Romania will help the Republic of Moldova to prepare, put its reforms into practice and improve its economic performance, with a view to becoming an EU member state, on Thursday said, in Brussels, president Klaus Iohannis, ahead of attending the European Council meeting."It is clear that it needs to be worked both sides. The Republic of Moldova must implement the reforms, the state institutions must function in such a way as to correspond to the European expectations, to respect all the European values. In many areas in the Republic of Moldova, when we talk about the economy, it is necessary to create for the first time the conditions of level playing field, as it is called, i.e. a equitable, fair competition and independence of producers and regulators and so on. There are many issues that need to be resolved by Moldova in Moldova. At the same time, there must be a strategic clarity within the Union: we either want or do not want Moldova to become a member state. Romania wants this, I have said it many times, and we can help them, we, Romania, can help them prepare, to put into practice their reforms, to improve their economic performance and we will do all these things," said the president, before attending the European Council meeting.President Klaus Iohannis on Wednesday attended the Eastern Partnership Summit.
Romania has signed a major contract with France for the acquisition of Mistral portable short-range air defense missile systems. The agreement was concluded on Tuesday, November 25, between Romania’s Ministry of National Defense and France’s Ministry of the Armed Forces and Veterans, through their respective General Directorates for Armaments. The acquisition is valued at EUR […]
The European Parliament called on November 26 for EU-wide rules to strengthen the protection of minors online, recommending a minimum age of sixteen for accessing social networks, video-sharing platforms, and AI chatbots, according to a statement from the institution,
The government of Romania will be empowered to establish, ex officio or upon request, by Government Decision, an extended surveillance regime over local companies strongly affected by economic sanctions imposed by other states, according to the legislative project prepared by the government, given that the situation of the assets held by the Russian giant Lukoil […]
The European Commission (EC) will reportedly give Romania four more months to appoint permanent management under competitive procedures at 48 state-owned enterprises (SOEs) in the energy sector, after the Romanian government agreed to double the fine paid by the country and the penalties charged to those responsible (ministers) if the milestone set under the Resilience […]
The Romanian banks boasted in 2025 virtually the same record aggregated net profit as in 2024, namely RON 11.6 billion (EUR 2.3 billion, -0.6% y/y) in January-September and RON 6.2 billion (EUR 828 million, -0.3% y/y) in Q3 alone, according to data published by the National Bank of Romania. The non-performing loan (NPL) ratio has […]
The Romanian Parliament approved the National Defense Strategy on Wednesday, November 26, with 314 votes in favor, 43 against, and three abstentions, following a joint session attended by president Nicușor Dan. The document will guide national security policy for the 2025-2030 period. During the parliamentary debate, Ana Maria Gavrilă, leader of the opposition party POT, […]
