Social/Politics
Romania’s PM Resigns After Ruling Coalition's Candidate Was Eliminated In First Round Of Presidential Vote
Romanian Prime Minister Marcel Ciolacu has announced his resignation after the ruling coalition’s pro-EU presidential candidate, Crin Antonescu, failed to reach the presidential election run...
Statistical Office: 2.1 Million Foreign Tourists Visited Romania In 2024, 11% More YoY; Spent EUR1.3B
Romania was visited by 2.1 million foreign tourists in 2024, 11% more than in 2023, who spent a total of RON6.5 billion (EUR1.3 billion), namely, an average value of RON3,024 per person, acc...
Verita International School Attracts EUR40M Investment Via Partnership With Dukes Education
Bucharest-based private school Verita International School, focused on social-emotional learning programs, has concluded a partnership with Dukes Education, the largest group of schools in t...
Romania Pillar III Pension Funds Attracted almost 133,000 Romanians in 2024, Up 40% YOY
Around 133,000 Romanians started in 2024 saving for retirement via voluntary private pensions (Pillar III), 40% more than in 2023 and an all-time high in terms of the number of new clients a...
Raiffeisen Bank Romania: 3 In 10 Romanians Feel Blue Monday As One Of The Most Difficult Days Of The Year
3 out of 10 Romanians feel Blue Monday as one of the most difficult days of the year, and the main causes of emotional discomfort are cold weather, excessive spending during the holiday peri...
World Bank Report: One-Third Of Romania’s Population At Risk Of Poverty
Romania experienced robust economic growth between 2016 and 2021, resulting in a substantial reduction in poverty; the poverty rate ($6.85/day PPP) dropped by 14.7 percentage points to 7.1 p...
Special Construction Tax Postponed For 90 Days
The introduction of the special construction tax should be postponed for 90 days, sources close to the talks say, during which the government should discuss with the companies directly affec...
Government Adopts Ordinance On Curbing Budget Deficit
The government on Monday announced the adoption of the emergency ordinance aimed at curbing budget deficit to 7% in 2025, as undertaken before the European Commission.
No Special Construction Tax Yet, PM Ciolacu Says
The special construction tax will not be levied unless enforcement guidelines have been issued first and the finance minister has had talks with the major companies that have investments pla...