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Minister Cuc: I am carefully monitoring situation at Romatsa, but I refuse working under pressure

May 26, 2017

Transport Minister Razvan Cuc said Friday at Agigea that he is closely monitoring the situation at Romatsa, the Romanian air traffic services administration, insisting that while he is open to dialogue, he will in no way work under pressure. “I am very closely monitoring the situation at Romatsa, but one thing is certain: no way […]

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Romanian retail investors’ interest shifts to long-term, euro-denominated state debt

Romanians purchased RON 1.49 billion (nearly EUR 300 million) under the last Fidelis issue this year, organised by the Treasury in December, with over two-thirds of the money being placed in euro-denominated debt and more than one-third of the total being placed in long-term 10-year euro-denominated debt with a 6.2% coupon attached, according to data […]

Romania plans 380 hectares of forest shelterbelts as desertification advances in the south, minister says

Environment minister Diana Buzoianu announced that the ministry she leads has launched the procedures for a feasibility study aimed at planting 380 hectares of forest shelterbelts in southern Romania, a region increasingly affected by desertification. According to the announcement, the project would result in more than 126 kilometers of tree lines planted along national roads. […]

Romanian president says Russia will remain a threat, Europe must strengthen defense

Romanian president Nicușor Dan said Russia will remain a security threat to Europe even if the war in Ukraine ends in a peace agreement. Speaking after the Eastern Flank Summit in Helsinki, he stressed that European countries must stay calm but strengthen their defense capabilities through increased investment and closer coordination within NATO and the […]

Literary map: Project showcasing places featured in fiction to expand from Bucharest to Braşov, Iaşi

Harta Literară (The Literary Map), a project highlighting real-world places featured in fiction works, will expand next year from Bucharest to Braşov and Iaşi after receiving funding from Romania's National Culture Fund (AFCN). Bucharest was the first city covered by the map, with more than 300 documented places, and 600 highlighted connections to classic and […]

From Bucharest to the World: How Verita International School Opens Pathways to Oxford, Cambridge and the Ivy League

As global competition for university places continues to rise, families are increasingly seeking schools that not only deliver strong academics but also provide the networks, counselling, and preparation needed for the world’s most selective universities. Through its partnership with Dukes Education, Verita International School has become one of Romania’s strongest pathways to top global universities, […]

Save now, relax carefree in summer: The PLUS Deposit over 7 months with special interest rates from Exim Banca Românească

Exim Banca Românească continues the savings campaign under which it pays attractive interest rates, above the market average, for new deposits in lei and euro, over 7 months: interest rates of up to 7.20% per year for lei and 2.50% per year for euro. The offer is available both for the PLUS deposit in lei, […]