The Council of Ministers in Sofia adopted on Wednesday a decision on the temporary introduction of controls at the Bulgarian-Romanian internal border and the suspension of the operation of border crossing points at the Bulgarian-Romanian and Bulgarian-Greek internal borders, a decision prior to the actual accession to Schengen with land borders, which was agreed with Romania, Hungary and Austria on November 22, in Budapest, informs the BTA agency. The decision aims to ensure the implementation of the Quadripartite Declaration between Austria, Bulgaria, Hungary and Romania, agreed on 22 November this year in Budapest, as well as the (European) Council Decision on setting the date for the lifting of checks on persons at internal land borders with and between the Republic of Bulgaria and Romania, BTA states. In accordance with the Quadripartite Budapest Declaration, in order to prevent possible security threats generated by a change in migration patterns, which could arise as an immediate consequence of the absence of internal border controls, border controls will be carried out at border crossing points at the internal border with Romania for a period of six months starting from 1 January 2025, after which they will be suspended. On 12 December, the Council of the European Union decided that Romania and Bulgaria will also join Schengen with their land borders from 1 January next year, which means that Romania and Bulgaria will become external borders for the Schengen area. (Photo:https://www.politiadefrontiera.ro/)
The European Commission, under its Autumn Forecast published on November 17, cut the projections for Romania’s economic growth to 0.7% in 2025 and 1.1% in 2026, half the expectations included in the previous May 19 Spring Forecast. The growth would nearly double to 2.1% in 2027. The revised projection incorporates the fiscal slippage in 2024-2025 […]
The Bucharest Municipal Electoral Office announced late Monday, November 17, that it has validated 17 of the 20 candidacies submitted for the capital’s race for the general mayor seat, including those of the main contenders. Two applications were rejected, and one was postponed for further review,
Romanians are worse off now compared to 6 months ago, and 2026 will also be difficult, but from 2027 and then on, there is hope, said president Nicusor Dan during an interview with Romania TV. The government targets a deficit of 8.4% of GDP this year, marginally below 8.65% of GDP in 2024. To tackle […]
Imran Vilcassim, Chief Commercial Officer, Digital Platforms at BPC, explores how Romania’s booming digital payments outpace merchant readiness and why mobile POS is emerging as the practical solution. Romania’s digital payments volumes are rising fast, but merchant infrastructure isn’t keeping up. Independent market models estimate total digital payments will reach nearly
The attributes needed to reach the top of the business hierarchy, how to motivate and support the teams one works with, and how to tackle the unavoidable challenges that arise along the way were among the topics discussed at the event Inspiring Women in Business, organized by La French Tech Bucharest. Making it to a […]
More than half of the elderly people in urban areas in Romania face loneliness, and almost 310,000 of them experience it at a high level, according to a study conducted by the Association Never Alone, Friends of the Elderly, in partnership with Kantar Romania. The study, carried out in August 2025 on a representative sample […]
