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Photo sources: https://newsroom.consilium.europa.eu/photos

Opacity regarding defense funds; Who earns the billions from SAFE?

The European Commission and the authorities in Bucharest announced last week that our country will receive 16.68 billion euros through the new European financial instrument SAFE (Action for the Security of Europe), a huge sum presented as a...

Chaos at the beginning of the school year

The opening of the 2025-2026 school year, scheduled for today, September 8, 2025, is set to be one of the most tense in recent years, marked by large-scale protests, calls for boycotts and legislative changes that have sparked dissatisfaction...

Tense autumn in Brussels: Parliament and Commission at war over the EU budget

Dragoş Pîslaru stated: "The projects that will be removed from the PNRR will be financed from other sources. I am referring to the projects whose implementation stage is between 1 and 30%, which would be financed from the Cohesion Fund under the European financial framework Multiannual Project 2021-2027, but also here for the infrastructure above. have been started, are at the 0% stage, although the financing contract was signed, they will no longer be done."

PNRR, radically reset: 100 milestones deleted, billions directed towards highways and hospitals

The government has proposed to Brussels officials the elimination of over 100 targets and milestones from the National Recovery and Resilience Plan and the prioritization of funding for several road and rail transport infrastructure projects and...

US government stake in Intel could cut 76% of company's foreign revenue

Intel executives told Reuters on Tuesday they were concerned that the new ownership structure could hurt international sales, limit the company's access to future grants and expose the business to new regulatory constraints after the Trump...

CFR Călători's "historic" profit has melted away: record losses, masked by huge subsidies

Romania's Libraries in Decline - Call to Save an Essential Cultural Infrastructure

The National Library Commission is sounding a severe alarm: the national library network is collapsing. The institution is calling on the authorities to treat libraries as "critical infrastructure of public interest" and to urgently adopt...

Inflation, elections and fiscal illusions: the quarter in which Romania held its breath

The second quarter of 2025 was, for our country, a tense and decisive period, marked by dramatic political transitions, acute budgetary pressures and economic measures with a profound impact. Against the backdrop of a turbulent political climate...

Photo source: facebook/ Siegfried Muresan

Siegfried Mureşan: "We categorically oppose the dilution of the Cohesion Policy and the Common Agricultural Policy into a common fund”

The European Parliament categorically opposes the dilution of the Cohesion Policy (CP) and the Common Agricultural Policy (CAP) into a common fund, as the European Commission would like, said yesterday MEP Siegfried Mureşan, chief negotiator for...

After the elections, the same parties, increased taxes

Political negotiations to shape a governing coalition were the constant of the first 22 days of June, a period in which the leaders of the PSD, PNL, USR, UDMR and those of the National Minorities Group discussed intensively at the Cotroceni...

Siegfried Mureşan: "We will not accept that the EU budget is a collection of 27 national plans"

Although security and defense, along with competitiveness, will be the priorities of the European Union budget for the period 2028-2034, the European Parliament calls on the European Commission to maintain separate and clearly defined allocations...

The interim executive led by Cătălin Predoiu

Budget deficit rises to 3.4% of GDP, Government increases spending, and NBR slows down monetary easing

The interim government of the last month of spring continued the previous policy of the Ciolacu Cabinet, and resorted to increasing budget spending, by allocating to local authorities, at their discretion, significant amounts from the Budgetary...

BVB in April - Volatility in a tense external climate and domestic political uncertainty

The evolution of the Bucharest Stock Exchange (BVB) indices was marked by strong volatility last month, amid investment insecurity caused by trade tensions between the United States and the rest of the world, mainly China, while, domestically,...

Siegfried Mureşan stated: "If we expect the European Union to do more for defense and security, we must contribute more to the European budget. I am aware that the governments of the member states are currently in a difficult financial situation and will not be able to contribute more. The level of allocations for the Common Agricultural Policy and the Cohesion Policy must be at the same level, but one area where allocations must increase significantly is that of security and defense." (Photo source: facebook / Sigfried Mureşan)

Increasing member states' contributions to the EU budget - a necessity for common defense

Member States' contributions to the European Union budget could increase moderately between 2028 and 2034 given the need for more joint investments at European level for defense and security, said MEP Siegfried Mureşan, rapporteur on the...

The battle for Cotroceni against the backdrop of the crisis: deficit of 2.3% of GDP and the threat of a "junk" rating

Romania's entry with land borders into the Schengen area, one of the most important diplomatic achievements of the beginning of the year, was quickly overshadowed by a series of events that strained the country's political, social and...

Energy projects, a priority for the Ciolacu government

The first quarter of 2025 ended with a March full of strategic decisions, with a mix of social support, economic investments, programs for industry and entrepreneurship, but also budgetary prudence measures. The decisions taken by the Government...

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...

Gheorghe Piperea, ECR: Armament, crisis and identity X - the EU's budgetary priorities

In the context of the adoption of the guidelines for the European Union budget for 2026, the European Parliament has issued a document that, although wrapped in the grandiloquent language of progress and cohesion, raises serious questions about...

