Leaders of Hungary, Romania, Georgia and Azerbaijan plan to meet in Romania's capital on Saturday to conclude an agreement on an underwater electric interconnector that could become a new source of energy for the European Union.The agreement calls for laying a cable under the Black Sea that would connect Azerbaijan to Hungary via Georgia and Romania, Hungarian Prime Minister Bertalan Havasi's press attaché said.Havasi confirmed to the Associated Press that Orban intends to travel to Bucharest on Saturday to sign the agreement.Hungary's MTI news agency reported that Orban, Romanian President Klaus Iohannis, Georgian Prime Minister Irakli Garibashvili and Azerbaijani President Ilham Aliyev will attend the signing ceremony along with European Commission President Ursula von der Leyen.Hungarian Foreign Minister Peter Szijjarto said in August that Azerbaijan will soon produce "large amounts of green electricity," and Hungary will sign up for the interconnector project because two EU member states are required to obtain funding from the bloc.Szijjarto said the project could be completed within three to four years and would be an important step toward diversifying energy supplies and achieving carbon neutrality goals.
The 2025 edition of the year’s first major film fest in Europe (and one of the biggest worldwide), the Berlin International Film Festival, took place between 13 and 23 February. My notes come with a bit of delay, as I was also hit by the festival flu that got so many of us sniffling and […]
In the absence of current negative influences, Romania’s economy could have an annual growth potential of 3-4%. Political instability and global geopolitical risks are dampening growth. Economic growth in 2024 was driven by wage increases and accelerating consumption, satisfied however largely through imports. Due to a decline in domestic economic competitiveness, net exports contributed negatively […]
The Bucharest Stock Exchange (BVB) announced on Thursday, March 13, the launch of a new financial education section on the BVB Research Hub platform, dedicated to retail investors. The capital market operator said that it started this project out of the need to increase the level of financial education and promote the investment culture. It […]
The Romanian governing coalition's presidential candidate, Crin Antonescu, announced on Thursday, March 13, that he is launching a podcast designed to popularize his candidacy before the May elections. Antonescu, who is backed by the alliance made up of the Liberals (PNL), Social Democrats (PSD), the Democratic Alliance of Hungarians (UDMR), and the minorities, stated that he will […]
Some 4,500 teachers will learn about rights and responsibilities online, accessibility, inclusion, online well-being, and ethics as part of Incubatorul Civic Digital (ICD - The Civic Digital Incubator), a digital citizenship and democratic culture project implemented by Institutul Intercultural Timișoara, Asociația TechSoup and Școala de Valori. The project, which offers free training, is aimed at […]
Mihaela Murariu, Attorney at Law at Grecu Partners Business Law Firm, analyzes the impact of Artificial Intelligence on personal data protection. Artificial intelligence (AI) has become a ubiquitous technology, used in more and more fields, from marketing and healthcare to recruitment and financial services. However, the widespread use of AI raises numerous questions about privacy […]
