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Deloitte: Romania's economy could grow by almost 3pct in 2025
Thursday, January 23, 2025
Romania's economy could grow by almost 3% in 2025, according to a presentation made by Alexander Boersch, chief economist and coordinator of the Deloitte Germany Research Division, at a specialist conference in Bucharest"Overall, the global economy grew at a rate slightly more than 3% in 2024 and it's likely to grow again at 3.1% in 2025. So, not much change on the overall level. However, we see a bit of movement under the surface. We see that ...
Standard projects to be funded under Interreg NEXT Romania-Ukraine Programme, approved
Thursday, January 23, 2025
The Monitoring Committee approved the standard projects that will be funded under the Interreg NEXT Romania-Ukraine Programme, the Ministry of Development, Public Works and Administration (MDLPA), the Managing Authority for this cooperation programme, announced on Wednesday.At the meeting, which took place in Bucharest, the Managing Authority within MDLPA presented the results obtained at the end of the selection process for the ...
EIB willing to finance up to 75 pct of eligible capital cost of energy efficiency projects
Thursday, January 23, 2025
The European Investment Bank (EIB) is willing to finance up to 75% of the eligible capital cost for each energy efficiency project, provided that it covers no more than 50% of the project's value, head of the EIB Group Office in Romania Marius Cara told a specialist conference on community involvement in the green transition."Energy efficiency is a priority that obviously targets all sectors of the economy. We aim to support the renovation ...
Italy and Romania strengthen cooperation in the fight against economic and organised crime, including in support of civil society
Thursday, January 23, 2025
Over the last months, the Embassy of Italy to Bucharest, with the presence of a legal expert, cooperated at operational level with the Italian Asset Recovery Office of the Ministry of the Interior – International Police Cooperation Service (SCIP) on some pending requests for tracing criminal assets to be confiscated for the Romanian authorities. The ...
PSD National Political Council validates Crin Antonescu's candidacy for presidential election
Wednesday, January 22, 2025
The National Political Council of the Social Democratic Party (PSD - at rule) validated on Tuesday Crin Antonescu's candidacy for the presidential election, announced Social Democrat Radu Oprea.According to him, it was also decided to convene an extraordinary party congress on February 2 to support Antonescu in the presidential ...
Avangarde presidential election poll: Calin Georgescu - 38 pct; Crin Antonescu - 25 pct, Nicusor Dan - 17 pct
Wednesday, January 22, 2025
Former independent candidate Calin Georgescu is expected to get 38% in the first round of the presidential elections, if they were held next Sunday, followed by Crin Antonescu (supported by the National Liberal Party - PNL, the Social Democratic Party - PSD, the Hungarian Democratic Union of Romania - UDMR) with 25%, Nicusor Dan (independent candidate) - 17%, George Simion (the Alliance for the Union of Romanians - AUR) and Elena Lasconi (Save Romania Union - USR) - 6% ...
INSCOP Survey: 69.1% of Romanians would vote for a nationalist party or candidate for the position of president
Wednesday, January 22, 2025
Almost 70% of Romanians would vote for a nationalist candidate for the position of president, who promotes religious values and supports the traditional family, reveals an INSCOP survey presented on Tuesday, the percentage being slightly higher than two years ago. However, only 16% would maintain their choice if such a party/candidate were to propose closer ties with Russia. According to the survey, ...
ECHR rejects Calin Georgescu's request for provisional measures in case on annulment of presidential elections
Wednesday, January 22, 2025
The European Court of Human Rights (ECHR) on Tuesday rejected the request of Calin Georgescu on imposing provisional measures in the case in which he contests the annulment of the presidential elections in Romania.Georgescu had requested the adoption of provisional measures, in particular that the decision of the Constitutional Court be suspended and the electoral process be resumed with the second round. The ECHR rejected the request for provisional ...
Romania takes over European Union Force in Bosnia and Herzegovina command
Wednesday, January 22, 2025
The Defence Ministry on Monday reported that Romania has taken over the command of the European Union Force in Bosnia and Herzegovina (EUFOR).In the presence of senior official for defence policy, planning and international affairs Simona Cojocaru, and Chief of Defence Gheorghita Vlad, Major General Florin-Marian Barbu took over the command of the European Union Force in Bosnia and Herzegovina - EUFOR today, January 21, during a ceremony that took place in ...
Romania to host two 15,000-strong NATO military exercises in H1, plans to expand Kogalniceanu Air Base
Wednesday, January 22, 2025
Speaking on Tuesday in an interview with Agerpres, Defence Minister Angel Tilvar said that the F-16 pilot training center in Romania has become permanent following Romania and the Netherlands' signing in December 2024, in The Hague, of a Letter of Intent to expand the training facility, and confirming that it will continue to operate and will be open to pilots from other NATO and partner nations as well, including Ukraine. The minister noted that through the training ...
