President Klaus Iohannis reiterated on Thursday Romania's strong support for Ukraine's sovereignty and territorial integrity and for the right of this country to decide freely on its European and Euro-Atlantic aspirations."At today's EUCO I reiterated Romania's strong support for Ukraine's sovereignty and territorial integrity and for its right to freely decide on its European and Euro-Atlantic aspirations. We need to continue to pursue dialogue and seek a diplomatic resolution," Iohannis wrote on Twitter.He added that risks to European security are still critical."We need to continue our efficient coordination and demonstrate visible unity during this crisis, which enhances the security of the entire Euro-Atlantic area," Klaus Iohannis notes.Hde also declared on Thursday that in the event in which the security situation at the Ukrainian border will change, the European Union has an established reaction package and specified that Romania is ready for a possible flow of migrants from this country."If the situation will change (...), the reactions that we will have will be shared reactions, so each country will not act separately, but rather the European Union has a reaction package ready and they will be put into practice, but certainly, each has their specific problems. For example, we have over 600 kilometers of border with Ukraine and it is possible for a migrant flow to appear, and yes, we are ready for this situation and in matters of economic impact we are also prepared, we have specific measures prepared. But we must know very clearly, we want to have a diplomatic solution, nobody wants a sanction type solution, we want the situation on the Eastern Flank to be defused through de-escalation and by calming tensions," the head of state highlighted.On Thursday, president Klaus Iohannis took part in the informal reunion of the European Council, the topic being the latest evolutions regarding the security situation at the Ukrainian border and also at the 6th European Union - African Union summit, which will also continue on Friday. Also on Friday, the head of state will have, on the sidelines of the EU - African Union Summit, a meeting with the president of the European Parliament, Roberta Metsola.
Low-cost carrier Wizz Air announced three new routes from Bucharest, two additional aircraft, and a permanent base that will be established in the Romanian capital at the Băneasa Airport. The new base will open starting April 1, 2025. The move will see the airline increase its Bucharest fleet to 21 aircraft. "Bucharest is of crucial importance […]
Shopping center developer Argo Capital sold Shopping City Suceava in northeastern Romania to M Core for an undisclosed sum. The property offers a leasable area of 43,100 square meters, hosting over 100 retailers. According to real estate consultancy company iO Partners, which advised Argo Capital, this marks the largest transaction in the past five years […]
“Language Buddy,” a project launched in the city of Brașov, aims to support young migrants and refugees in learning the Romanian language. The same project trains students as mentors in intercultural pedagogy. “Language Buddy” is a model simultaneously implemented in eight European countries (Greece, Italy, Romania, Bulgaria, Spain, Portugal, Malta, and Austria) and is based […]
President Klaus Iohannis and prime minister Marcel Ciolacu reaffirmed Romania’s intention to combat anti-Semitism and promote the memory of Holocaust victims with the occasion of the International Day of Commemoration of the victims of the Holocaust. The head of the Romanian executive attended the ceremony dedicated to the international day and the remembrance of the […]
Bucharest, Ilfov, and Timiș emerged as the regions with the highest number of registered mortgages in Romania in 2024, followed by Iași and Constanța. According to an analysis conducted by online broker Ipotecare.ro and financial consultant and mortgage lending company SVN Credit Romania, roughly 86,600 mortgages were recorded nationwide last year, marking a 26.5% increase […]
Crevedia Retail Park, one of the largest strip malls in Romania, with a total leasable area of 11,400 sqm, opened on the Bucharest-Târgoviște road close to Bucharest on Monday, January 27. The total investment, by REPACO Capital and its partner Weststar Real Estate, amounts to EUR 15 million, partly co-financed by Banca Transilvania through an investment […]
