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SMEs in a stalemate: entrepreneurs' confidence in the economy drops below 35%

Only one in three entrepreneurs still believes that the national economy will have a positive direction this year, said Florin Jianu, former president of the National Council of Small and Medium-sized Private Enterprises in Romania (CNIPMMR),...

Economy under pressure: Bolojan government proposes biggest tax hikes in a decade

The Ministry of Finance yesterday made the legislative package on fiscal-budgetary measures aimed at reducing the current budget deficit transparent, a package that provides for doubling the bank turnover tax, increasing VAT, increasing excise...

Rheinmetall targets 50 billion euros in sales by 2030

German arms maker Rheinmetall AG wants to reach sales of 40 to 50 billion euros ($59 billion) by 2030, the company's CEO, Armin Papperger, told RTL and NTV television stations on Tuesday, Reuters reports.

Florin Jianu: "Before introducing new taxes, we need to reduce spending”

The state should start with reducing budget spending and administrative reform before introducing new taxes or increasing existing ones, Senator Florin Jianu, former president of the National Council of Small and Medium-sized Private Enterprises...

Florin Jianu: "Before introducing new taxes, we need to reduce spending”

The state should start with reducing budget spending and administrative reform before introducing new taxes or increasing existing ones, Senator Florin Jianu, former president of the National Council of Small and Medium-sized Private Enterprises...

Military mobility, on the CSAT agenda

The Supreme Council of National Defense (CSAT) will analyze in its meeting on April 30, 2025 one of the most sensitive and strategic topics of the moment: military mobility, according to a press release issued by the Presidential Administration....

Tensions around the Central Counterparty project; BRM complains about the lack of transparency on the part of BVB and demands explanations

The Romanian Commodity Exchange (BRM) harshly criticized the management of the Bucharest Stock Exchange (BVB), accusing it of a lack of efficiency and transparency in managing the Central Counterparty project - an essential entity for the...

Competition in the digital age: quick solutions for a dynamic economy

Innovative cases have led the competition authority to rethink and adapt its intervention methods to new economic realities, which has required innovative solutions in the regulatory framework, said Bogdan Chiriţoiu, president of the Competition...

"Rediscovering Maramures" - a unique tourism project

Maramureş is one of the favorite destinations of tourists in Romania, especially during the winter and Easter holidays. Mocăniţa on the Vaser Valley, the Merry Cemetery in Săpânţa, the Bârsana Monastery and the Memorial to the Victims of...

Lin Jian said: "The US's attempts to politicize and weaponize trade and economy, imposing increased tariffs on Chinese imports under the pretext of fentanyl and blocking normal trade, investment and economic cooperation with China, will only harm the US's own economic interests and its international credibility." (Photo source: Chinese Foreign Ministry website - https://www.fmprc.gov.cn/mfa_eng/xw/fyrbt/202503/t20250306_11569578.html)

China, ready for any type of war. What war is Beijing thinking about?

The reactions of the Ministry of Foreign Affairs in Beijing to the statements of Donald Trump and Secretary of State Marco Rubio, regarding trade tariffs and Taiwan, although they were taken up by the international press, did not gain the due...

Russia no longer has a seat on UEFA Executive Committee

Russia will no longer have a representative on the UEFA Executive Committee after the April 3 elections in Belgrade, the Serbian capital. Aleksandr Dyukov, the president of the Russian Football Federation and chief executive of Gazprom Neft, is...

Romanian citizens were called by Călin Georgescu and the sovereignist parties to boycott hypermarkets between February 10-16.

Boycotting chain stores, a failure from day one

The boycott of hypermarkets in our country between February 10-16, an action to which Romanian citizens were called by Călin Georgescu and the sovereignist parties, in order to protect Romanian farmers, proved to be a failure from the very first...

Bogdan Chiriţoiu said: "The energy market must be able to function normally, without capping. Energy prices are now stabilized compared to those existing a year and a half ago, and under these conditions, the Government should withdraw the exceptional measures from the market. However, I believe that we must look carefully at vulnerable consumers, to determine exactly who they are, but also at the industry, its needs, at energy-hungry companies, whose activity may be negatively impacted by the lifting of the cap, companies that could lose their competitiveness due to the abandonment of this exceptional measure".

Chiriţoiu: "The takeover of E.On Romania assets by the hungarian company MVM will end up on the table of the CSAT"

The transaction through which the Hungarian company MVM wants to take over the assets of E.On in our country will end up on the table of the Supreme Council for National Defense, said Bogdan Chiriţoiu, president of the Competition Council,...

The month of political aberrations

Over 9.4 million citizens who went to the polls on November 24 had their options canceled by the Constitutional Court of Romania, which, after validating the first round of the presidential elections on December 2, reversed its decision on...

Marcel Ciolacu stated: "We have, for the first time, over 1.5 million employment contracts at this salary level, 500,000 more than when I took office."

