English Section

13 august 2025

Europe under siege by an "exceptional” heatwave

A heatwave of rare intensity is hitting much of Europe, bringing temperatures exceeding 42 degrees Celsius in France, Portugal, Spain and several Balkan states. The situation has prompted authorities to issue extreme fire risk alerts and impose special prevention measures.

The first fiscal package, Bolojan's gift

The middle of the calendar summer represented a turning point for our country, marked by a tense economic, financial and political climate, which led to the first firm decisions of the Bolojan Government towards stabilizing public finances and the national economy.

Records at BVB; tax measures appreciated internationally

• 7.8% increase for BET, while the BET-BK index appreciated by 9%

• Hidroelectrica completed two years since its listing on BVB; OMV Petrom management will announce, in the third quarter, whether it will propose special dividends

• Finances attracted 1.65 billion lei from the population, through the sixth issue of Fidelis government bonds this year

July in numbers

• July 1

- The price cap on the electricity market is eliminated.

Deputy Prime Minister Marian Neacşu, the shadow behind AMEPIP

The conditions that the PSD, through the voice of interim president Sorin Grindeanu, is putting to the governing coalition - namely the reduction of state privileges and agencies - seem to represent nothing more than a hiding of the garbage under the rug, as long as behind the most powerful agency in the Romanian state - the Agency for Monitoring and Evaluation of Public Enterprises Performance (AMEPIP) - sits the shadow of the powerful social-democratic leader, Deputy Prime Minister Marian Neacşu.

1 Euro5.3285

1 Fr. elveţian5.7627

BNR

1 Liră sterlină6.3416

BNR

1 Dolar SUA4.7516

BNR

1 Gram Aur628.6019

BET35234.26

BET FI113769

BET NG2772.4

Southern Romania in danger: desertification is advancing rapidly

Education: 58 universities to train future teachers in 2025 - 2026

Ministry of Education launches funding for scientific conferences and events

Source photo: facebook.com/ViaTransilvanica/

Via Transilvanica, closer to official certification

Minister of Health: "Family medicine is the basis of the system”

The Minister of Health, Alexandru Rogobete, emphasized that family medicine is the foundation of the healthcare system and announced the intention to expand the project to equip and rehabilitate the offices with new European funding.

New rules for the appointment of teachers in pre-university education

Chocolate-Inspired Flu Drug Promises Greater Effectiveness Against Resistant Viruses

Trump-Putin Summit in Alaska; Europe Evaluates Scenarios Regarding Ukraine

Donald Trump's announcement over the weekend of a meeting with Vladimir Putin, to be held on August 15 in Alaska, took European leaders by surprise and sent a clear message: the current US president does not intend to consult with NATO...

Top 10 sectors attracting foreign direct investment

Foreign direct investment (FDI) flows provide a snapshot of the industries that global investors see as having the greatest growth potential. In 2024, the top ten sectors attracting FDI accounted for $1 trillion in foreign investment, according...

Grindeanu, a clear message for the Corlăţean candidate: "We are not weakening the PSD in this pre-congress period"

Sorin Grindeanu, the interim president of the PSD, declared yesterday, after the meeting of the party's National Political Bureau, that the date of the congress has not yet been set, but it will take place this fall, and welcomed the entry of...

Scandal at the top of Romanian football: Rapid club demands LPF president's resignation

FC Rapid's majority shareholder, Dan Şucu, launched a harsh attack on the president of the Professional Football League (LPF), Gino Iorgulescu, accusing him of abuse and demanding his "honorary" resignation.

PSD remains in power, but boycotts governing coalition meetings

• Social Democrats impose three conditions on the Bolojan government: rapid elimination of existing privileges in the public system, analysis of budget execution and establishment in the budget rectification of the continuation of financing the...

