The Bulgarian vice-minister of transport and communications, Nikolai Naidenov and the first collaborator with the Romanian Embassy to Bulgaria, Bogdan Tebrean reached an agreement on easing cross-border traffic, announced on Thursday the Bulgarian ministry, quoted by BTA.The officials discussed ways to facilitate the crossing through the Bulgarian-Romanian border crossing points, especially in the summer, analyzed the technical state of the infrastructure and considered setting up a ferry service between Ruse and Giurgiu. The meeting took place at the initiative of Minister of Transport and Communications Nikolai Sabev. Naidenov proposed that only the Bulgarian party get border control for the future ferry line Ruse-Giurgiu, so that the service be launched immediately.Tebrean attributed bottlenecks in cross-border traffic to a 250% increase in heavy truck traffic compared to last year and a stricter control of migrants.Discussing about the construction of several bridges between Bulgaria and Romania to cross the Danube, Naidenov said that this is an option to minimize the concentration of trucks at cross-border points. He reiterated the Bulgarian opinion that feasibility studies for new bridges should be made simultaneously in five localities.At present, the Bulgarian and Romanian Danube banks are connected through two bridges and three ferry lines.
Romania has signed a major contract with France for the acquisition of Mistral portable short-range air defense missile systems. The agreement was concluded on Tuesday, November 25, between Romania’s Ministry of National Defense and France’s Ministry of the Armed Forces and Veterans, through their respective General Directorates for Armaments. The acquisition is valued at EUR […]
The European Parliament called on November 26 for EU-wide rules to strengthen the protection of minors online, recommending a minimum age of sixteen for accessing social networks, video-sharing platforms, and AI chatbots, according to a statement from the institution,
The government of Romania will be empowered to establish, ex officio or upon request, by Government Decision, an extended surveillance regime over local companies strongly affected by economic sanctions imposed by other states, according to the legislative project prepared by the government, given that the situation of the assets held by the Russian giant Lukoil […]
The European Commission (EC) will reportedly give Romania four more months to appoint permanent management under competitive procedures at 48 state-owned enterprises (SOEs) in the energy sector, after the Romanian government agreed to double the fine paid by the country and the penalties charged to those responsible (ministers) if the milestone set under the Resilience […]
The Romanian banks boasted in 2025 virtually the same record aggregated net profit as in 2024, namely RON 11.6 billion (EUR 2.3 billion, -0.6% y/y) in January-September and RON 6.2 billion (EUR 828 million, -0.3% y/y) in Q3 alone, according to data published by the National Bank of Romania. The non-performing loan (NPL) ratio has […]
The Romanian Parliament approved the National Defense Strategy on Wednesday, November 26, with 314 votes in favor, 43 against, and three abstentions, following a joint session attended by president Nicușor Dan. The document will guide national security policy for the 2025-2030 period. During the parliamentary debate, Ana Maria Gavrilă, leader of the opposition party POT, […]
