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Several Romanian feature films set to be shown at Locarno International Film Festival

Several Romanian feature films set to be shown at Locarno International Film Festival

Romania will be represented by several important film productions at the 78th edition of the Locarno International Film Festival, taking place in Switzerland between August 6-16. Three of the Romanian feature films selected are produced or...

Romania's retail sales stagnate for ninth consecutive month in May

Romania's retail sales stagnate for ninth consecutive month in May

Romania's retail sales posted a 2.5% y/y advance in May, resulting in an average 1.4% y/y advance in April-May – a period that filters out the different Eastern holiday periods in 2024 and 2025. The retail sales thus decelerated after posting 3.5%...

Romanian PM confirms second fiscal corrective package by end of July

Romanian PM confirms second fiscal corrective package by end of July

Romania's prime minister Ilie Bolojan, speaking in front of the Parliament on July 7 to assume responsibility for the first package of fiscal measures, outlined again the measures that will be included in the second package, which mainly targets...

UNFINISHED festival to hold tenth edition in September in Bucharest

UNFINISHED festival to hold tenth edition in September in Bucharest

This year, the UNFINISHED festival will celebrate ten years with a new edition, taking place from September 26 to 28 in Bucharest. After that, the festival will move to a new format, according to the organizers. Founded in 2016, the festival has...

Romanian government assumes responsibility for fiscal corrective package

Romanian government assumes responsibility for fiscal corrective package

The government of Romania assumed responsibility for the fiscal corrective package on Monday, July 7, requiring the Parliament to endorse the bill without a vote and accepting in exchange to face a no-confidence motion. The largest opposition...

Economy Minister Dilov: Bulgarian Exports to Romania Increase by Nearly 20% in Q1 of 2025

Economy Minister Dilov: Bulgarian Exports to Romania Increase by Nearly 20% in Q1 of 2025

Trade with Romania increased by 7% in the first quarter of 2025, while Bulgarian exports increased by 18.9% compared to the same period last year, it became clear during a meeting between Minister of Economy and Industry Petar Dilov and Romanian...

This former teacher and coach is staging his first art exhibition — at age 90

This former teacher and coach is staging his first art exhibition — at age 90

Seymour Lemonick just accomplished something few 90-year-olds can dream of: staging his first art exhibition. For the retired Philadelphia teacher and football coach — a sculptor and self-taught woodworker whose Elkins Park, Pennsylvania, home is...

Brussels backs Romania’s drastic fiscal recovery plan

Brussels backs Romania’s drastic fiscal recovery plan

Following a meeting of EU finance and economy ministers, European Commissioner Valdis Dombrovskis said Bucharest’s measures represented an “important and positive step toward complying with the new excessive deficit recommendation, provided all...

Dutch government seeks new tools in fight against fake news

Dutch government seeks new tools in fight against fake news

Published on 08/07/2025 - 16:32 GMT+2 The Dutch government is exploring new legal powers to combat fake news "in view of the geopolitical developments and the real threat to national security", outgoing Home Affairs Minister Judith Uitermark said...

The Romanian Government assumes accountability for the first fiscal package

The Romanian Government assumes accountability for the first fiscal package

The Bucharest executive has taken responsibility for the first package of fiscal austerity measures Ilie Bolojan Corina Cristea, 08.07.2025, 14:00 Holding the undesirable record of the country with the largest budget deficit in the EU – 9.3% of...

Visiting Romania? Travellers eye price, tax hikes soon

Visiting Romania? Travellers eye price, tax hikes soon

Dubai: If you’re planning to visit Romania this year, be prepared to spend a little more. The Romanian government is pushing through a set of tax hikes starting next month that could impact the cost of everything from restaurant meals and fuel to...

How Romania fought off a dangerous populist and what lessons should be learned

How Romania fought off a dangerous populist and what lessons should be learned

Last week, Romania’s Prosecutor’s Office referred the case of far-right figure Călin Georgescu, a former presidential candidate, to court. He is charged with publicly promoting fascist and racist ideas, as well as glorifying individuals involved...

Romanian government to face no-confidence vote over deficit-lowering tax hikes

Romanian government to face no-confidence vote over deficit-lowering tax hikes

BUCHAREST - Romania's two-week-old broad coalition government is set to face a no-confidence vote as it seeks to speed through planned tax hikes that have triggered street protests even though they are needed to avert a ratings downgrade to below...

Report: Three in four SMEs in Romania, Central and Eastern Europe use AI but not at scale

Report: Three in four SMEs in Romania, Central and Eastern Europe use AI but not at scale

A new report by AI Chamber, based on a survey conducted among over 3,200 small and medium-sized enterprises, or SMEs, from 11 countries in Central and Eastern Europe, shows that over 75% of SMEs in the region claim to already be using AI, but only...

Archaeological discoveries in southeastern Romania reveal ancient funerary wreaths, painted sarcophagi

Archaeological discoveries in southeastern Romania reveal ancient funerary wreaths, painted sarcophagi

The National Museum of Romanian History has announced an extraordinary archaeological discovery in Mangalia, southeastern Romania. During systematic excavations at the ancient city of Callatis’ tumular necropolis, archaeologists unearthed a rare...

Pay for Board of Directors at Romanian airline Tarom doubled

Pay for Board of Directors at Romanian airline Tarom doubled

The shareholders of Romanian state-owned airline Tarom, including the Ministry of Transport, have voted to double the monthly gross compensation for members of the company's Board of Directors, Hotnews.ro reported on July 7. Transport minister...

Update: Bear cubs to be relocated to sanctuary after mother killed over fatal attack on Romania’s Transfăgărășan

Update: Bear cubs to be relocated to sanctuary after mother killed over fatal attack on Romania’s Transfăgărășan

Update: Representatives of the AMP Libearty sanctuary said on social media that the bear cubs left orphaned after their mother was shot on the Transfăgărășan have not been found and are not under the center’s care. “It is extremely important that...

Interamerican enters Romanian insurance market with digital brand Anytime

Interamerican enters Romanian insurance market with digital brand Anytime

Interamerican, a leading insurer in Greece and Cyprus and part of the Dutch financial group Achmea, announced the official launch of its digital-first insurance brand, Anytime, in Romania. The move marks a key step in Achmea’s strategy to expand...

ING Romania expects temporary inflation and warns of recession risks

ING Romania expects temporary inflation and warns of recession risks

The consumer price inflation will rise to 7.5%-8.0% y/y in the coming months to stabilise around 7.5% by the end of the year, but high base factors will bring it down in the region of 4.0-4.5% y/y by the end of 2026, according to the projections...

Tech company Betfair Romania Development announces new GM

Tech company Betfair Romania Development announces new GM

Betfair Romania Development, one of the largest technology companies in the local market, appointed Radu Miclăuș as the new General Manager, starting this month. He takes over the leadership role from Ioana Popa, who has been promoted to Group...

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