Economic consultant: Trump's election, opportunity for Romania, we can rebuild economic relations with US investors
Wednesday, January 22, 2025
The election of Donald Trump as President of the United States of America represents an opportunity for Romania, being a starting moment from which we can rebuild economic relations with US investors, neglected in recent years, says economic consultant Adrian Negrescu."Trump's election represents an opportunity for Romania. It is a starting moment from which we can rebuild economic relations with US investors, which, unfortunately, we have neglected in ...
EBRD mission to diagnose financial watchdog's needs for supervisory technology solutions
Wednesday, January 22, 2025
Representatives of the European Bank for Reconstruction and Development (EBRD) are currently working with Romania's Financial Supervisory Authority (ASF) on a mission to diagnose and assess the needs for supervisory technology solutions to be next adopted by the financial watchdog, ASF president Alexandru Petrescu announced on Tuesday."I am confident that we will reach a level of digitalization that will put us ahead of any possible incidents, of economic ...
FinMin Barna: Romania receives signal of confidence from EU Council on gradual fiscal consolidation
Wednesday, January 22, 2025
Romania has received a signal of confidence from the EU Council on the gradual fiscal consolidation it needs and the draft budget to be adopted by the end of the month will reflect an approach by which we undertake the reforms and the investments foreseen in the budget-structural plan for the medium term, the Minister of Finance, Tanczos Barna said in a press release.Romania's Budget-Structural Plan and the corrective trajectory within the ...
Romania to have fish farms at Black Sea for the first time
Wednesday, January 22, 2025
The Minister of the Environment, Waters and Forestry Mircea Fechet declared on Tuesday, in Constanta, that from this year, as a first for Romania, fish farms will operate at the Black Sea, with certain concessions perimeters having already been awarded for carrying out this activity.Fechet said he was looking forward to eating shellfish or fish "from our fish farms off the Black Sea, and not imported from thousands of kilometers ...
Emigration intention of young people from Romania and other South- East European countries
Wednesday, January 22, 2025
• Social Monitor Infograph – a project of Friedrich-Ebert – Stiftung Foundation Romania More than half of young people in Romania want to emigrate for more than 6 months in another country, 8% of them having a very strong will, 11% a strong will, while 32% a moderate emigration wish, according to the Study on South-East European youths, made by Friedrich-Ebert ...
Romanian PM invites Netanyahu in Bucharest despite ICC warrant
Tuesday, January 21, 2025
*As signatory of the ICC Rome Statute, Romania is obliged to arrest Netanyahu if he sets foot in the country. Romanian Prime Minister Marcel Ciolacu's announcement of a meeting between the governments of Romania and Israel in Bucharest and his invitation to Prime Minister Benjamin Netanyahu signals they could be the next country to defy the ICC international ...
ForMin Hurezeanu, Qatari minister of state Dr. Mohammed bin Abdulaziz Al-Khulaifi have a phone conversation
Tuesday, January 21, 2025
Minister of foreign affairs Emil Hurezeanu had a phone conversation on Sunday with Qatari minister of state Mohammed bin Abdulaziz Al-Khulaifi regarding the situation in the Middle East."Good exchange of ideas, today, with His Excellency Dr. Mohammed bin Abdulaziz Al-Khulaifi, minister of state in the Ministry of Foreign Affairs of Qatar, regarding the situation in the Middle East, in the context of the ...
Iohannis congratulates Trump on his inauguration: We need a strong, vibrant transatlantic link
Tuesday, January 21, 2025
Romania's President Klaus Iohannis on Monday congratulated his American counterpart Donald Trump,on his inauguration, mentioning a need for a strong and vibrant transatlantic link."Congratulations to President Donald Trump for the inauguration! Romania, a close strategic partner of the US, wishes you the best of success for this important new mandate. We need a strong and vibrant transatlantic link, to the ...
Cristian Pirvulescu: Donald Trump's second term - a radical change of direction
Tuesday, January 21, 2025
The political analyst Cristian Pirvulescu states that Donald Trump’s second term which he starts on Monday means a radical change of direction.He says that through his statements, Donald Trump seems to ‘validate Russian and Chinese neo-imperialism, trying to drag the United States into a global whirlwind from which it can emerge victorious’. On the one hand, says the analyst, Trum has announced ...
Radu Magdin: Romania's foreign policy should not be affected by Trump's new mandate
Tuesday, January 21, 2025
The foreign policy of Romania must not be affected very much by the new Trump mandate and many of the Trump positions favor directly and indirectly the interests of our country, such as its energy policy, cooperation for military endowment, support for nuclear energy, the policy of the bases in Eastern Europe, political analyst Radu Magdin said on Monday.He believes that Romania may lose political capital in its ...