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Austerity and reforms

The end of the summer calendar recorded a tense economic and political reality in our country, in which the governing coalition was forced to combine financial stability measures with attempts to restore confidence in the population and external...

PNRR, reconfigured: Bolojan sends projects to Anghel Saligny and PNDL, PSD opposes

First semester, first package

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...

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...

First quarter in numbers

• January 1

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...

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...

Marcel Boloş, the Minister of Finance, declared, in the press briefing that took place after yesterday's meeting: "It is an extremely complex package of measures that concerns the business environment and public spending of the state". (Photo source: facebook / Marcel Bolos)

Tax amnesty - what measures did the Government approve yesterday for bad payers and how will correct taxpayers be rewarded

Companies and natural persons who pay their outstanding main debts to the state budget by August 31, 2024, will benefit from the cancellation of the ancillary debts calculated for the payment obligations, according to the emergency ordinance...

Governments without a word: deficit of 5.68% at the end of 2023, instead of 4.4%

Last year, the governments of Ciucă and Ciolacu failed to comply with the state budget law approved in December 2022, a normative act drawn up by the PSD-PNL governing coalition and which provided for an increase in budget expenditures, but also...

The General Shareholder Meeting of SIF Banat-Crişana and a web of investment vehicles

SIF Banat-Crişana (SIF1), together with a series of investment funds which it finances to different degrees together with SIF Muntenia (SIF4), held at the end of 2019 approximately 26% of the equity of SIF4, whereas SIF Muntenia together with...

A decision of the ASF confirms the paring down of the stake of BCR-Erste in SIF Oltenia

The group of shareholders rallied around BCR-Erste, which last year held 8.78% of the equity of SIF5 Oltenia, has pared down its stake in the company, down to the legally allowed limit of 5%, according to a decision of the Financial Oversight...

AN ATTEMPT TO DIAGNOSE THE SOCIAL PSYCHOPATHOLOGY: MYTHOMANIAUSL versus Băsescu - modus operandi

The intelligence services were aware of the plan of the USL to take over the power, at least as early back as February/March, but a few clues suggest that Traian Băsescu had been informed about their preparations ever since September/October last...

TWO SIDES ARE FIGHTING BUT IT'S THE BSE THAT LOSESThe Great Hullabaloo around the dividends of the Proprietatea Fund

• The Proprietatea Fund announces the payment of dividends, according to schedule

BUSINESS PEOPLE ABOUT THE EUROPEAN GRANTSThe management system is flawed

So far, no illegalities have been uncovered in the Technical Assistance Program, Livia Chiriţă said.

ESTIMATION of THE "POAT" MANAGEMENT AUTHORITY FOR 2012:25-30% absorption rate, for the funds intended for the Technical Assistance

The estimated absorption rate for this year, for the funds attracted through the Technical Assistance Operational Program (POAT) is about 25-30%, according to Livia Chiriţă, the head of the Agency for the Oversight of the POAT: "Considering...