Austrian Chancellor Karl Nehammer stated that Austria opposes the accession of Bulgaria and Romania to the Schengen area. He made this statement during the EU-Western Balkans summit in Tirana, https://www.novinite.com/ reports. "The Minister of the Interior made it clear. There is no approval from Austria for the enlargement with Bulgaria and Romania. More time is needed. We have 75,000 unregistered illegal immigrants in Austria. This means that they have crossed the external border of the European Union and ended up in a landlocked country like Austria. We have to answer these security questions first," Nehammer said. The migration issues that Austria is facing are not imputable to Romania, Internal Affairs Minister Lucian Bode said in response to Austria saying it opposes Romania joining the passport-free Schengen area due to the many migrants that pass through the country, euractiv.com reads. “Categorically, Romania should not be undeservedly and unjustifiably punished,” Bode wrote in a Facebook post. Migration flows do not pass Romania and Romania is not the generator of this flow, the minister added, in reply to reports that Austria is the sole obstacle on Romania’s path to Schengen. “Without a doubt, Romania meets all the technical conditions for joining the Schengen area,” said Bode, adding that he discussed with his Austrian counterpart, Gerhard Karner, the matter of Schengen expansion and European migration data. Meanwhile, Austrian Chancellor Karl Nehammer reiterated Vienna’s opposition to Romania and Bulgaria joining the Schengen Area. “More time is needed… there are still many requests from Austria’s part,” the chancellor said on Tuesday, just before the EU-Western Balkan summit in Tirana. According to Austria, more than 75,000 immigrants reach its territory, including through Romania and Bulgaria. Bucharest, however, denies that a large number of migrants have passed its borders. The decision on the extension of the Schengen area will be taken at the meeting of the Council of Ministers of Justice and Home Affairs of the EU on Thursday and Friday.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
