Social/Politics
Romania Secures EUR80B From The EU For Economic Recovery, Infrastructure Development
Romania will receive EUR79.9 billion from the European Union for economic recovery and infrastructure development, President Klaus Iohannis announced on Tuesday (July 21).
Eurostat: 54% Of Romanians Unable To Afford A One-Week Annual Holiday In 2019
54% of Romanians were unable to afford a one-week annual holiday in 2019, nearly double compared to 29% of residents of EU Member States aged 16 or over who were unable to afford paying for...
Smithfield Closes Timis Processing Plant for a Week after Major COVID-19 Outbreak
Smithfield Romania has closed its biggest processing plant in the country, in Timis county, western Romania, after 93 of its employees tested positive for COVID-19.
European Union Invests EUR118M In Ten Transport Infrastructure Projects In Romania
The European Commission said on Thursday it is providing EUR118 million for Romania to finance reconstruction works and feasibility studies for ten major railway, water and road infrastructu...
Investments, Consumption to Cushion Economic Downturn in 2020 – Finance Minister
Romania's government has invested RON16.1 billion in the country's economy in the first six months and investments and consumption are excepted to cushion this year's economic downturn and l...
Romania Seeks to Double Loan Cap Under Subsidized Mortgage Lending Program
Romania's government plans to revamp the First Home subsidized mortgage lending program by raising the loan ceiling for new builds to EUR140,000, double compared with the current EUR70,000.
Romanian Masons Dismiss Their Grand Master
• Radu Bălănescu and his team have been removed from the management of NGLR • The decision of the Special Commission was taken unanimously • The President of the Commission is the author of...
Study: Romania Imports 25,000 To 96,000 Tons Of Vegetable And Fruit Monthly
A study conducted by agricultural cooperative Cooperativa Tara Mea in July 2020 shows Romania’s vegetable imports grew in 2019, including in the months of July and August, when the country a...
Romania Taps International Markets with 10 and 30-Year Bonds
Romania's finance ministry on Tuesday tapped international markets with two US dollar-denominated bond issues, maturing in 10 and 30 years, respectively.