Savings of over 4 million lei per year from the directors of five municipal companies

Lies have short legs. Illustration by MAKE

ASF and Government change the rules: the right to payment in a single installment of private pension, canceled in the new bill

• Radu Crăciun, APAPR: "Private pension funds are very liquid and can handle payments without any problem"

A new Code of Conduct for schools: firm measures against xenophobia and hatred

Motherhood is healing, more children, lower cancer risk

OpenAI Launches "Smartest' Model in Company's History

Trade union federations demand repeal of articles affecting education

Armatura shareholders, captive in the company after an "invisible" error for all BVB suspended

• BVB suspended Armatura shares from trading after a decision to dissolve the company was taken in an EGMS based on incorrect information

Information Technology Industry Has the Biggest Growth of U.S. Businesses

Business creation in America has grown by 19% over the past five years, with new tech startups launching at the fastest pace.

Cyberattack at Venice Film Festival

Signal: Russia closes Institute of Time, official end of teleportation research

July 2025 - the third hottest July on record: Climatologists sound the alarm

Ion Iliescu Funeral: Tributes, Absences and the Last Honor

CJI Study: Romanian Students Spend an Average of 6 Hours a Day Online During Summer Vacation

US to build nuclear reactor on the Moon

The "Death of the Universe” Will Occur in 10 Billion Years, New Computer Model Predicts

The vast and mysterious universe seems eternal to human perception.

Summer 2025: Northern Hemisphere under siege from climate extremes

Ministry of Culture Promises Reforms Following Harsh Court of Accounts Report on Cultural Heritage Management

Russian companies step up presence at Belarusian Commodity Exchange

Funeral of the former president: Ion Iliescu, the last journey

The former president of Romania, Ion Iliescu, will be buried today. Yesterday, he was laid on the catafalque in the Union Hall of the Cotroceni Palace, in the presence of representatives of the Presidential Administration and a council of...

GRECO warns: Romania has implemented only two of the 26 anti-corruption recommendations

The Group of States against Corruption (GRECO), a body of the Council of Europe, raises a new alarm regarding Romania's progress in the field of corruption prevention.

Beijing becomes the world capital of robotics in August

Education in Crisis: Unions Demand Minister David's Resignation, Announce Massive Rally on September 8

Tensions in the education system continue to rise. Education Minister Daniel David met with the leaders of the three major trade union organizations in the field - the Federation of Free Education Unions (FSLI), the "Spiru Haret"...

Japan on fire: heat records broken, dams dry

Euro appreciates massively against dollar in 2025, but falls in July; correction or change of direction?

• JP Morgan: European Central Bank hints at end of easing cycle, a positive for euro

"As a former Minister of National Defense, I say it clearly and unequivocally: military pensions are not special pensions. Treating them as such is political scoundrelship," Mihai Fifor said in a public post. (Photo source: Facebook / Mihai Fifor)

Military pensions, again at the center of the debate: Mihai Fifor accuses "political villainy"

The state redefines the rules for granting university scholarships

US Industries Affected by the Most Layoffs in 2025

Darwin Monkey: Artificial Brain with Billions of Synapses and Neuronal Impulses

Australia under siege of winter: heaviest snowfall in decades

Minister of Education: Academic Diaspora, a strategic resource for Romania

In an international context marked by socio-economic reconfigurations, the Romanian diaspora, especially the academic one, is seen as a strategic resource for Romania's development.

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 Minister of National Defense, Ionuţ Moşteanu, stated: "I do not agree with the way she is totally disconnected from the realities of Romania. It seems that she does not understand how much money people live on. And, as an idea, the pension in the judiciary is somewhere around 25,000 lei, in the military system it is somewhere around 5,300 lei and in the general pension system I think somewhere around 2,700 lei. That's how things look." (Photo source: Facebook / Ionuţ Moşteanu)

The scandal of special pensions returns in force: "decoupled from reality"

The controversial statement from the leadership of the Superior Council of Magistracy reignites the dispute about special pensions, deepening the gap between privileges and social realities in Romania.

China: Economy vs. Market Cap - a global imbalance

Bucharest Stock Exchange, awaiting the verdict. Illustration designed by MAKE

A step back: how the government risks "burying" the capital market

Concerned by the contradictory rumors circulating about the second package of fiscal measures - to be approved after this month's budget rectification - the capital market community is wondering what it would do if a significant part of...