Romania's Prime Minister Marcel Ciolacu on Tuesday welcomed the proposals released by the head of the European Commission, Ursula von der Leyen, on the exemption of defence spending from the excessive deficit procedure, saying that Romania has constantly advocated for such a solution."Europe must be prepared to uphold its security and defence, as reflected in today's Von der Leyen's proposal to Rearm Europe. Particularly welcome proposals to exempt the defence spending from the excessive deficit procedure, a solution for which Romania pleaded since the beginning of Russian aggression against Ukraine. Putting forward different instruments allowing for the increase of defence investments will contribute to consolidating capabilities in EUMS and to protect Europe as a whole," Ciolacu wrote in a social media post.Von der Leyen on Tuesday proposed a new fund that could mobilise almost EUR 800 billion for defence investments in the European Union, including military aid to Ukraine.According to the dpa news agency, the new fund is part of a proposal presented to member states ahead of a special March 6 summit of EU leaders in Brussels.In her plan to rearm the EU, the EC president also proposed to give member states more leeway in complying with the EU's usually strict rules on defence debt and deficit spending, as well as the possibility of reallocating regional development funds available for military investment. (Photo:https://gov.ro/)
Children from 17 villages and small towns across several counties in Romania will enjoy a complete musical experience in April and May, specially adapted for them, thanks to the Classic for Kids tour. The tour will travel to the counties of Cluj, Maramureș, Bistrița-Năsăud, Alba, and Sălaj in the upcoming two months. Pianist Bogdan Vaida […]
Belgian band Hooverphonic will perform in Bucharest next week at a concert scheduled to take place on April 9 at Arenele Romane. On April 8, they are scheduled to perform in Cluj-Napoca, at Form Space. The group is celebrating 25 years since the release of the album The Magnificent Tree, which included...
The play "The Prophet Elijah" (Prorocul Ilie), staged at the I.L. Caragiale National Theatre in Bucharest, has sparked a wave of intense reactions immediately after the premiere, with critics labeling it an insult to those holding Christian faith. In response, TNB representatives and the cast of the play say it does not intend to offend. […]
Private equity fund MidEuropa announced the sale of Regina Maria Group, the healthcare network operating under the Regina Maria brand in Romania and the MediGroup brand in Serbia, to Mehiläinen, the Finland-born private healthcare provider also present in Sweden, Germany, Lithuania, and Estonia. The sale, which the company described as "the largest ever healthcare services transaction in Central Europe," is […]
Romania's natural gas group Romgaz (BVB: SNG) reached an agreement to increase by RON 10.3 million (EUR 2 million) the value of the contract with troubled company Duro Felguera of Spain, which is building the 430 MW Iernut gas-fired power plant. The money will go to General Electric, a subcontractor of Duro Felguera. The new […]
German group Hengst Filtration, which took over a factory in southern Romania in 2023, announced that it completed the transfer of the production equipment and reported a EUR 11 million turnover for the first year of operations, according to Profit. ...
