Read the latest news from regional and global sources, presenting different voices and perspectives.
Romania's fiscal plan seen reducing deficits but slowing growth, says ING
BNE Intellinews
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Romania’s new fiscal consolidation package is likely to reduce the country’s twin deficits over the next two years, but at the cost of significantly slower economic growth (chart), analysts at ING said in a research note published on July 16. The...
Romanian Social Democratic Party demands tougher tax rules for multinationals and new turnover levy
Romania Insider
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July 17, 2025
Romania's Social Democratic Party (PSD) is pushing for stricter tax regulations targeting multinational companies and a new turnover tax as part of ongoing fiscal reform negotiations within the ruling coalition. Interim party president Sorin...
Romanian data watchdog fines Călin Georgescu for unlawful use of cookies, data collection on his website
Romania Insider
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July 17, 2025
Romania's data protection authority has fined far-right populist Călin Georgescu over RON 50,000 for violating both national and EU privacy regulations through his personal website. The investigation, concluded in June 2025 by the National...
Romania expands voluntary military service to replace aging reservists
Romania Insider
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July 17, 2025
Romanian defense minister Ionuț Moșteanu announced on Wednesday, July 16, that the government is planning to expand the voluntary military service. The measure is being taken given that the current reservists have aged. During an interview, the...
City Grill Group launches “Mixtură de Lăutărie” – an original artistic program bringing traditional music performed and mixed live with DJ rhythms, straight into its restaurants
Romania Insider
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July 17, 2025
City Grill Group, the leading Romanian player in the hospitality industry, is launching “Mixtură de Lăutărie,” an original musical concept that brings to its restaurants a sound experience unlike anything seen before in HoReCa: live music based on...
ING says fiscal package brings Romania lower twin deficits at cost of growth
Romania Insider
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July 17, 2025
Romania's fiscal consolidation plan will help government achieve its deficit targets of 7.5% this year and 6.4% in 2026 from the record 8.7% of GDP in 2024 (cash terms) and will moderate the current account (CA) deficit from 8.3% of GDP in 2024 to...
Romania's industry keeps positive trend in May with sharp 7.1% y/y advance
Romania Insider
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July 16, 2025
Romania's industrial output increased by 7.1% y/y or by 3.8% y/y in workday-adjusted terms in May, the statistics office INS announced. The adjusted growth rate is the strongest in three years, but it was helped by base effects – Erste Group notes...
Romania among countries projected to see sharp GDP, labor productivity decline due to heat
Romania Insider
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July 16, 2025
Romania will face some of the most severe economic consequences of heatwaves in Europe, with projected losses expected to exceed -2.5% of GDP by 2055–2064 due to lowered labor productivity, according to research published in Nature Communications...
Romanian government reportedly plans staff cuts of up to 40% in prime minister's office and secretariat
Romania Insider
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July 16, 2025
The Romanian government is preparing a major restructuring of the prime minister's office and the General Secretariat (SGG), with staffing reductions in some departments expected to reach 30–40%, Profit.ro reported on July 15, citing multiple...
Romanian political analyst: Azerbaijan is not just an actor in the South Caucasus, but a country that dictates the rules of the game
Azertag
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July 15, 2025
Bucharest, July 15, AZERTAC Romania’s “Gândul” portal has published an article by political analyst Cristian Lisandru highlighting Azerbaijani President Ilham Aliyev’s balanced and principled policy toward Russia. According to Lisandru, recent...
Yoko Ono’s ‘Dream Together’ Among the Shows Burnishing Berlin’s Status as Global Art Hub
The New York Sun
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July 16, 2025
Sprawling, unapologetically gritty, and full of contrasts, Berlin is not the most picturesque European capital. Yet its irrepressible energy, relative affordability, and freedom make it an incubator of cutting-edge culture. It maintains, too, its...
Libya, Romania discuss closer ties in Tripoli meeting
The Libya Observer
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Foreign Minister, Al-Taher Al-Baour, met with Romania’s Ambassador to Libya, Nicolae Marin, in Tripoli on Wednesday to discuss strengthening bilateral relations. Talks focused on expanding cooperation across various sectors and exchanging views on...
amalia savu’s traditional crafts research center reinterprets romanian regional identity
Design Boom
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July 16, 2025
the new Center for Innovation & Research in Traditional Crafts The Măldărești area stands out through its rich and diverse built cultural heritage, which includes a significant number of historical landmarks — from archaeological remains, public...
Fitch issues moderate note on Romania's fiscal package one month ahead of country update
Romania Insider
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July 16, 2025
Political risks have eased in Romania since the previous government introduced a consolidation package in late 2024 amid heightened tensions triggered by the annulment of November's presidential election and the coalition negotiations resulted in...
Romania, EU migration champion: 3.1 million Romanians live abroad
IPN
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July 15, 2025
0 Romania leads the migration rankings among EU countries, with 3.1 million citizens settled in other member states, 16.3% of the population, an exodus equivalent to the complete emptying of major cities, IPN reports with reference to Mediafax. A...
UniCredit expects Romania's public deficit at 8.5%-of-GDP this year
Romania Insider
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July 16, 2025
UniCredit Bank, in a report issued on July 14, projects Romania's public deficit to reach 8.5% of GDP this year in ESA terms, down from 9.3% in 2024 – a projection rather on the pessimistic side compared to the European Commission's 8.6%-of-GDP...
Shakespeare Of(f) Avignon: Theater festivals in Romania, France kick off collaboration
Romania Insider
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July 16, 2025
OFF Avignon, the performing arts festival held in conjunction with the Festival d'Avignon in France, and the International Shakespeare Festival Craiova (FISC) will collaborate to present several performances at both events. The project Shakespeare...
Romanian Industrial Production Grows 3.7%
RTTNews
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July 15, 2025
Romania's industrial output expanded for the first time in four months in May, data from the National Institute of Statistics showed on Tuesday. Industrial production logged a seasonally and working-day adjusted increase of 3.7 percent...
The decline of small Romanian cinemas
Osservatorio Balcani e Caucaso Transeuropa
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Plaza Romania Shopping Mall, Bucharest @ Radu Bercan/Shutterstock Romania has the lowest number of cinemas per capita in Europe. Of the more than 400 cinemas that existed after communism, most have been closed or converted. Modern multiplexes in...
Romanian defense minister salutes US decision to continue supplying weapons to Ukraine
Romania Insider
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July 15, 2025
Romanian defense minister Ionuț Moșteanu welcomed US president Donald Trump’s decision to continue supporting Ukraine with modern weaponry, including Patriot systems, on Monday, July 14. The minister noted that the announcement made by president...