Romania's finance minister, Alexandru Nazare, announced on Tuesday a new economic recovery package aimed at boosting companies in strategic zones and easing the burden on small entrepreneurs. The package has two parts. First, it will diversify support schemes for firms operating in areas where the trade balance is weak, prioritising regions rich in mineral resources, artificial intelligence, research and development, and defence. The goal is to attract large investments by offering a mix of incentives, helping Romania compete with its neighbours. Second, the plan will introduce fiscal measures to simplify life for micro‑enterprises, including reduced tax rates for firms that fall below a €100,000 turnover threshold and relaxed hiring conditions. Nazare said the package is being drafted with experts from all parties. The announcement was made on Antena 3 CNN and reported by News.ro.

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