On Thursday, the European Commission reaffirmed its position that Romania and Bulgaria are fully prepared for full accession to the Schengen area."Regarding the Commission's position on lifting internal border controls for Bulgaria and Romania, this remains clear, as President Ursula von der Leyen stated in the political guidelines for the next European Commission (2024-2029): Bulgaria and Romania have demonstrated their capacity related to border management and returns. They are prepared and should fully benefit from the Schengen area," a spokesman for the European Commission told Agerpres.He thus answered a question regarding the consequences of the introduction of internal border controls by several Schengen states on the expansion of this area through the full integration of Bulgaria and Romania, including land borders."The Council will have to take an additional decision to set a date for the lifting of internal land border controls between Bulgaria, Romania and other Schengen countries. The Commission will continue to provide all necessary support to the Presidency of the Council to ensure that a decision on land borders can be taken in 2024,'' the quoted spokesperson added.Ten days ago, Germany introduced, for a period of six months, controls at all its land borders to combat illegal immigration.The German authorities had already introduced controls at the borders with several neighboring countries, and from September 16 these measures were extended to the borders with Luxembourg, Belgium, the Netherlands and Denmark.According to the EU asylum rules (the so-called Dublin regulation), asylum applications must be processed in the member state where the migrant first enters the EU bloc.The Schengen area is the free movement area of the European Union that includes most of the 27 EU member states. At the end of March of this year, Romania, together with Bulgaria, joined this area partially - only with air and sea borders due to the lack of unanimity in the EU Council, and a decision on the elimination of land border controls is still awaited.
The Board of Directors convenes the Ordinary General Meeting of Shareholders on December 18/19, 2025 The Board of Directors of EVERGENT Investments, an investment company listed under the ticker EVER, has convened the Ordinary General Meeting of Shareholders for December 18/19, 2025. The proposal submitted for shareholders’ approval is the distribution of dividends from reserves […]
City Grill Group surpasses EUR 63.5 million in revenue in the first 10 months With one in six people affected by loneliness, according to the WHO, restaurants are once again becoming essential spaces for reconnection, and dining out is reclaiming its role as an authentic social experience. City Grill Group, the largest Romanian-owned restaurant chain, […]
The Apple Sports app, which provides real-time information and results from multiple sports, became available in Romania this week following a major European expansion, according to the company. The US smartphone maker made the app available in 20 European countries, including Romania. Now available in the App Store on the company’s devices, the Apple Sports...
An exhibition dedicated to the work of William Blake will open at the “Alexandru and Aristia Aman” Dolj County Library in Craiova between November 28 and December 12. Titled William Blake’s Painting in the Light of Sahaja Yoga, the photo-documentary display is curated by Carol and Luis Garrido (UK), whose 14 years of research led […]
The Bucharest Stock Exchange (BVB) kicked off a series of week-long events on Monday, November 17, to mark its 30th anniversary. Brokers, investors, and regulators discussed the evolution of Romanian equities, investment funds, and financial education. They stressed that the local stock market has offered higher returns than other types of investments. The first day […]
AROBS Transilvania Software (BVB: AROBS), a leading entrepreneurial technology company listed on the Bucharest Stock Exchange (BVB), recorded consolidated revenues of RON 328 million in the first nine months of 2025, up 7% compared to the same period last year. According to the company’s report, EBITDA also reached RON 50 million, a 15% increase, while […]
