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PM Ciolos: EU – Turkey meeting authorizes President Tusk to negotiate for next week’s European Council

March 8, 2016

Prime Minister Dacian Ciolos announced on Tuesday morning that the meeting of EU heads of state and government with Turkey ended in a declaration authorizing European Council President Donald Tusk to negotiate the decisions of next week’s Council. According to Ciolos, the initial goal was just talking over a working lunch with the Turkish prime […]

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Romanian entrepreneurs launch e-learning platform, target EUR 500,000 in revenue in first year

Serial entrepreneur Sergiu Neguț, the co-founder of FintechOS, and entrepreneur Raluca Neagu have launched basetolearn, an e-learning ecosystem focused on providing solutions for professional development. The platform is launched in an educational partnership with the Bucharest International School of Management. The company targets a turnover of over EUR 500,000, with more than 50 courses and […]

Exim Banca Romaneasca Grants Companies Loans Guaranteed by the European Investment Fund

Exim Banca Romaneasca supports the development of Romanian companies by granting loans for investments and working capital under advantageous conditions, with European guarantees that can cover up to 70% of the financing value, following the signing of a guarantee agreement between the bank and the European Investment Fund (EIF). EIF guarantees can be accessed under […]

Romanian European Projects Ministry to introduce new PNRR reporting system

Romania’s Ministry of Investments and European Projects will introduce an open data type of reporting, with all 17,000 projects included in the EU-funded Recovery and Resilience Plan, or PNRR.  The projects will be placed in a database indexable by location, type of beneficiary, or type of intervention, according to minister Dragoș Pîslaru. "We are talking […]

IULIUS restores contaminated site to pave way for EUR 800 mln urban regeneration project in Constanța

Romanian developer IULIUS announced on Tuesday, September 23, that it will invest EUR 29 million in “the largest bioremediation project in Europe by a private investor,” restoring 38 hectares of contaminated land in downtown Constanța as part of its EUR 800 million urban regeneration project. The site, once home to the city’s Oil Terminal platform, […]

Romanian prosecutors request lifting of immunity for pro-Russian MEP Diana Șoșoacă

The Prosecutor’s Office attached to Romania’s High Court requested that the European Parliament lift the immunity of MEP Diana Șoșoacă on Tuesday, September 23. The request relates to cases of unlawful deprivation of liberty, Holocaust denial, public promotion of the cult of persons convicted for genocide and war crimes, as well as fascist, legionary, racist, […]

Two Romanians arrested in Greece for suspected espionage at naval base

Greek authorities have arrested two Romanian nationals on suspicion of espionage after they allegedly took pictures of the Hellenic Navy’s main base on the island of Salamina, the Coast Guard said on Tuesday, September 23, as reported by ekathimerini.com. The men, aged 52 and 22, were detained on Monday afternoon after Navy personnel spotted...