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May 31, 2025

A roundup of domestic and international news

Newsflash
Newsflash

, 31.05.2025, 13:51

Negotiations. The pro-European parties in the Romanian Parliament, PSD, PNL, USR and UDMR, will begin negotiations on Monday on the formation of the new government and the program of economic measures to reduce the budget deficit. The four political leaders met with the President of Romania, Nicuşor Dan, who stated that the new Executive will be formed in the next two to three weeks and that the future Prime Minister must have credibility, because a period of tough economic measures lies ahead. Also, a technical group formed by representatives of the four parties will work every day, President Nicuşor Dan also said, and its members aim to finalize the discussions by the end of next week and only then will debates be held on the executive formula and its composition, as well as on the name of the future Prime Minister.

PNNR. By June 10, Romania will receive from the European Commission 1,279,000,000 euros from the third payment request, included in the National Recovery and Resilience Plan (PNNR), the Minister of Investments and European Projects Marcel Boloş has anounced. However, Brussels has also decided to suspend the amount of 869,000,000 euros included in the same request. The money could be transferred at the end of November, only if the authorities in Bucharest have met the commitments regarding the reform of the special pension system, the appointment of the management of the agency that monitors the performance of public enterprises and the designation of administrators of companies subordinated to the Ministry of Energy. Marcel Boloş has also stated that a new payment request, the fourth one, is being negotiated with the European Commission. Romania wants to double the allocated amounts, from almost 2.7 billion euros to 5.7 billion. However, other reforms must be carried out, said the Minister of European Projects, who specified that these include, among others, a fiscal reform, taxes on pollution and transport, as well as reforms regarding the energy and the justice laws.

SAFE. Romania will have a new financial source to make investments for military and civilian use in the Black Sea. Roxana Mînzatu, executive vice-president of the European Commission, explained on Radio Romania that through the new EU regulation, called SAFE, the community executive can contract loans of 150 billion euros for member countries. Roxana Mînzatu referred to the Black Sea Maritime Security Hub which Romania will host. She emphasized that, for Romania and Bulgaria, it is very important to prioritize investments in the economic development of the region. “It is important that we say that we will invest in transport infrastructure, and this means road, railway and sea infrastructure. The counties of Constanţa, Tulcea (southeast, on the Black Sea) everything that means port and maritime infrastructure, are relevant, they are strategic”, Roxana Mînzatu also said.

Eurostat. A quarter of the European children are at risk of poverty or social exclusion, according to Eurostat data published ahead of International Children’s Day on June 1. In Romania, the share is higher than the EU average, but statistics show that the situation has improved in the last two years. According to Radio Romania’s correspondent in Brussels, Eurostat data for last year show that 33.8% of Romanian children under 18 are at risk of poverty or social exclusion. This is the third highest rate in the European Union, followed by Bulgaria with 35.1% and Spain with 34.6%. At the opposite end, the lowest rates are found in Slovenia, Cyprus, and the Czech Republic. In total, the number of disadvantaged children in the European Union is estimated to be 19.5 million, or 24.2% in this case, which means one child in four. The number has decreased, however, from one year to another, and compared to the previous year it is a decrease of 0.6%. The largest reductions in these risks were recorded in Romania, by 5.2% in just one year. At the opposite pole, the number of children at risk of poverty or social exclusion increased in countries such as Finland, Croatia, Bulgaria and Belgium, with rates between 3.5% and 1.2%.


Praid.
The disaster at the Praid Salt Mine, in Harghita County (central Romania), affects the entire population in the area, which depends on the salt mine. The government will allocate 300 million lei (60 million euros) in funds to resolve the underlying situation, and an inter-ministerial working group will assess the damage caused by precipitation in the salt mine area and decide what can be done urgently to eliminate the effects and to restore and save the salt mine. With a history dating back to Roman times and constituting one of the largest rock salt deposits in Europe, the Praid salt reserves are strategic for the Romanian economy, contributing to the growing annual profit of the state-owned company, which has been increasingly exporting to European countries.

Sports. Romanian athlete Ana Bărbosu won the bronze medal on uneven bars on Friday evening at the European Artistic Gymnastics Championships in Leipzig, Germany. The gold medal was won by Belgian Nina Derwael, and the silver went to Hungarian Bettina Lili Czifr. Romania had not won a European medal on this apparatus since Steliana Nistor won silver in 2008, according to the Romanian Gymnastics Federation. A bronze medalist on floor at the 2024 Olympics, Ana Bărbosu had won the bronze on the all-around in Leipzig on Thursday. (MI)

October 15, 2025 UPDATE (2)
Newsflash Wednesday, 15 October 2025

October 15, 2025 UPDATE (2)

DEFICIT – The Government on Wednesday submitted a document to the European Commission, detailing the fiscal measures taken to reduce the budget...

October 15, 2025 UPDATE (2)
October 15, 2025 UPDATE (1)
Newsflash Wednesday, 15 October 2025

October 15, 2025 UPDATE (1)

PENSIONS – The Chamber of Deputies on Wednesday adopted the draft law on the payment of private pensions. The main regulation is that people who...

October 15, 2025 UPDATE (1)
Newsflash
Newsflash Wednesday, 15 October 2025

October 15, 2025

BUDGET The government of Romania is sending the European Commission today a document detailing the fiscal measures taken since this summer to address...

October 15, 2025
Newsflash
Newsflash Tuesday, 14 October 2025

October 14, 2025 UPDATE

Cooperation – Russia is constantly testing the resolve of NATO member states, but the Alliance shows that it is determined to defend the...

October 14, 2025 UPDATE
Newsflash Tuesday, 14 October 2025

October 14, 2025

MEETING – Germany is Romania’s top trade partner and number one investor, Romanian Foreign Minister Oana Țoiu said today, after meeting with her...

October 14, 2025
Newsflash Monday, 13 October 2025

October 13, 2025 UPDATE

ECOFIN The finance minister Alexandru Nazare said that Romania has a duty to support its interests firmly, with arguments and a realistic...

October 13, 2025 UPDATE
Newsflash Monday, 13 October 2025

October 13, 2025

Finance. Finance Minister Alexandru Nazare said that Romania has a duty to firmly support its interests with arguments and a realistic understanding...

October 13, 2025
Newsflash Sunday, 12 October 2025

October 12, 2025 UPDATE

BORDER– Romania, together with the other EU member states activated on Saturday a new border control mechanism for foreigners who want to enter the...

October 12, 2025 UPDATE

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