The president of the European Bank for Reconstruction and Development (EBRD), Odile Renaud-Basso, is visiting Romania on March 20-21, where she will meet with a number of government officials and business representatives.According to a press release of the international financial institution, the visit of the EBRD President comes at a time when the institution is preparing new five-year strategies for Romania and Bulgaria, which will go into public consultation at the end of this year.EBRD investments in Bulgaria doubled last year, reaching 272 million euros, while in Romania they increased from 658 million euros to 707 million euros, the financial institution firmly supporting the transition to a green economy in both countries.In Romania, Odile Renaud-Basso will meet with prime minister Marcel Ciolacu, finance minister Tanczos Barna, energy minister Sebastian Burduja, as well as business representatives, diplomats and civil society representatives. Odile Renaud-Basso will be accompanied by the EBRD director for Romania, Victoria Zinchuk."The EBRD is a key partner and a major institutional investor in both Bulgaria and Romania. This visit underlines the EBRD's commitment to supporting economic development," said Odile Renaud-Basso, quoted in the press release.The EBRD is a major institutional investor in Romania, was the organization has invested over 11.6 billion euros in 560 projects. A significant share of its financing supports private sector development, sustainability and innovation.
Fewer than three out of four Romanians have a good opinion about the introduction of voluntary military service, a ratio slightly lower compared to a decade ago in 2015, the percentage being now lower among the AUR and PSD electorate, according to an ISCOP Research survey published on September 17 in the context of Russia […]
Romanian president Nicusor Dan informed the Parliament that he approved a request by the United States to bring additional forces to Mihail Kogalnicanu base at the Black Sea, in light of the rising tensions in the Middle East, according to
In a couple of meetings expected to generate a breakthrough on four key topics on September 17, Romania's ruling coalition deferred a final decision on the local administration staff cutting and the prolongation of the food price capping mechanism, according to Observatornews.ro....
Hungary's state company MVM responded to rumours, saying it has not abandoned plans to take over E.ON's Romanian subsidiary – but it only "temporarily withdrew from the FSR mechanism" because the approval of the investment by the Romanian authorities takes more than expected and the company needs to "balance its costs and resources," according to
The United States has approved a USD 130 million grant to finance the construction of a high-voltage power line linking Moldova to Romania, a project officials said would strengthen the country’s energy security and deepen ties with Washington. The 190 km Strășeni–Gutinaș line will connect Moldova to the European electricity grid. It will complement the […]
It’s a busy weekend in Bucharest, as the city gears up for its annual celebration, film and theater festivals bring the latest productions, and new exhibitions are opening.
