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September 11, 2025 UPDATE

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September 11, 2025 UPDATE
September 11, 2025 UPDATE

, 11.09.2025, 20:14

PLAN The Social-Democratic Party (PSD), part of the ruling coalition in Romania, has presented a programme of economic relaunch, which comprises measures of stimulating investment and the creation of new jobs. The interim PSD president, Sorin Grindeanu, has given assurances the proposed measures do not have a budget impact, but are based on European funds, fiscal facilities and guarantee schemes. The proposals include a scheme of state guarantees for the SMEs, a stability bonus of one thousand RON per month in the first year and of 1,250 RON in the second year for the young people employed as well as a fiscal credit up to 50% for investment in data centers and artificial intelligence. According to Grindeanu, at least 25 thousand young people will be integrated in the labour market, approximately one thousand projects involving research, development and innovation will be getting support and at least 200 new products and services will emerge on the market. According to the PSD leader, the total sum for credits for these SMEs will stay around 15 billion lei. He said the measures would be presented to the coalition partners to be implemented through legislative projects in the following period of time.

 

SURVEY The cumulated election support for the four pro-European parties making up the ruling coalition in Romania – PSD, PNL, USR and UDMR – currently stands at roughly 50%, only 3% higher than that the opposition sovereignist parties, AUR, POT and SOS Romania would enjoy, says an INSCOP survey. And if Parliamentary election were held next week, the Alliance for the Unity of Romanians would get a little over 40% of the votes, followed by PSD with 17.9%, the National Liberal Party with 15%, the Save Romania Union with 12% and the Democratic Union of Ethnic Hungarians in Romania with 4%. The other two opposition parties, the Young People’s Party and SOS Romania would no longer clear the 5% threshold needed for accession in Parliament. The survey was conducted over September 1 and 9 on 1,103 respondents at national level with a maximum admitted error of +/- 2.95%.

 

COMMEMORATION September 11 remains a painful wound, but also a warning: freedom, democracy, and respect for human rights are never guaranteed; these values must be defended through actions and commitment, not just statements. This is the message conveyed by Romanian Prime Minister Ilie Bolojan at the commemoration of the 24th anniversary of September 11, 2001 terrorist attacks in the United States. Romania remains firmly committed to its strategic partnership with the US and to the international efforts for peace and security, with a special role in the Black Sea region, where stability is essential for the entire Euro-Atlantic community, the head of the Bucharest government added. The bloodiest terror attacks in the history of the United States took place in New York, where al Qaeda terrorists rammed two planes into the Twin Towers at World Trade Center and another one into the Pentagon building. The fourth plane crashed on a field in Pennsylvania after the passengers had tried to stop the terrorists.

 

INFLATION The annual inflation rate rose to 9.9% in Romania in August, from 7.84% in July, as the prices of non-food goods rose by 10.48%, of services by 9.85%, and of food products by 8.92%, according to data published today by the National Institute of Statistics. Electricity prices rose the most in August, by over 65% year-on-year and 2.56% compared to the previous month, followed by fresh fruit, with over 41% year-on-year, and hygiene and cosmetic services, with an increase of over 19%. The Governor of the National Bank of Romania, Mugur Isărescu had predicted last month that inflation would rise sharply in September, and would likely exceed 9% by the end of the year.

(bill)

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Newsflash
Newsflash Thursday, 11 September 2025

September 11, 2025

Inflation. The annual inflation rate rose to 9.9% in Romania in August, from 7.84% in July, as the prices of non-food goods rose by 10.48%, of...

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