The defence ministers from the states member of the Bucharest Format [or Bucharest Nine or B9] will meet in Bucharest in September, according to a decision approved on Wednesday by the Government."There are 55 participants invited to the meeting, dignitaries from the member states, plus ambassadors and defense attaches accredited to Bucharest from the same states, and officials representing national defence authorities, totaling around 100 persons," reads a press release by the Executive.The B9 meetings take place periodically at head of state, foreign affairs and defence minister level as "opportunities for harmonisation" of the national standpoints of the members states on items included with the agenda of the NATO summits and meetings."Launched at the initiative of Romania and Poland in 2015, the Bucharest 9 (B0) format offers a platform for strengthening dialogue and cooperation between Allies on the Eastern Flank of NATO: Bulgaria, the Czech Republic, Estonia, Latvia, Lithuania, Poland, Romania, the Slovak Republic and Hungary, with a view to shaping the specific contribution of these states to the ongoing processes at the level of the North Atlantic Alliance, based on their experience and expertise and on their common security interests," mentioned the same source.
Romania’s modern retail market has surpassed 5 million square metres of leasable space for the first time, following the delivery of roughly 190,000 sqm in 2025, according to new data released by Colliers. Despite the milestone, consultants noted that Romania still trails regional peers in retail space per capita, signalling strong potential for further development. […]
Environment minister Diana Buzoianu said during an interview on Thursday, December 4, that she will not resign following the interruption of the drinking water supply in several localities in Prahova and Dâmboviţa counties, which has been affecting over 100,000 people, as well as hospitals and schools. She argued that the ministry she heads bears no […]
Romanians are preparing to spend more this Christmas compared with last year, according to a new Raiffeisen Bank study conducted in partnership with research platform Appinio. The survey showed that 65% of respondents expect higher holiday expenses in 2025, while 26% anticipate spending similar amounts to 2024. Half of those surveyed allocate between 25% and […]
Romania’s Electric Castle was named ‘International Festival of the Year’ at the 20th edition of the UK Festival Awards. The Romanian event triumphed over major international contenders, including Afro Nation (Portugal), Beyond The Valley (Australia), Open’er Festival (Poland), Sziget Festival (Hungary), and Way Out West (Sweden),
President Nicuşor Dan, on December 4, returned to Parliament amendments tightening Romania’s law against extremism, arguing that several provisions are vague and risk enabling abuses, according to a statement released by the Presidency. The Constitutional Court had previously upheld the amendments after the Presidency challenged them, prompting criticism from organisations within the Jewish community. By […]
Fitch Ratings on December 4 affirmed the long-term Issuer Default Rating (IDR) for Romania's largest lender, Banca Transilvania (BVB: TlV), at BBB- with a negative outlook, in line with the country's sovereign rating. The price of the bank's shares rose 1.2% on the day the rating agency announced its decision, bringing the bank's market capitalisation […]
