Social/Politics
European Commission Approves EUR222M Investment For Water Infrastructure In Ilfov County
The European Commission said in a press statement on Friday that it approved an investment of over EUR222 million from the Cohesion Fund to upgrade and install drinking water and wastewater...
Bucharest City Hall Seeks to Buy Thermal Power Producer ELCEN
Bucharest general mayor Nicusor Dan said Thursday the city hall intends to acquire state-owned thermal power producer Electrocentrale Bucuresti (ELCEN), which is the capital city's heat supp...
Romania Extends 9-Month Loan Repayment Moratorium
Romania's finance ministry has drafted an emergency decree extending a nine-month moratorium on bank loan repayments for debtors affected by the pandemic, after the previous moratorium expir...
Romania Postpones Euro Adoption Calendar on Heightened Macroeconomic Imbalances
Romania will postpone yet again setting a calendar for euro adoption as the country doesn't meet convergence criteria and faces heightened macroeconomic imbalances due to the pandemic, the f...
BT Analyst: Household Saving Rate At Record High In 2020, Averaging 16.9% In Jan-Sept Under Pandemic Impact
The household saving rate reached on average 16.9% (a record high) between January and September 2020, higher by 2.3 percentage points compared with the average recorded in 2019, stated Andr...
European Commission Seeks Talks on Romania's 2021 Budget
The European Commission seeks to discuss Romania's 2021 budget plan as the fiscal situation in Romania continued to deteriorate substantially in 2020, it said in a letter addressed to newly...
Romanian Parliament to Receive 2021 State Budget Bill on Feb 4
Romania's 2021 state budget bill will reach Parliament on February 4, prime minister Florin Citu said Wednesday.
Romania To Freeze Public Sector Wages At Dec 2020 Level, PM Citu Says
Prime Minister Florin Citu on Monday said the salaries of employees in the public sector would be frozen at the level of December 2020.
Citu Cabinet Gains Confidence Vote in Romanian Parliament
Romania's new government led by liberal prime minister Florin Citu gained a vote of confidence in Parliament Wednesday.