Prime Minister Nicolae Ciuca met on Wednesday with representatives of the business community and the banking sector to analyze the impact of the conflict in Ukraine on the economic situation in Romania.According to a Government's release, the talks focused on developing the country's energy independence, public and private investment, as well as possible vulnerabilities caused by the conflict in Ukraine, such as a possible decline in global car production.The effect of the fake information spread in the public space in the current context was also analyzed, the participants in the meeting agreeing that a joint effort is needed in combating this phenomenon."Unfortunately, this part of fake news catches on very easily, while the arguments are taken over and understood much harder. You should know that everyone needs to make efforts to stop this phenomenon," Prime Minister Ciuca said.According to the Government, the issue of increasing anxiety among the population amid the border conflict has also been addressed. "We need, more than ever, a call for calm, solidarity and a message of unity: we will support jobs, we will support the economy. We need everyone to communicate that we have the capacity to get over this situation. We call for calm," said the Minister of Finance, Adrian Caciu, present at the discussions.All the topics addressed will continue to be discussed in depth in future meetings, which will take place regularly, the Government said.
Bucharest’s District 3 City Hall will once again organize a special New Year’s Eve event in Titan Park, with a program of live concerts, multimedia shows, and even a simulation of the Northern Lights. The event, set to begin at 8:00 PM on December 31, will focus on the theme of infinity. “If you missed […]
Traffic on Lot 1 of the A7 Ploiești-Buzău highway, stretching 21 kilometers in southern Romania, was officially opened on Monday, December 23. With this opening, 102 kilometers of the total 320 kilometers of the highway are now usable. The Moldova Highway, as it has been called, is meant to connect Romania's economically underdeveloped eastern regions to […]
The Dutch technology investor Prosus NV, also the majority shareholder of Romania’s largest online retailer eMAG, is set to buy the online travel agency Despegar.com Corp, focused on Latin America, for approximately USD 1.7 billion. The purchase consideration will be funded from existing cash resources, the company said. Founded in Argentina in 1999, Despegar is one […]
The new Forestry Code, which passed the Parliament vote on December 17 and was signed into law by president Klaus Iohannis on December 20, includes provisions that protect all forests in Ilfov, the county surrounding Bucharest, making them the cornerstone of the future green belt around the capital city. Moreover, it legislates green belts nationwide, […]
Bucharest’s Police will be equipped with 100 state-of-the-art drug detection devices as part of a new initiative by the Capital City Hall, mayor Nicușor Dan announced. The acquisition has been completed, and the first 50 units have already been delivered to the authorities. According to mayor Dan, the devices, equipped with cutting-edge technology, can detect […]
Hotel International Băile Felix, in western Romania, will enter the Mercure brand after a franchise contract with French multinational hospitality Accor. According to the managing company behind the hotel, the publicly-traded Tourism Felix SA (TUFE), the approval of the franchise contract by the company's Board of Directors represents an essential first step towards sustainable development. […]
