English Section

26 septembrie 2023
The European Parliament wants to cap bank interest rates for consumer loans

The European Parliament wants to cap bank interest rates for consumer loans

George MarinescuEnglish Section / 26 septembrie 2023

Member States will also be able to cap the commissions charged by banks from borrowers in case of non-payment of the loan Foreclosure will not be able to be initiated by the bank until after offering the borrower some forbearance measures Financial institutions will have to have clear procedures to assess the creditworthiness of consumers and provide them with an appropriate loan repayment program  

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Million lei worth of turf

Million lei worth of turf

O.D.English Section / 26 septembrie 2023

The turf at the National Arena has already drained millions of lei from the accounts of the Bucharest City Hall, and it will continue to do so in the near future.

Oakwood Toothpicks

Oakwood Toothpicks

Dan NicolaieEnglish Section / 26 septembrie 2023

Dan Nicolaie

The national rugby team is currently participating in the Rugby World Cup in France and is keeping us on the edge of our seats.

Student scholarships, in public consultation

Student scholarships, in public consultation

O.D.English Section / 25 septembrie 2023

The Ministry of Education has opened a public consultation for the draft Order approving the general criteria for granting scholarships and other forms of financial support from the state budget to students in public higher education institutions...

Illustration by MAKE

Restricted freedom in the Schengen area

George MarinescuEnglish Section / 21 septembrie 2023

The LIBE Commission adopted the report necessary for the negotiators of the European Parliament with the Council of the EU and the European Commission regarding the reform of the Schengen area According to the report, in case of serious...  

Progress on the path to realizing the first cyborg

Progress on the path to realizing the first cyborg

O.D.English Section / 21 septembrie 2023

The combination of man and machine may become a reality in the not-so-distant future. The idea of a cyborg (a character from speculative fiction in the form of a brain-machine-microprocessor hybrid, according to online dictionaries) is not new at...

Mircea Fechet, Minister of the Environment: "The deadline of November 30, 2023 remains the deadline for the guarantee-return system to start in Romania. The term is not negotiable. I understand the concern of the industry, but I also understand the interest of the citizens, to live in a cleaner world, without PETs". (Photo source: capture from the FB page of the Ministry of the Environment)

Mircea Fechet, a minister disconnected from reality

George MarinescuEnglish Section / 21 septembrie 2023

The operationalization of the Return Guarantee System (SGR) on November 30, 2023 seems to have become a personal ambition of Mircea Fechet, the Minister of the Environment, who recently rejected the request to postpone the deadline by at least...

Photo source: facebook / LAzamfirei

Rector of UMFST praises new education law

O.D.English Section / 20 septembrie 2023

During the opening ceremony of the new academic year, Professor Doctor Leonard Azamfirei, the Rector of the "George Emil Palade" University of Medicine, Pharmacy, Sciences, and Technology (UMFST) in Târgu Mureş, expressed his approval of...

Tax wave

Tax wave

George MarinescuEnglish Section / 20 septembrie 2023

The Ministry of Finance has posted the draft law on tax changes in decisional transparency The 1% turnover tax is introduced for banks and for companies with a turnover exceeding 50 million euros Two levels of taxation for micro-enterprises...  

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