President Nicusor Dan will make an official visit to Germany on Friday. He will have official talks with his counterpart, Frank-Walter Steinmeier and with federal chancellor Friedrich Merz. The visit agenda includes the participation in a meeting with German businessmen and a meeting with representatives of the Romanian community, the Presidential Administration informed on Thursday. The visit takes place following the invitation made by the German president, in the context of deepening the high level Romanian-German dialogue and reflects the excellent relations with strategic character between the two countries, the source pointed out. According to the Presidential Administration, the Romanian-German dialogue is based on a close bilateral cooperation, European and allied, as well as on solid historic and interhuman connections between the two countries. Talks with the German president and the Federal chancellor will focus on developing the Romanian-German collaboration in fields of interest, accent being laid on projects of economic cooperation and investments in sectors like defense, energy, automobile, industrial and on close cooperation in European business and in the fields of security and defence. Germany is Romania's main economic partner and an ally that significantly contributes to ensuring European security, the press release shows. The agenda will also include support for Ukraine and efforts in ensuring a just, durable peace, backing Moldova and its European aims, maintaining EU unity of action and competitiveness as well as developing transatlantic relations.
Romania’s prime minister Ilie Bolojan reportedly opposes the idea of further prolonging the price-capping mechanism introduced in August 2023 and repeatedly extended so far, according to Ziarul Financiar. Ambiguous statements over the weekend indicated an incipient conflict among the ruling coalition’s...
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A memorandum establishing a new stock exchange in the Republic of Moldova was signed on September 15 in Chișinău, with the Bucharest Stock Exchange (BVB) set to play a key role as shareholder and technology partner, according to Bursa.ro. The new Moldovan exchange will run...
The “service pensions”, also known as special pensions, paid to civilians (military not included in the report), cost the state budget and the state social insurance budget a total of RON 2.2 billion in 2024, over 22% more than in 2023,
The Czech company Tesla has officially announced to the government and local authorities that it is abandoning the project to build the energy storage factory in Brăila, an investment of EUR 90 million that was also to receive state aid, according to
Romanian households' purchasing power has deteriorated in July, both as a result of slower nominal advance (+5.2% y/y, the weakest in four years) but also because of a sharp rise in inflation (7.68% y/y) following the VAT rate hike, according to data published by the statistics office INS. The average net wage dropped by 3.0% […]
