Economy | 5 May, 2026 at 4:06 PM
Romanian Government collapses following successful no-confidence motion
The Romanian Parliament voted to dismiss the government led by Prime Minister Ilie Bolojan on Tuesday.
The Romanian Parliament voted to dismiss the government led by Prime Minister Ilie Bolojan on Tuesday.
The Romanian leu depreciated on Monday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.1998 lei, up 1.1% from the previous rate, recording a new historic high.
The Romanian Government has officially approved an emergency ordinance aimed at providing relief for the energy market through a temporary reduction in diesel excise duties.
The Romanian Government has officially declared a crisis state on the crude oil and petroleum products market, effective from 1 April 2026 until 30 June 2026.
Romania will declare an emergency situation on the fuel market following a working group meeting convened by PM Ilie Bolojan to address surging costs.
The Romanian government has launched a comprehensive legislative package aimed at dismantling bureaucratic barriers for large-scale investments.
Romania's Government Private Cloud, the country's largest critical digital infrastructure, has entered operational stage nationwide.
Arobs Systems, part of the Arobs Group, has signed two digitalization contracts with Romanian government institutions worth a combined €8 million to the company.
The government has greenlit a memorandum to approve a €500 million financing contract between Romania and the European Investment Bank (EIB) to support the A1 Sibiu-Pitești motorway project.
Romania's fiscal package is expected to have a substantial budgetary impact, estimated at 1.1% of GDP this year and 3.5% in 2026, finds an analysis by Fitch Ratings.
Romania is moving closer to achieving fiscal-budgetary rebalancing, according to a recent report by the international rating agency Moody's.
Romanian PM Ilie Bolojan announced on Wednesday a raft of measures designed to support the reduction of the country's budget deficit.
The new Government led by PM Ilie Bolojan has been voted in Parliament, raising 301 votes from Senators and Deputies.
The Government has approved the Ministry of Development's proposal to allocate RON 484 million (€96 million) from the budgetary reserve fund to finance airport infrastructure investment projects.
Optional pension funds in Romania can allocate up to 10% of their total assets to private equity investment funds in Romania, the EU, and OECD countries.
The report finds that managing risk can no longer be a siloed activity relegated to annual planning or discussions between high-ranking officials.
Eurohold Bulgaria and Euroins Insurance Group have filed a Request for Arbitration against Romania at the International Centre for Settlement of Investment Disputes.
The International Finance Corporation (IFC), a member of the World Bank Group, has signed an agreement with Vienna Insurance Group (VIG) to acquire approximately 10% of the shares of Carpathia Pensii, a Romanian private pension company.
Romania recorded the most significant increase in industrial electricity costs across the EU during H2 2025, according to data released by Eurostat.
Polish pharmaceutical company Zakłady Farmaceutyczne Polpharma has agreed to launch a voluntary public takeover offer (VTO) for all shares of Romanian drugmaker Biofarm, according to a regulatory filing.
Romania's Ministry of Finance has launched a public consultation for the TechUp Romania funding scheme, designed to support investments in research and development of advanced technologies with production capabilities.
Visual Fan has entered the shareholding of Solbess, a company active in electricity production.