 2021,...
EIB Lends EUR250M to Romania for Iasi Regional Hospital
The European Investment Bank (EIB) will grant a EUR250 million 27-year financing to Romania for a regional 850-bed hospital in Iasi, northeastern Romania.