In 2022, Romania managed to absorb 11.3 billion euros in European funds, prime minister Nicolae Ciuca declared on Wednesday, adding that it is the highest level reached since our country has access to these funds."We managed to get through all the challenges we had, the challenges that Romanian citizens have felt. (...) We need the same energy and activity from everyone. (...) We had a good budget execution, we managed to fall within the deficit targets," stated Ciuca.According to him, the Government managed to achieve an economic growth "that no one had predicted at the beginning of the year, especially after the outbreak of the war in Ukraine and after the effects produced by the increase in energy and gas prices and the inflation"."There were moments that we managed together, moments for which we found solutions and solved them one by one, but, at the same time, we also managed to design decisions that produce effects over time, which is why it is important to emphasize that we are committed to ensuring the absorption of European funds and all three lines of European financing total approximately 90 billion euros. (...) We managed to fall within the amount that we set as an objective, namely for at least 10 billion to be absorbed per year," explained the prime minister.He recalled that last year Romania undertook to provide the largest amount for investments. "We managed to secure this amount and to spend this money. Although delayed by the increase in the price of construction materials, we finally managed to fit into an absorption process of probably more than 70 percent. We are waiting for the month end figures and we will also announce the nominal value of investment expenditures," added Ciuca.
Pulitzer Prize winner Junot Díaz, Tracy Chevalier, the author of the international best seller Girl with a Pearl Earring, and French author Michel Bussi, known for his widely translated thriller novels, are among the authors set to attend this year’s Iași International Literature and Translation Festival (FILIT), the largest literary festival in the country. They […]
Bucharest is about to welcome a culinary moment like no other. This September, the JW Marriott Bucharest Grand Hotel will host Michelin-starred Chef Theodor Falser - a name synonymous with nature-inspired haute cuisine - for three exclusive evenings that promise to delight the senses and tell stories through food. The Chef Who Cooks Nature Theodor […]
The International Monetary Fund (IMF) has endorsed Romania’s latest fiscal measures, forecasting that the economy will grow by 1% in 2025 and 1.4% in 2026, the government said Friday, September 12, after talks with a visiting IMF delegation. The delegation, led by Joong Shik Kang, met prime minister Ilie Bolojan in Bucharest to discuss the […]
The George Ciprian Theater in Buzău has unveiled “E-Waste E-Motion,” the first performance in Romania in which all characters are played by small autonomous robots, blending art, technology, and sustainability in an experimental theatrical project. “E-Waste E-Motion” is part of a broader artistic research initiative supported by the National University of Theatre and Film (UNATC) […]
With extensive experience in the luxury hospitality sector, gained as General Manager of Sofitel Legend The Grand Amsterdam and Hotel Okura Amsterdam (LHW), as well as in various Director of Operations and Business Development roles, Ms. Emmy Stoel is a seasoned professional whose career reflects a deep passion for excellence in guest service, having successfully […]
Update: The woman made her first statements on Friday afternoon after being questioned. According to Digi24, she told journalists outside a police station in Bucharest that the items were family heirlooms from the Soviet era, and that she...
