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Romanian banks oppose planned tax on "excessive profits"

Romanian banks oppose planned tax on "excessive profits"

The Romanian Banking Employers' Council (CPBR) expressed strong opposition on June 25 to a proposed new tax on so-called "excessive profits" in the banking sector, which was included in the government's 2025–2028 Ruling Programme. The association...

Canadian men’s soccer team to host Australia in Montreal for October friendly

Canadian men’s soccer team to host Australia in Montreal for October friendly

The Socceroos qualified for the 2026 World Cup — co-hosted by Canada, Mexico and the United States — with a 2-1 win over Saudi Arabia in June. The Canadian men will also face No. 14 Colombia in an Oct. 14 friendly at Sports Illustrated Stadium in...

Romania elects new parliamentary leaders following government appointment

BUCHAREST, June 23 (Xinhua) -- Romania's Parliament elected new leadership on Tuesday following the formation of a new government. Senator Mircea Abrudean of the National Liberal Party (PNL) was elected president of the Senate with 89 votes in...

On the Edge: Romania Urgently Moves to Prevent Bankruptcy with Tough Fiscal Measures

On the Edge: Romania Urgently Moves to Prevent Bankruptcy with Tough Fiscal Measures

Romania is facing a severe financial crisis, with the government warning it risks running out of funds to cover pensions and salaries. Prime Minister Ilie Bolojan described the situation as critical, stating that without immediate and stringent...

Romanian auto market registers sharpest year-on-year decline in Europe in May

Romanian auto market registers sharpest year-on-year decline in Europe in May

Passenger car registrations in Romania recorded the sharpest year-on-year decline in Europe in May, according to data published Wednesday, June 25, by the European Automobile Manufacturers Association, or ACEA, which represents the 16 major car...

Central Europe Technologies recognized as one of the Best Places to Work in Romania for 2025

Central Europe Technologies recognized as one of the Best Places to Work in Romania for 2025

BUCHAREST, ROMANIA - Media OutReach Newswire - 2 July 2025 - Central Europe Technologies has been officially recognized as one of the Best Places to Work in Romania for 2025. Central Europe Technologies is a Shared Service Center for BNP Paribas...

Restoration of Saracoglu Inn Moves Forward with Bulgarian-Romanian Cooperation

Restoration of Saracoglu Inn Moves Forward with Bulgarian-Romanian Cooperation

Bulgaria and Romania are preparing a memorandum of cooperation for the restoration of the Saracoglu Inn, Deputy Culture Minister Ashot Kazaryan said in an interview with BTA on Thursday. The financial framework is yet to be agreed, while Romanian...

Romania’s Parliament Elects New Leaders After Government Shifts

Romania’s Parliament Elects New Leaders After Government Shifts

(MENAFN) Romania’s Parliament swiftly installed new leadership on Tuesday in the wake of a freshly formed government. Senator Mircea Abrudean from the National Liberal Party (PNL) secured the Senate presidency with a decisive 89 votes for and 28...

Canadian cyclist Riley Pickrell wins first stage of Sibiu Cycling Tour in Romania

Canadian cyclist Riley Pickrell wins first stage of Sibiu Cycling Tour in Romania

By: The Canadian Press Posted: 6:34 PM CDT Thursday, Jul. 3, 2025 SIBIU - Canadian cyclist Riley Pickrell won the first stage of the Sibiu Cycling Tour on Thursday. Read this article for free: We need your support! Local journalism needs your...

Don.ro named main sponsor of CFR Cluj as Soft2Bet expands Romanian footprint

Don.ro named main sponsor of CFR Cluj as Soft2Bet expands Romanian footprint

The multi-year agreement will see Don.ro’s branding featured across kits and stadium assets from the 2025–26 season, alongside digital fan engagement campaigns. By Shaan Khan Key points: - Don.ro becomes main sponsor of CFR Cluj for the 2025–26...

Orange and Samsung complete first vRAN, Open RAN calls

Orange and Samsung complete first vRAN, Open RAN calls

Orange France and Samsung have completed the first 4G and 5G calls on a virtualized RAN (vRAN) and Open RAN network in southwestern France, marking a key milestone in their strategic partnership to advance open, software-based mobile...

Romania’s new government endorsed by parliament

Romania’s new government endorsed by parliament

Romania’s parliament has endorsed the new government led by Prime Minister Ilie Bolojan with 301 votes out of 465, representing a 65% majority. Backed by four pro-Western parties, the government held its first official meeting on the same day. The...

Romanian Language Test Required for Obtaining Moldovan Citizenship: Parliament Pushes Stricter Rules

Romanian Language Test Required for Obtaining Moldovan Citizenship: Parliament Pushes Stricter Rules

The Parliament of the Republic of Moldova plans to make substantial changes to the country’s citizenship legislation to close legal loopholes, prevent fraud, and align procedures with European standards. The Legal, Appointments and Immunity...

Report: Romanians spent EUR 40 bln in major retail chains last year, up 7.1% from 2023

Report: Romanians spent EUR 40 bln in major retail chains last year, up 7.1% from 2023

Romanians spent roughly EUR 40 billion in large retail chains last year, representing an increase of 7.1% year-over-year. The 2024 growth rate marked a slowdown compared to 2023 (+11.1% vs. 2022) but remained above inflation, according to the...

Weekend calendar: Neversea Kapital, TIFF retrospective in Bucharest, Smallest Art Fair in Town, SoNoRo Musikland, Fireflies Festival and more

Weekend calendar: Neversea Kapital, TIFF retrospective in Bucharest, Smallest Art Fair in Town, SoNoRo Musikland, Fireflies Festival and more

Bucharest gears up for the first edition of Neversea Kapital, chamber music festival SoNoRo Musikland tours cities and villages in Transylvania, and outdoor enthusiasts can reconnect with nature at the Fireflies Festival. In Bucharest: TIFF...

Top 5 Balkan Countries to Visit: Where to Go for Culture, Nature & History

Top 5 Balkan Countries to Visit: Where to Go for Culture, Nature & History

Where ancient cobblestones meet Adriatic dreams—the Balkans serve up Europe's most authentic adventures without the tourist crowds. Photo by Canva Diverse cultures, turbulent history and breathtaking hidden gems: welcome to the Balkan Peninsula,...

Romania's ruling coalition endorses new government with robust majority

Romania's ruling coalition endorses new government with robust majority

Romania's new government, headed by prime minister Ilie Bolojan and backed by the four pro-Western parties in Parliament, was endorsed with a majority of 65% of the votes (301 of 465 MPs) and already held its first meeting on Monday, June 23,...

Romania approves pro-European coalition

Romania approves pro-European coalition

BUCHAREST, Romania -- Romanian lawmakers voted Monday decisively in favor of a new pro-European coalition government led by a center-right prime minister, as the European Union and NATO member nation seeks to end one of its worst political crises...

Two new investment funds active in Romania receive financing through EU-backed PNRR

Two new investment funds active in Romania receive financing through EU-backed PNRR

Two new investment funds active in Romania, Sparking Capital II and PCP SEE II, will receive allocations worth EUR 30 million under the National Recovery and Resilience Plan, or PNRR, after an approval from the Romanian executive and the European...

Great success for Italian entrepreneurs mission in Bucharest

Great success for Italian entrepreneurs mission in Bucharest

The business mission of the delegation composed of 42 Italian companies in the infrastructure sector, accompanied by trade associations, was successfully held in Romania: institutional and B2B meetings in Bucharest from July 1-3, 2025. The mission...

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