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.
The Atlantic Council will honor Romanian president Klaus Iohannis with the Distinguished International Leadership Award for his remarkable career, exemplary leadership of Romania, and his transatlantic and European leadership role. The Atlantic Council’s Distinguished Leadership Awards are often referred to by media as “the Washington Oscars.” Among the honorees are a European head of state, […]
The colorful rapeseed fields in the southern part of Romania have been photographed by NASA from a satellite and featured in an accompanying article titled “Golden Fields in Romania.” The spectacular images were taken last month above the area where the Olt River intersects with the Danube. According to the article, NASA personnel were impressed […]
UiPath, an AI-based company founded by Romanian entrepreneurs and listed on the New York Stock Exchange in 2021, has recruited Raghu Malpani as Chief Technology Officer. Malpani, who was Corporate Vice President at Microsoft for the Microsoft 365 Application and Data Platform will report to the Director of Innovation and the Executive President of UiPath, […]
Production and new orders rise after nine straight months of decline Business confidence picks up, while hiring is back on the agenda Cost inflation eases and selling prices rise only fractionally An improvement in the health of the Romanian manufacturing sector was signalled for the first time in the survey's history, according to the latest […]
Raiffeisen Bank Romania continues its growth strategy in personal financial planning, up 50% in the first quarter of the year in the segment of investment plans, voluntary pensions and life insurance with a savings component. At the same time, it continued to support SMEs and accelerated investments to launch new functionalities in the mobile banking […]
Road crews have begun snow removal on Romania’s spectacular mountain road known as Transfăgărășan. Since there is less snow than in other years, the road could be opened much earlier than the usual date of July 1, according to authorities. Transfăgărășan, Romania’s second-highest road after Transalpina, is being cleared of snow so it can be […]
