Economy | 6 May, 2025 at 8:57 AM
Cătălin Predoiu named Romania's Interim PM
Cătălin Predoiu has been named Interim PM following the resignation of Marcel Ciolacu. The appointment was approved by Interim President Ilie Bolojan.
Cătălin Predoiu has been named Interim PM following the resignation of Marcel Ciolacu. The appointment was approved by Interim President Ilie Bolojan.
Romania's Social Democrat PM Marcel Ciolacu resigned on Monday evening, citing dwindling support for the ruling government coalition following Sunday's first round of presidential elections.
As US President Donald Trump has announced a 20% tariff on products imported from the EU, Romanian PM Marcel Ciolacu said the government will launch support schemes.
The US government is currently reviewing Romania's recent inclusion in the Visa Waiver Program (VWP) to ensure it meets the program's strict security requirements.
Romania's Government has signed in mid-July a memorandum of understanding with US tech giant Google as the country is looking to boost its cloud infrastructure for public services.
CEE is entering an uneven economic recovery against a backdrop of inflationary pressures, with Romania remaining under pressure from inflation and fiscal imbalances, according to Allianz Research.
Haleon, a consumer healthcare company, has appointed Jon Workman as President for Europe operations.
Romanian communication consultancy Graffiti Plus (GRF+) is opening its private placement round on January 22, targeting retail investors ahead of its planned listing on the Bucharest Stock Exchange's AeRO market in H1 2026.
Insurers are experiencing uncertainty from economic pressures, geopolitical volatility and increasing catastrophic events, combined with higher customer expectations, according to the Deloitte 2026 global insurance outlook.
The Black Sea Energy Cooperation Association (Besca) has begun operations in Romania as a platform for collaboration among investors, developers, and experts involved in renewable energy projects across the Black Sea region.