General Gheorghita Vlad, the chief of Staff, mentioned on Wednesday the necessity to strengthen the institution of national defence and consolidation of the NATO position to deter and defend, in the context of the ‘probability’ to escalate conflicts, including of those of military nature."Our forecast of tomorrow's reality includes developments and scenarios, some of which involve the likelihood of escalating conflicts, including military ones. To reduce the likelihood, we continue to rely on the deterrent effect of a credible national and allied defensive capability. That is why we are continuing to press the accelerator pedal to strengthen the institution of national defence and to reinforce NATO's deterrence and defence posture," said Gheorghita Vlad at the opening of the Black Sea Defence Exhibition. He added that the diminution of the present challenges of security need the continuation of the measures for the increase of the reaction capacity, through the appropriate endowment of the army.‘We are in peacetime, but the current reality is marked by complex security challenges (…). The diminution of the present challenges for security and meeting the challenges of the future requires continuing the responsiveness we are now achieving. A considerable party of this effort is reserved to the endowment of the force structure. The dynamic nature of the war will be counteracted by the ability to have at any moment efficient equipment through credible military procurement. At present, the Romanian Army needs a rational balance between classic equipment and new technologies, which is of major importance’ the general said.
The number of people in Romania at risk of poverty stood at 3.59 million people in 2024, 375,000 fewer than in 2023, representing a 9.4% decrease, according to data from the National Institute of Statistics, or INS. Despite the improvement, nearly one in five Romanians was affected by poverty last year. According to INS, 19% […]
The European Public Prosecutor’s Office (EPPO) in Cluj-Napoca carried out multiple searches on Tuesday, July 1, at the Sibiu International Airport and the Sibiu County Council as part of an investigation into suspected fraud involving a EUR 54 million EU-funded infrastructure project. A total of 24 locations were searched across Bucharest, Brașov, and Sibiu county, […]
A Romanian taxi driver who scammed 90-year-old Nigerian Nobel Prize laureate Wole Soyinka was detained by police on Sunday, June 29, according to media reports. On Friday, June 27, the venerable Nigerian arrived at Bucharest's Otopeni Airport. He got into a taxi and asked to be taken to a hotel downtown. At the destination, the […]
Costin Șerban, a Romanian entrepreneur, is digitalizing the construction sector in the United Kingdom with an ERP (enterprise resource planning) solution developed over 12 years and an investment of GBP 1.6 million (EUR 1.86 million). Șerban’s cloud-based ERP platform is called Abilo, was developed by the Romanian IT company Obi Systems, and is dedicated to […]
Border checks between Bulgaria and Romania have officially been lifted on July 1, as part of the implementation of the Schengen Agreement. The lifting marks the end of the transitional period of heightened control at the internal border, which had remained in place for six months following their accession to the Schengen area by land […]
Remus Vulpescu became CEO of the Bucharest Stock Exchange (BVB) on Tuesday, July 1, taking over from Adrian Tănase as the stock exchange grapples with a market dominated by government bonds. Vulpescu, 53, is a graduate in political and legal sciences from the University of Bucharest and holder of an EMBA obtained in 2017. He […]
