Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Iohannis, in Riga: Russia to continue to represent...

Iohannis, in Riga: Russia to continue to represent greatest security risk, we must be prepared

July 10, 2024

  President Klaus Iohannis affirms Russia will continue to pose "the greatest risk to European security" and NATO states must be prepared to act "accordingly"."Russia will continue to represent the greatest security risk for our states and for European security. We must be prepared to act accordingly! We, the NATO Allies on the Eastern Flank, are in the front line of countering the negative effects of this devastating war," Iohannis told the Bucharest 9 (B9) Format Summit in Riga, Latvia on Tuedsay.He also said that the Eastern Flank states that are part of this format must be prepared, "as dramatic regional developments continue to increasingly demand full attention and coordination", to act to bring added value to the alliance as a whole."We need to act for more solidarity, dialogue and cooperation. These is and must remain the foundation of our common strength and resilience. Through our shared vision and actions, the B9 format has contributed to strengthening NATO's deterrence and defence posture from the Black Sea to the Baltic Sea. We must continue on this path!," added the Romanian president."We must remain focused on improving security on NATO's Eastern flank, especially in the Black Sea region. In this way, we will strengthen regional and Euro-Atlantic security and that of all 32 allies," Klaus Iohannis stressed.President Klaus Iohannis also called for continued and increased support for Ukraine for as long as needed."Other vulnerable NATO partners, in particular the Republic of Moldova, should also receive our attention and assistance in building resilience," he went on to say.In his speech, the Romanian head of state noted the presence, for the first time, at a B9 summit of Sweden and Finland, countries that have recently joined NATO, but also the presence of the Secretary General of the Alliance, Jens Stoltenberg."I am glad that we are meeting here today, and I must say that I am very glad that the Eastern Flank is now stronger, it is longer. And Sweden and Finland are well represented here, as is NATO at the highest level. What can go wrong? Nothing," Iohannis said.The Bucharest 9 (B9) format is a Romanian-Polish initiative dedicated to security issues specific to NATO's Eastern Flank, which brings together allied states in the area. It was launched in 2015, in Bucharest, at the joint initiative of the presidents of Romania, Klaus Iohannis, and Poland, Andrzej Duda, in response to the deteriorating security situation following the illegal annexation of Crimea.

Read in full - click here
A Linden Tree on the Move: Sustainability in Action at the British School of Bucharest

This autumn, a mature linden tree on the campus of the British School of Bucharest (BSB) was relocated to a new position within the school grounds to make space for the development of new sports facilities. The operation, supervised by two UK specialists from Ruskins Trees & Soil Biology Ltd, represents the first such relocation […]

Romania remains EU's leader by VAT gap

Romania continues to record the largest value-added tax gap in the European Union, losing around one-third of both VAT and corporate tax revenues, according to an analysis by PwC Romania based on the VAT Gap in Europe report by the European Union. The country has held the top position in VAT non-collection for the past […]

Romanian companies boast highest profitability in the region

Romanian companies recorded higher profitability than peers in Bulgaria, the Czech Republic, Hungary, and Poland across nine economic sectors, positioning Romania among the most attractive regional markets for investors in selected industries, Ziarul Financiar reported, citing a joint study by the Bucharest...

Mobile internet speed in Romania is 19th globally, but below that in Bulgaria and Serbia

Romania ranks 19th globally for mobile internet speed, surpassed not only by advanced economies in the region but also by neighboring countries, which have accelerated investments in mobile infrastructure and managed to achieve faster and more stable connections, according to Economica.net,...

Romania installs 2.5 GW of PV capacity in 2025, one third of total at year-end

Romania added 2.5 GW this year to its total solar power capacity, 45% more than last year and roughly one third of the total capacity expected at the end of the year (7.6 GW), according to Economica.net, citing data from the latest report by Solar Power Europe, the European photovoltaic industry association. The performance, combined […]

Net investments in Romania accelerate to 8.8% y/y in Q3

The volume of net investments in Romania’s economy rose by 8.8% y/y in Q3 in comparable prices, accelerating from a sluggish +1.0% y/y rate in H1, according to data published by the statistics office INS. The rebound points to stronger capital formation after a weak start to 2025. Indeed, gross fixed capital formation rebounded to […]