Greece is interested to expand economic cooperation with Romania in vital sectors for both countries, such as health, energy, transport, constructions, food industry and agriculture, informs the Ministry of Finances.According to a post on the Facebook page of the institution, the minister of finances, Marcel Bolos received on Wednesday the visit of the delegation of the Embassy of the Hellenic Republic to Romania, both states having, besides the geography which determines common projects and strategic collaboration both in the EU and in the NATO. To start, the ambassador of the Hellenic Republic to Romania, Evangelia Grammatika welcomed the efforts of the authorities in Bucharest in favour of accession of Romania to the Schengen Area and OCED. Similarly, she manifested the support of the government in Athens in reaching the objective of accession to OCED which would give Romania financial stability and the guarantee of a safe destination of foreign investors."In order to ensure sustainable economic growth, Romania is considering a predictable fiscal framework to attract foreign investors and vital projects with a major impact on the economy, such as transport, hospital and education infrastructure," Finance Minister Marcel Bolos said in the MF press release. At the same time, Evangelia Grammatika expressed its willingness to expand bilateral economic cooperation in sectors vital to Romania and Greece, such as health, energy, transport, construction, food industry and agriculture. In order to achieve these objectives, Minister Marcel Bolo? expressed his openness to attract foreign investment. With 8,678 companies registered in Romania, Greece ranks 7th in terms of the value of capital subscribed in the list of countries investing in Romania.
The union at the Automobile Dacia automobile factory in Mioveni expressed concern about the administration's proposal to reduce production, starting in January 2026. The production is reportedly planned to be reduced to 55 units per hour, from 65 units currently, according to the company's employees speaking for Europa FM, as reported by
Romanian prime minister Ilie Bolojan announced on November 21 that a decision will be taken in December regarding the minimum turnover tax (IMCA) applied to companies with a turnover of EUR 50 million or more, whose 16% profit tax falls below 1% of turnover, Economica.net...
Prime minister Ilie Bolojan, in a press conference on November 21, said that Romania took steps to protect the interests of state company Romgaz, which holds 12.2% in the Trident Black Sea offshore perimeter operated by Russia's Lukoil. He said that the authorities in Bucharest "collaborated" with the Office of Foreign Assets Control (OFAC) within […]
Kazakhstan's national oil and gas company, KazMunayGas, is set to partially divest its European assets, which include KMG International (KMGI, formerly Rompetrol Group) with Romania's largest refinery, Petromidia (4.8 million tonnes refining capacity), in its portfolio. KazMunayGas plans to sell up to 50% of its European holdings, according to
Romania's public debt increased by RON 30.3 billion (EUR 6 billion) in July after the new government of prime minister Ilie Bolojan returned to the international market following a period of absence due to the political turmoil caused by the presidential elections and the formation of a new ruling majority. Romania's public debt hit RON […]
The Romanian Environment Ministry has proposed new legislation that would make the illegal cutting of trees in urban green spaces a criminal offense punishable by prison. The move aims to close what officials describe as a legal loophole that has hindered environmental protection in cities. The draft emergency ordinance
