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.
In Romania, Christmas is more than holiday markets, decorated trees, and wrapped gifts. It's a season filled with old customs, lively rituals, and dishes that bring families together. One of the most popular Christmas traditions is caroling. Although traditions vary depending on the area, the ritual of going from house to house and singing carols […]
President Nicușor Dan said the “rule of law is not negotiable” and stressed that serious problems affecting the justice system can be resolved, as public concern grows following allegations of corruption highlighted in a recent investigative documentary by Recorder titled “Captured Judiciary.” People
Romanian authorities have reportedly confirmed an increase in “super flu” cases in December after the virus caused unprecedented problems in other European countries. In total, over 3,000 flu cases were reported in Romania in just the first week of December, double the number recorded in the previous week (1,504), Euronews Romania reported. The virus is […]
This autumn, a mature linden tree on the campus of the British School of Bucharest (BSB) was relocated to a new position within the school grounds to make space for the development of new sports facilities. The operation, supervised by two UK specialists from Ruskins Trees & Soil Biology Ltd, represents the first such relocation […]
Romania continues to record the largest value-added tax gap in the European Union, losing around one-third of both VAT and corporate tax revenues, according to an analysis by PwC Romania based on the VAT Gap in Europe report by the European Union. The country has held the top position in VAT non-collection for the past […]
Romanian companies recorded higher profitability than peers in Bulgaria, the Czech Republic, Hungary, and Poland across nine economic sectors, positioning Romania among the most attractive regional markets for investors in selected industries, Ziarul Financiar reported, citing a joint study by the Bucharest...
