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Bucharest Exchange-listed Arctic Stream appoints Florin Mărginean as new CEO

Bucharest Exchange-listed Arctic Stream appoints Florin Mărginean as new CEO

Arctic Stream SA, a Bucharest Stock Exchange-listed provider of IT infrastructure and cybersecurity integration solutions (BVB: AST), has announced the appointment of Florin Mărginean as its new Chief Executive Officer, effective July 7. Mărginean...

Romanian government approves EUR 2.1 bln fiscal package to reduce deficit

Romanian government approves EUR 2.1 bln fiscal package to reduce deficit

The Romanian government adopted a fiscal corrective package on July 4 worth RON 10.7 billion (EUR 2.1 billion), equivalent to 0.56% of GDP. The package includes tax increases, reductions in public spending, and changes to health insurance...

Romanian government's second package of reforms has no clear calendar

Romanian government's second package of reforms has no clear calendar

Prime minister Ilie Bolojan announced on July 2 that the government would come up with a second package of measures by the end of the month to promote important reforms such as changes to special pensions - a milestone in the National Programme...

Romania, Moldova, Ukraine Forge Closer Links in Russia’s Dark Shadow

Romania, Moldova, Ukraine Forge Closer Links in Russia’s Dark Shadow

Three years after the full-scale invasion of Ukraine, neighbouring countries Romania and Moldova are examining how to cooperate more closely with the Kyiv government, fearing that Russian belligerence could threaten them too. Last month, a visit...

Romania faces reckoning with Brussels over soaring budget deficit 

Romania faces reckoning with Brussels over soaring budget deficit 

Even before Tuesday’s vote in a meeting of EU economy and finance ministers, Romania’s new prime minister is pushing through a dramatic package of austerity measures that will deal a blow to economic growth, as well as hammer the government’s...

July 9, 2025 UPDATE

July 9, 2025 UPDATE

A roundup of domestic and international news July 9, 2025 UPDATE Newsroom, 09.07.2025, 20:00 Motion. The Alliance for the Union of Romanians (AUR), a sovereignist opposition party, has filed a motion of no confidence against the Romanian...

The Parliament in Bucharest extends its session so that the opposition can submit a motion

The Parliament in Bucharest extends its session so that the opposition can submit a motion

0 The Parliament in Bucharest has decided to extend the extraordinary session until Wednesday, to allow the opposition to submit a motion of censure, after the Government has assumed responsibility for the Austerity Law. The decision was taken on...

Tech companies and cryptocurrencies among most favored assets for Romanian investors, report shows

Tech companies and cryptocurrencies among most favored assets for Romanian investors, report shows

Investors in Romania are interested in technology companies, cryptocurrency assets, US Treasuries and niche sectors, complemented by ETFs with a focus on diversification, technology and high-yield bonds, according to an analysis by the trading...

Outside Catering at JW Marriott Bucharest Grand Hotel. Crafted events, tailored flavors, catering beyond boundaries

Outside Catering at JW Marriott Bucharest Grand Hotel. Crafted events, tailored flavors, catering beyond boundaries

JW Marriott Bucharest Grand Hotel is proud to present the outside catering services, designed to bring gourmet dining and flawless event execution to any outdoor venue across the city. Whether you are hosting a corporate gathering, a social...

Romania Rules Out Sending Troops to Ukraine

Romania Rules Out Sending Troops to Ukraine

(MENAFN) Bucharest has firmly stated it will not dispatch troops to Ukraine under any conditions, Prime Minister Ilie Bolojan declared. Nevertheless, he hinted that the “eastern flank” nation intends to progressively raise its defense budget to...

Romania excludes sending troops to Ukraine

Romania excludes sending troops to Ukraine

(MENAFN) Romanian Prime Minister Ilie Bolojan has firmly stated that Bucharest will not send troops to Ukraine under any circumstances. However, he affirmed that Romania, as a NATO member on the eastern flank, will continue to gradually increase...

Romania Battles Severe Soil Drought Threatening Key Crops

Romania Battles Severe Soil Drought Threatening Key Crops

(MENAFN) Romania is currently battling a severe soil drought that is jeopardizing crops like corn and sunflower, especially in areas without irrigation, the National Meteorological Administration (ANM) warned on Saturday. The ANM reports that the...

Innovative project for blind people in public transport in Bucharest

Innovative project for blind people in public transport in Bucharest

Painter Ludmila Cuptor set a world record by creating the world’s largest work of art using the Ebru technique – painting on water. Her achievement was officially recognized by a Guinness World Records adjudicator who came from the United Kingdom...

Health and education unions to protest Romanian government’s fiscal package outside Parliament

Health and education unions to protest Romanian government’s fiscal package outside Parliament

Unionists from the Sanitas Federation and several education sector federations will protest on July 7 in front of the Romanian Parliament against the fiscal measures proposed by the government, which they describe as austerity policies affecting...

Former president, prime ministers reportedly warned of Romania’s out of control deficit since summer of 2024

Former president, prime ministers reportedly warned of Romania’s out of control deficit since summer of 2024

Former president Klaus Iohannis, former prime minister Marcel Ciolacu, and former Senate president Nicolae Ciucă were reportedly warned that Romania risks default if measures to address its growing budget deficit were not taken, according to an...

“The key is evolution”: Inside the making of UNTOLD, one of Europe's biggest electronic festivals

“The key is evolution”: Inside the making of UNTOLD, one of Europe's biggest electronic festivals

With just four weeks to go until hundreds of thousands of eager music fans descend upon Cluj-Napoca, the capital of Romania's Transylvania region, final preparations for one of Europe's biggest music festivals are going full steam ahead. This is...

Ion Ceban reacts: “The dirtiest parliamentary election campaign”

Ion Ceban reacts: “The dirtiest parliamentary election campaign”

0 The general mayor of Chisinau, Ion Ceban, banned from entering Romanian territory, suggests that the ruling party in Chisinau might be behind the decision. In a video message, without directly referring to the ban imposed on him, the mayor...

ING THINK: Euro Adoption on Track as Bulgaria Maintains Economic Stability in 2025

ING THINK: Euro Adoption on Track as Bulgaria Maintains Economic Stability in 2025

Macroeconomic Overview Bulgaria’s economy in 2025 continues to demonstrate a stable performance, largely driven by household consumption and wage increases. These factors have helped to cushion the effects of slower industrial output and weaker...

Mr President, you can’t impose a legacy—Let future generations decide

Tendai Ruben Mbofana In what is becoming a disturbingly familiar pattern in Zimbabwean politics, the recent news of the near-completion of the Emmerson Dambudzo Mnangagwa Law School in the president’s hometown of Kwekwe has raised more than a few...

Halep 'highly unlikely' to play US Open

Halep 'highly unlikely' to play US Open

IMAGE: Two-time grand slam champion, Romania's Simona Halep will most likely skip the US Open that will go on from August 31-September 13 sans fans. Photograph: Robert Deutsch-USA TODAY Sports via Reuters World No 2 Simona Halep is "highly...

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