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President Iohannis sends congratulation message to Frank-Walter Steinmeier, Germany’s President Elect: Romania is a reliable, stable partner of Germany

February 12, 2017

President Klaus Iohannis on Sunday sent a congratulation message to the President Elect of the Federal Republic of Germany, Frank-Walter Steinmeier, saying that Romania is ‘a reliable, stable partner of Germany.’ “The relationship between Romania and Germany is excellent, of strategic nature, an aspect confirmed by the intensity of our political dialogue, of our economic […]

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European Parliament endorses EUR 1.9 bln support package for Moldova

The European Parliament announced on March 11 that it endorsed the EUR 1.9 billion support package under the Reform and Growth Facility for Moldova. Of the total, EUR 420 million will be provided as grants. Besides increasing the grant side by EUR 100 million, MEPs backed an increase in pre-financing...

Romania slams Kremlin's statements in favor of far-right politician Calin Georgescu

A country that failed to organize free elections over the past 20 years is not in a position to comment on democracy, the Romanian Foreign Ministry responded in a press release to statements made by the Russian president's spokesman, Dmitry Peskov, in defense of Romanian far-right politician Calin Georgescu and his ban on the presidential […]

Romanian politicians salute CCR's ruling on Calin Georgescu but are split on interpretations

Romanian prime minister Marcel Ciolacu said that the unanimous decision of the Constitutional Court (CCR) judges on banning the presidential candidacy of far-right politician Calin Georgescu "closes an extremely tense and dangerous episode" that Romania has experienced in recent months.  He also said that the peaceful...

Romanian far-right party AUR to decide on its presidential candidate

Romania's far-right party AUR has reportedly picked up several possible replacements for Calin Georgescu as presidential candidate on the night of March 11, but the final decision will be taken after consultations with Georgescu aimed at getting his support, Hotnews.ro reported. Calin Georgescu cannot run in the May...

Dutch Rabelink builds 5,800 sqm warehouses in north-west Romania

Rabelink, a logistics company from Baia Mare, a subsidiary of the Dutch company Rabelink Services BV, is building a warehouse and several administrative spaces in the Baia Sprie Industrial Park, according to 2mnews.ro. ...

Romania's chemical group Chimcomplex seeks EUR 60 million loan

Romania's largest chemical group, Chimcomplex, invited its shareholders on April 11 to endorse plans for a EUR 60 million loan, according to a note to investors published by the company. The financing will be used for "implementing investments, carrying out any expenses provided for in the company's business plans, refinancing," among others, according to the […]