NATO Deputy Secretary General, Mircea Geoana, says that the Alliance does not see “a risk to Romania’s security”. The statement comes after the head of the Army, General Gheorghita Vlad, said that the population of Romania “should be worried” and that Romanians should be trained and prepared în case of war. “I know there’s a pretty big conversation at home as well about what our military leaders are saying and what we political leaders are saying. Let’s be extremely clear: our military leaders are paid and their job is to prepare for the worst possible scenario. Our obligation, as political leaders, is to avoid these scenarios from happening”, said Geoana, after the meeting of national security advisors from NATO member countries. “So we do not see a risk to the security of Romania or the allied countries. Instead, we see the need to invest more in what means military robustness, economic resilience and, in general, a society capable of facing shocks that are not necessarily military, but can come from many other directions”, he said. General Gheorghita Vlad’s statements, made a week ago, caused controversy in Romania. He said that the law on preparing the population for defense should be amended so that Romanians are trained and prepared in case of a war. “The Russian Federation has become a problem for world order, for democracy. In fact, it is a war of Russia with the democratic world. It is not a war with Ukraine. Yes, the population of Romania, like the entire population of the European Union, of Europe, must be worried and we must adopt the appropriate measures to be prepared”, said the general. His message is similar to recent calls by the Swedish Minister of Civil Defense or the head of the NATO Military Committee, who warned of the need to prepare the civilian population in case of war. Romanian PM Marcel Ciolacu reacted, saying that Romania has no risk of being engaged in a war. “Romania has never been safer from this point of view than today. The fact that we are part of NATO is a very important thing, and you can see the deployment of forces and soldiers from all over Europe and, especially, from the USA, and the Air Police are on Romania’s territory. So, let’s be calm that Romania will not enter into any war”, said the prime minister.
Ruling on the draft law on the disbursement of privately-managed pensions, namely 2nd and 3rd Pillars, inked by the Financial Supervisory Authority (ASF), promoted by the Romanian government and approved with amendments by the Parliament, the Constitutional Court (CCR) concluded that the capping the single payment granted before the start of the monthly payments to […]
The revised bill that bans the cumulation of the public pension of a special (non-contributive) nature with a wage paid in the budgetary sector, currently available for public debate, will be amended so as to restrict the exceptions provisioned in the original form, labor minister Florin Manole said, according to
The Romanian business community reiterated its firm call to decision-makers to eliminate the minimum turnover tax (IMCA), in view of the discussions on the construction of the state budget for 2026, according to a statement signed by more than 100 employers' federations, business associations, and chambers of commerce in Romania. The Romanian government will address […]
Romanian president Nicusor Dan reiterated in a speech at the 2025 Digital Governance Summit organised by Edge Institute at Cotroceni Palace and published on the Presidency's webpage, thus making it somewhat official, an invitation addressed to the "private community" to draft regulations and sectoral policies that the state is unfortunately unable to design, such as […]
Premier Energy Group (BVB: PE), a leading vertically integrated utility company in Southeastern Europe listed on the Bucharest Stock Exchange, reported its normalized revenue grew 40% y/y to EUR 1.17 billion, while normalized EBITDA rose by 36% y/y to EUR 94 million in the first nine months of 2025. On a reported IFRS basis, revenue […]
Autonom Services, a mobility services company with bonds listed at the Bucharest Exchange, has entered into a credit facility agreement with a total value of EUR 300 million, with an option to subsequently increase the facility by up to EUR 50 million. The financing was attracted from a syndicate of banks that included Banca Transilvania, […]
