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163 new news items in the last 24 hours
  1. Home
  2. Economy

Ciprian Ciucu: The Capital City Hall is facing major financial problems.

Sanziana Georgescu
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3 August 2026, 08:16
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The general mayor of the Capital, Ciprian Ciucu, discussed the difficult financial situation of the City Hall, emphasizing that he is forced to decide monthly which payments can be made.


He mentioned that one of the biggest problems is related to STB, where the annual operating costs amount to approximately 1.7 billion lei, to which debts and accumulated penalties are added. Ciucu described this situation as a "black hole" that affects the city's budget, putting investments in hospitals, roads, and other public services at risk.


Additionally, the mayor promised that some construction sites in Bucharest will be closed before the new school year, explaining that these works are necessary for improving infrastructure, especially the tram lines, which have not been changed for decades.


The mayor acknowledged that the city will go through a period of discomfort, but emphasized the importance of urban regeneration for the future.

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Romania TV
Ciprian Ciucu, despre problemele financiare cu care se confruntă Primăria Capitalei: ”Avem două găuri negre, trebuie să decid eu ce plătim și ce nu plătim”
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Ciprian Ciucu avertizează asupra crizei financiare din Primăria Capitalei: Situația este extrem de proastă

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NEWS ON THE SAME TOPICS

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Ciprian Ciucu stated that since taking office he has not had a single week without financial problems.
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Ciprian Ciucu warns that Bucharest is in danger of bankruptcy due to high subsidies for public transport and heating.
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General Mayor Ciprian Ciucu: Bucharest City Hall lost 80% of the PNRR funds before I became mayor
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Ciprian Ciucu: "The devil made me run for election these two years." The mayor warns about the risk of insolvency of the Capital.
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The general mayor Ciprian Ciucu requested the insolvency of STB to ensure the payment of salaries and to prevent the "city's bankruptcy".
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STB submits a new insolvency request, announces the mayor of the Capital, Ciprian Ciucu
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ciprian ciucu Capital City Hall financial problems

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