Stock markets and dollar plunge

Global stock markets fell sharply yesterday, with European markets, for example, hitting their lowest levels in two months, after the new round of tariffs announced by US President Donald Trump on Wednesday evening. The US president announced...

Stock markets and dollar plunge

Global stock markets fell sharply yesterday, with European markets, for example, hitting their lowest levels in two months, after the new round of tariffs announced by US President Donald Trump on Wednesday evening. The US president announced...

Although they have started to invest in new technologies, small and medium-sized enterprises (SMEs) have problems in training their employees, said Florin Jianu, PSD senator, at the third edition of the Economic Trends conference, organized in partnership by the National Bank of Romania and the European Federation of Businesswomen (PEFA).

The national economy at a crossroads in the new global order

At a time when a new technological revolution is taking place at a global level, profoundly rewriting the rules of the economic game, and when supply chains are being reconfigured amid aggressive protectionist trade measures introduced by the US,...

Ten years of presidency ended with a resignation

Ten years of presidency ended with a resignation, with Klaus Iohannis thus ending his two terms not in glory, but in disgrace. On February 10, the former president announced his resignation in order to avoid a political crisis generated by the...

The grounds made behind Trump (capture by MAKE)

Donald Trump boasts that he is stronger than George Washington

Donald Trump began the first part of his speech to Congress by committing a sacrilege: he demoted the first American president in history, George Washington, to second place. Who is in first place? Of course, Donald Trump, who brought back to the...

EPPO Report: We are in third place in the top of fraud of European money

According to the activity report for 2024 published yesterday by the European Public Prosecutor's Office, our country is in third place, in the Top 4 of European states that have defrauded the EU budget. The first place is occupied by Italy,...

BVB indecision - investors await information on this year's outlook

The Bucharest Stock Exchange (BVB) indices saw slight increases amid reduced liquidity in the first month of the year, thus reflecting the state of investors awaiting information on the domestic economic and political situation, company results...

The EU, with eyes on the population's savings: it is not yet clear whether it wants to confiscate them or attract them

Ursula von der Leyen, President of the European Commission, and Francois Villeroy de Galhau, Governor of the National Bank of France, recently declared in Davos and Paris that a general mobilization of private savings is needed to support the...

"We are witnessing a shift towards deglobalization of the global economy"

Reporter: The funds managed by Karoll Capital Management focus on investments in the Emerging Europe capital markets. What do you think are the main opportunities offered by the markets in this region compared to those in Western Europe or...

Siegfried Mureşan stated: "In the next seven years, defense will be the priority of the European Union budget, but let's be honest: we will adopt the future multiannual financial framework in 2026, it will enter into force in 2028, and from the EU budget that I will negotiate, there will be money for defense and military mobility only in 2028. Too late. Something must be done by then because there are no more funds for such a thing in the current budget, because we did not foresee that a war would start in Ukraine." (Photo credit: Facebook/ Siegfried Mureşan)

Additional funding for military mobility projects decided in June

The European Council will take a decision in June on the financing of military mobility programmes for the current budgetary framework and, following the decision, the European Parliament will approve either an adjustment to the current budget or...

Failure on the line: The Ciolacu government brought us to the edge of the economic and political abyss

The year 2024 was marked by economic-financial and socio-political convulsions, which accentuated Romania's vulnerabilities in the face of domestic and international challenges. From the alarming budget deficit to the uncontrolled increase in...

Bitcoin set new historical records last year; what do analysts predict for 2025

This year should be favorable for crypto prices, according to most analysts, who estimate that global liquidity will increase, leading to higher capital allocations into risky assets, while the "Donald Trump factor" changes the rules of...

Massive Declines in BET - Nearly All Stocks Recorded Losses

The indices of the Bucharest Stock Exchange (BVB) experienced significant declines in the second half of last year, amid the election period, parliamentary elections, and the annulment of the first round of the presidential elections. The BET...

Debt, deficit, political instability: Fitch revises Romania's outlook to negative

The second half of 2024 represented a critical turning point for Romania's economy and political stability. In an attempt to counter the ever-expanding budget deficit and ensure macroeconomic balance, the government implemented a series of...

Budget Disaster and Political Instability in Romania

The last financial quarter of last year was a time of intense complexity for the Romanian economy, in which political and economic forces faced significant challenges generated by the general elections, the tense geopolitical context and an...

Minister of Finance, Tanczos Barna and Prime Minister Marcel Ciolacu

Prime Minister Marcel Ciolacu promises a prudent budget with a 7% deficit

Prime Minister Marcel Ciolacu declared yesterday, after the meeting with Deputy Prime Minister Tanczos Barna, Minister of Finance, that the budget for the current year will be built with caution, so as to fall within a 7% deficit, according to...

Political movements have echoes in the BVB. Illustration by MAKE

BVB in 2025: between political uncertainties and budget deficit pressure

The year 2025 is shaping up to be difficult for investors on the Bucharest Stock Exchange (BVB), with the major budget deficit of our country, which must be reduced through fiscal measures with a possible impact on companies, the economic...

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...