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The European Commission approved on Friday, June 26, a state-ensured capital increase of EUR 1 billion and the extension of the state guarantee granted to the Investment and Development Bank until the end of 2032.
The Investment and Development Bank was established in 2022, in addition to the activity of commercial banks, with the aim of promoting economic develo...
Director Cristian Mungiu, this year’s winner of the Palme d’Or for Fjord, is a guest of the Festival La Rochelle Cinema (FEMA), which will present a retrospective covering his complete filmography, from Occident to R....
In a position statement submitted to the Romania Insider editorial office, the employers’ association of bankers, FinBan, said that the historic fine handed down by the Competition Council to the largest Romanian banks does not entit...
Transilvania International Film Festival (TIFF), held every year in Cluj-Napoca, will screen a selection of films from this year’s program in Bucharest.
The public in Bucharest can see Carlos Saiz’s Lionel, the winner of the Transilvania Trophy, alongside György Pálfi's unconventional feature Hen, one of the audience favorites at the Cluj festival.
Romania is in the final stages of closing its old orphanages, a process which began in the 1990s, when more than 100,000 children were living in such institutions.
At this moment, there are only 7 such centers still operating in the country, housing 165 children, after nearly three decades of reforms in the child protection system. The authorities and organizatio...