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October 11, 2025

A roundup of domestic and international news

Newsflash
Newsflash

, 11.10.2025, 13:55

London – The Fitch financial rating agency has revised upwards its estimates regarding the evolution of Romania’s deficit, which is expected to decrease this year to 8.5% of the Gross Domestic Product, from the record level of 9.3% recorded last year. In an analysis published on Friday, the agency notes that, in the coming years, the budget deficit is expected to be reduced only to 7% in 2026 and to 6.5% in 2027. The agency revised the deficit forecast in the context in which, it says, the fiscal measures already taken by the Romanian government could encounter difficulties in implementation, amid modest economic growth and persistent political uncertainty. Fitch analysts also say that reducing deficits and stabilizing debt are crucial conditions for lifting the negative outlook associated with the ‘BBB minus’ country rating assigned to Romania.

 

Festival – Bucharest is hosting this weekend the 9th edition of the International Light Festival – SPOTLIGHT. The theme of this year’s edition is ‘Symbiosis’, inviting the public to reflect on how light can create connections between the city, the community and the environment. During the three days of the festival, from Friday to Sunday, artists from Romania, France, Germany or the Netherlands present over 20 interactive installations, spectacular video mapping sessions and digital artworks that transform the center of Bucharest into a spectacular visual landscape. In parallel with the street projections, conferences dedicated to professionals and enthusiasts in the field of digital art and international festival production are also taking place in Bucharest. Among the guests of the 2025 edition are internationally renowned artists and curators who will discuss or give presentations about the creative processes behind the great light festivals.

 

Weightlifting – The Romanian athlete of Cuban origin Luis Lauret Rodriguez won the silver medal in the snatch in the 110 kg category, on Friday, at the World Weightlifting Championships in Forde, Norway. He won the medal with 188 kg, after missing his first attempt at this weight. Romania ended the competition with 4 medals, 1 gold and 3 silver, the others being obtained by Olympic vice-champion Mihaela Cambei, gold in the snatch and silver in the clean and jerk and total, in the 53 kg category.

 

Aid – The European Commission has approved aid worth 11.5 million Euros for Romanian farmers whose crops were affected by this spring’s frost. According to Radio Romania’s correspondent in Brussels, the measure is part of a package that offers help to farmers with similar problems in six Eastern European countries. These are Bulgaria, Latvia, Lithuania, Hungary, Poland and Romania. According to the Commission, these countries can complement the European support with national funds.

 

Marathon – Approximately 12,000 runners from over 70 countries are expected to participate, today and Sunday, in the races of the 18th edition of the Bucharest International Marathon, the organizers announced. The large number of participants consolidates the Bucharest Marathon’s status as a top international sporting event in Central and Eastern Europe. It aims to offer competitors, in addition to the sporting experience, a cultural and urban one. (LS)

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London – The Fitch financial rating agency has revised upwards its estimates regarding the evolution of Romania’s deficit, which is...

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