Marcel Ciolacu presented a positive balance sheet of the government; from the data presented he omitted the increase in the budget deficit

The balance sheet of his own government is a positive one, Prime Minister Marcel Ciolacu claimed yesterday, at the end of the government meeting, in a press statement in which he presented the main achievements of his mandate. Unfortunately, the...

Romania, vulnerable to Călin Georgescu: How the Kremlin exploited our desire for independence and honorability

The declassification of documents presented by STS, SRI, SIE and the Ministry of Interior showed us the true face of Călin Georgescu. We are talking about a surprising face, behind which both people close to the Kremlin and the mafia, underworld...

Double standards in tennis, Halep is outraged

There are institutions that manage to amaze with the lack of coherence shown when deciding to take action in similar cases. The International Tennis Integrity Agency (ITIA) has managed to provide an example of how things should not be done....

George Simion and Călin Georgescu have the same electoral program. The program is flawed

The same electoral program is adopted by two presidential candidates, two opponents who were once together - George Simion and Călin Georgescu both support the "Food-Water-Energy" political program (see Program Summary), which...

Bogdan Chiriţoiu declared: "I think it is clear that there will be less money in the future, that we will not be able to maintain budget deficits of 7% - the highest in the EU - because European rules do not allow us to do that. It is risky to have a large budget deficit in the event of a major economic crisis such as the one that occurred in the period 2008-2011"

Free, competitive market - essential condition for economic growth

The free market, without government restrictions, and governed by the rules of fair competition, is the essential condition for the economic growth of our country in the coming years, stated the participants at the conference "Competition in...

Omert Tetik, BT CEO: "The number of companies listed on the BVB is very small"

Omer Tetik, CEO of Banca Transilvania, believes that our country is behind the other member states of the European Union in terms of the development of the capital market and claims that the number of Romanian companies listed on the Bucharest...

CFR Marfă, liquidated up to Mărţişor

The national company CFR Marfă would be liquidated and stop its activity immediately after the operationalization and capitalization of the new company, Carpatica Feroviar, established by the Ciolacu government, operationalization that would take...

Sorin Mihanţa, Selmi Wood Concept SRL: European funding, insufficient for the transition from a mining-based economy to a sustainable one

Reporter: What is the situation of the workforce in Valea Jiului? Are we talking about an aging workforce or are there also young people looking for work?

Trade with China at a crossroads: decisive EU Council vote on electric vehicle tariffs

The trade dispute between the European Union and China regarding electric vehicles (EVs) has reached a critical point: the representatives of the member states are to vote on Friday, October 4, in the EU Council, on the imposition of definitive...

"I looked in churches, temples, mosques, but I found God in my soul". (Mevlana Rumi, 1207-1273, the great mystical sage who created the Mevlevi Order, a Sufi order whose followers, called dervishes, whirled to musical rhythms until they reached a state of ecstasy, saying that in doing so they attained supreme spirituality ).

CORRESPONDENCE FROM ANATOLIAThe Mystical Festival in Konya ends today; What else is worth visiting in the city of the whirling dervishes?

As every year, in the city of Konya, in the region of the same name, the month of September concluded with the International Mystic Music Festival, organized by the Ministry of Culture and Tourism. This year, the event expanded to 16 cities,...

Photo source: facebook / Federaţia Română de Schi Biatlon

Râşnov: international ski jumping competition in full autumn

The best ski jumpers in the world will compete in Râşnov at the Summer World Cup - Ski Jumping Grand Prix. The competition will bring to the start 82 elite athletes from 15 countries such as China, France, Italy, Japan, Norway, Poland, Slovenia,...

Ostrich-camel Ciucă-Ciolacu. (Graphic by MAKE)

A comparison between the government of Ciucă and the government of Ciolacu; common mistakes

The PSD-PNL coalition has given two governments since December 2021, Ciucă and Ciolacu, whose results are similar, with identical governance mistakes, although the leadership was different. Because both the PSD in the August 24 Congress and the...

Political movements before the PSD Congress

The leaders of the Social Democratic Party have already begun to announce their desire to occupy certain positions in the future leadership team of the political formation that will be elected at the Congress that would take place on August 24....

Our athletes covered themselves in glory at the Paris Olympics

The middle of the calendar summer constituted a real challenge for the national energy system, in view of the increase in electricity consumption due to a prolonged period of 10 consecutive hot days, when temperatures of over 40 degrees in the...

Electromagnetica sells eleven low-power hydropower plants for 33.5 million lei

Electromagnetica is selling eleven low-power hydropower plants, located in the Suceava River Basin, for 33.5 million lei including VAT, according to a report of the producer and supplier of energy and lighting fixtures published yesterday on the...

The competition for the leadership of Transelectrica is conducted according to the law, but the candidates are politically screened

The future members of the Directorate of the national company Transelectrica SA - whose selection procedure is underway - would satisfy the short-term and long-term political interests of the PSD-PNL governing coalition, sources from inside told...