In a joint letter, the foreign ministers of the Czech Republic, Denmark, Estonia, Finland, Iceland, Ireland, Latvia, Lithuania, Norway, Poland, Romania and Sweden are calling on the G7 states to take additional measures to cut the Russian Federation's revenues from the sale of its energy carriers."With these revenues, Russia is funding its continuing aggression in Ukraine. A third of Russia's revenues and two thirds of its exports are linked to energy carriers," reads a press statement released by the Romanian Foreign Ministry (MAE) on Friday.According to MAE, the 12 states have consistently supported the adoption of the toughest possible restrictive measures against Russia.The G7 is thus encouraged to use a price cap on oil as an effective tool to limit Russian revenues, to impose additional sanctions on vessels involved in Russia's shadow fleet and those associated with it, and to consider further measures targeting the maritime transportation of Russian-origin export goods."Russia is using the shadow fleet to fund its war machine. The vessels of the shadow fleet are often old and in poor condition, posing environmental, maritime safety and security risks in Europe and our waters," according to the joint statement.
Romanian director Radu Jude has won the Silver Bear for Best Screenplay for Kontinental '25 at this year's Berlin International Film Festival/ Berlinale. Kontinental '25 is Jude’s third film awarded in Berlinale’s main competition, after Aferim!, which earned...
With nearly 1,300 real estate transactions in 2024, the company tripled its sales volume compared to 2023. The total value of real estate transactions reached EUR 146 million in 2024. There were 114 transactions in January 2025, double the number in January 2024. With a total of almost 1,300 real estate transactions, North Bucharest Investments […]
Forvis Mazars Group, the international audit, tax and advisory services partnership, releases today its annual CEE M&A report, prepared in association with Mergermarket. It reveals that dealmaking in the CEE region suffered a decline in overall deal value, although a marginal rise in deal volume shows the market’s underlying robustness. The Investing in CEE: Inbound […]
With a total of almost 1,300 real estate transactions, North Bucharest Investments (NBI) managed to triple its sales volume compared to 2023, and the total value of transactions reached €146 million in 2024. This amount reflects an increase of 133% compared to the previous year and consolidates the company's leading position on the real estate […]
French president Emmanuel Macron said that Russia manipulated elections in Romania and that the cancellation of last year's presidential elections did not shock him as a result of that intervention. Macron made the comments during a session of questions from users on social media regarding the situation in Ukraine. Over one hour, he...
Romania’s Ministry of Education released the latest edition of the National Metaranking, identifying the top universities in the country. The ranking has undergone minor changes compared to last year’s edition or the last independent metaranking published in the fall by academic experts. The Transilvania University of Brașov has entered the top 5 universities in Romania, […]
