Norway's contribution of USD 127 million towards the purchase of a Patriot system for Romania demonstrates "not only its firm support for Romania, but also its commitment to allied security," Romania's Defence Minister Angel Tilvar said on Tuesday.The Norwegian government's decision to contribute significantly toward this acquisition was announced at the Meeting of the Council of Nordic States in Reykjavik, which takes place until Thursday, according to Romania's Ministry of National Defence (MApN)."We continue to stand together with Ukraine in these critical moments," Tilvar is quoted as saying.This financial contribution is part of the Immediate Action on Air Defence Initiative coordinated by Germany and will allow Romania to strengthen the security and defence of the Euro-Atlantic space by renewing and expanding its air defence capabilities.MApN says that this close cooperation between Romania and Norway reflects the common and unwavering commitment of both nations in the face of current security challenges, as well as their continued support of Ukraine against the Russian Federation's unjustified aggression.Romania recently donated a Patriot system to Ukraine.
President Nicusor Dan signed on Thursday the decree appointing Prime Minister Ilie Bolojan as interim Vice Prime Minister on the areas coordinated by Dragos Anastasiu, the Presidential Administration informed.On 27 July, Dragos Anastasiu announced he was stepping down from the vice prime minister office, mentioning that he could no longer accept "being denigrated and thus […]
Prime Minister Ilie Bolojan continued consultations on Thursday with representatives of the Association of Communes of Romania, telling them there is a strong chance to overcome the current difficult period if the approach of "responsibility toward public funds" is maintained."The reform of local public administration will be part of the second package of government measures […]
Financing the National Recovery and Resilience Plan (PNRR) projects will continue for those already initiated and will stop only in case investment has not begun, where not a single euro was spent for construction, Development minister Cseke Attila explained on Thursday. “PNRR will not stop, neither will financing investments which have already been initiated, […]
The Justice Ministry announced on Thursday having developed in cooperation with the Finance Ministry and the National Tax Administration Agency a set of proposals to amend the Insolvency Law, which will be included in the second reform package.Some of the amendments provide for a higher recovery rate of the taxes and fees owed by insolvent […]
Romania is in the antechamber of recession, with the risk that its economy will decline in the third or fourth quarter, especially amid an increase in taxes, a significant drop in sales and record inflation at European level, says business consultant Adrian Negrescu."We are currently in the antechamber of recession. It is a moment […]
The Ministry of Culture announced on Thursday that is set to adapt national legislation for enforcing the European Media Freedom Act (EMFA), which supports media pluralism, editorial responsibility, protects journalists from abusive surveillance and intimidation, and provides protection for sources.According to a Culture Ministry release, the implementation in Romania of Regulation (EU) 2024/1083 of the […]
