The European Commission welcomes the signing of the Memorandum of Understanding between the Government of Romania and the Government of Ukraine which will further contribute to increasing the capacity of the solidarity corridors, especially considering the damage suffered by the transport infrastructure in Ukraine following the aggression by Russia, reads a European Commission's release.Romania has an essential role in the functioning of the solidarity corridors and collaborates constructively with all the parties involved, including through the EU-Ukraine Solidarity Corridors Joint Coordination Platform. The Commission encourages this close cooperation between EU Member States and Ukraine.The Commission continues to support the implementation of the EU-Ukraine solidarity corridors and the Ukrainian action plan on the export of Ukrainian grains, in particular by facilitating cross-border links and transport operations.The improvement of the border crossing between Ukraine and Romania, foreseen by this memorandum, will not only serve Ukraine's immediate import and export needs, but will anchor it firmly in the EU transport space. Funding is already available from the EU budget, the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD), while the upcoming Ukraine Facility will further contribute to the reconstruction and development of Ukraine's transport infrastructure and its connections with the EU.Prime Minister Marcel Ciolacu and his Ukrainian counterpart, Denys Shmyhal, signed on Wednesday, at the end of the joint meeting of the executives of the two countries, held in Kyiv, a memorandum on "ensuring the safe transit of Ukrainian products and a strategy on the development of border crossing points Ukraine - Romania and related road infrastructure".
President Nicusor Dan signed on Thursday the decree appointing Prime Minister Ilie Bolojan as interim Vice Prime Minister on the areas coordinated by Dragos Anastasiu, the Presidential Administration informed.On 27 July, Dragos Anastasiu announced he was stepping down from the vice prime minister office, mentioning that he could no longer accept "being denigrated and thus […]
Prime Minister Ilie Bolojan continued consultations on Thursday with representatives of the Association of Communes of Romania, telling them there is a strong chance to overcome the current difficult period if the approach of "responsibility toward public funds" is maintained."The reform of local public administration will be part of the second package of government measures […]
Financing the National Recovery and Resilience Plan (PNRR) projects will continue for those already initiated and will stop only in case investment has not begun, where not a single euro was spent for construction, Development minister Cseke Attila explained on Thursday. “PNRR will not stop, neither will financing investments which have already been initiated, […]
The Justice Ministry announced on Thursday having developed in cooperation with the Finance Ministry and the National Tax Administration Agency a set of proposals to amend the Insolvency Law, which will be included in the second reform package.Some of the amendments provide for a higher recovery rate of the taxes and fees owed by insolvent […]
Romania is in the antechamber of recession, with the risk that its economy will decline in the third or fourth quarter, especially amid an increase in taxes, a significant drop in sales and record inflation at European level, says business consultant Adrian Negrescu."We are currently in the antechamber of recession. It is a moment […]
The Ministry of Culture announced on Thursday that is set to adapt national legislation for enforcing the European Media Freedom Act (EMFA), which supports media pluralism, editorial responsibility, protects journalists from abusive surveillance and intimidation, and provides protection for sources.According to a Culture Ministry release, the implementation in Romania of Regulation (EU) 2024/1083 of the […]
