Romania has so far collected funds under the Cohesion Policy in the amount of 23.84 billion euros, in the financial exercise 2014-2020, and has reached an absorption rate of 99.1% , informs the Minister of Investments and European Projects, Adrian Caciu, in a post published on Wednesday on his Facebook page."Romania has so far collected funds from the Cohesion Policy in the amount of 23.84 billion euros in the financial exercise 2014-2020, reaching a degree of absorption of 99.1%. I took over the absorption of funds at a level of 74%, when I became the Minister of Investments and European Projects. When the PSD (Social Democratic Party) was at the government, the absorption rate was 51.3 per cent, which means a progress of 47.8 percentage points (that is half of the free money that Romania had allocated, but which stayed in Brussels back then) in European money, but especially thousands of projects that have been financed and contributed to the development of our country, that have been carried out in these 2 years and 8 months. I continue to believe that, beyond the political agitation between the two parties that govern Romania today, the key ministers from the two governments from the period November 2021 - present have done their job and worked in the interest of the Romanians," said Caciu.The official added that Romania's priority now will be represented by the financial exercise 2021 - 2027, within which there are already contracts signed worth more than 17.5 billion euros.
President Nicușor Dan has nominated Senate president Ilie Bolojan, a leader of the National Liberal Party (PNL) and former interim president, for the prime minister seat. Dan said Bolojan is “the best person to carry out the needed adjustments in the state administration.” He pointed to Bolojan’s track record with reducing spending, and said he has […]
Balkanik Festival – Home of World Music, set to take place at Uranus Garden between September 5 and September 7, lines up this year artists who "celebrate that form of joy that does not ignore reality, but faces it with beauty, energy, and solidarity," the organizers said. The artists performing in September in Bucharest will […]
The mayor of Timișoara, Dominic Fritz, announced on Friday, June 20, that two new bridges over the Bega River will be built in the city. The bridges will be financed with EU-backed funds worth over RON 130 million. The bridges in question are the Solventul Bridge, which will connect Gării Street to Dâmbovița Boulevard and […]
A Sarmatian necropolis nearly 2,000 years old was discovered after archaeological excavations were carried out at the Mehala II site in the municipality of Timișoara, in western Romania. Researchers discovered 15 inhumation graves, most arranged in rectangular pits with rounded corners, although some no longer retain their original outline, having been disturbed by the passage […]
The George Enescu Philharmonic Orchestra will deliver on June 26 a concert marking Romania Day at the Osaka World Expo. Additionally, the Bucharest-based orchestra will present a series of other concerts and recitals, both within the Romanian Pavilion and outside, at Toyonara Hall in Osaka. The George Enescu Philharmonic Orchestra's concerts will be conducted by […]
Sphera Franchise Group, the largest food service group in Romania, has opened its first Cioccolatitaliani store in the seaside resort of Riccione, in Italy’s Rimini tourist area. This marks the official launch of Sphera Group’s development plan for the premium Italian brand of coffee, gelato, and pastry. Under the plan, it will open four locations […]
