Romania

The country disbursed €1,3bn worth of state aid in 2019-2023, with 62% of the projects granted to foreign companies, according to an analysis conducted by EY Romania; main sectors were automotive, technology, manufacturing, medical and food industry

Constitutional Court has annulled the country's presidential elections, including the first round and the runoff initially scheduled for today between candidates Călin Georgescu and Elena Lasconi; it is a first-ever in a stable democracy

Romanian online trade reached €10,6 billion last year and will grow by 10% this year, according to Association of Romanian Online Stores

An amendment to the Tax Code as been adopted to exempt from taxation, until 31 July 2025, the earnings of individuals from investments in cryptocurrencies; the decision was passed in the Romanian Parliament, by a vote of the Chamber of Deputies

DropCoal, an experiment entirely developed in Romania by the Romanian InSpace Engineering with the support of the European Space Agency, will be launched to the International Space Station and will study how two drops merge and mix in microgravity

The breeding of chinchillas and mink will be banned starting from 2027; the law passes by Parliament makes Romania the 22nd country in Europe and the 16th EU member state to ban fur farming

The Green Registry for Romania project focused on the historical park to show how intelligent tools can be used to keep track of the tree and shrub population

Pets will be able to accompany their owners in Bucharest's public institutions, according to a draft law presented for public debate by the City Hall

The financial damage caused by the drought could exceed €2 billion at national level, given the huge production losses, additional irrigation costs, and the failure to capitalise on production at a fair price, according to Romanian Farmers' Club's data

The Ivan Patzaichin Mila 23 Association, created in honour of four-time Romanian Olympic rowing gold medallist Ivan Patzaichin, recently launched a slow tourism initiative in the Danube Delta with the creation of 40 routes to encourage visits to the area

The Ministry of Agriculture is working on an emergency decree to limit the mark-up on Romanian food products to 20%, following the model of the existing ceiling for 17 commodities

A 7-year period to reduce the budget deficit below 3% of GDP will be asked by the PM to the the European Commission; Romania has been subject to the Excessive Deficit Procedure since 2019, but the procedure was suspended during the COVID-19 crisis