The Ministries of Energy in Bulgaria and Romania are working on a general framework for joint energy projects, State Secretary in the Bulgarian Ministry of Energy Nikolai Nikolov said n Bucharest, reports BTA. “We cooperate very well with Romania. In the last six months, we have worked hard with our Romanian colleagues to set up a general framework for projects,” said Nikolai Nikolov, quoted by Agerpres. The Bulgarian official added that he has confidence in the potential of offshore wind energy projects combined with the potential of the Black Sea. “We can make the region even more attractive for investors,” said Nikolov. He appreciated that it is the task of national governments to create a favorable environment for investments. “Two weeks ago we introduced a law in Bulgaria regarding the development of wind energy. Now the law is in Parliament and we believe it will pass. But we also need to work with public opinion, because we hear voices that it will affect tourism in Bulgaria . People are worried that this will affect tourism potential. Fishermen say that their catches will decrease. NGOs are worried that this will reduce biodiversity in the Black Sea. This is a new area for our region, for Bulgaria and Romania. We have to we are doing our homework,” the state secretary emphasized. At the end of his intervention, Nikolai Nikolov expressed his hope that the Black Sea can become a regional energy hub.
The fund Cultura Face Bine, a national funding mechanism for cultural projects backed by private-sector financing, will begin supporting local cultural organizations in 2026. The fund aims to support grassroots cultural initiatives with a proven impact in their communities and which need resources to continue, develop, or transform their activities. The funding mechanism has been […]
The European Commission (EC) announced on Thursday, December 11, that it is referring Romania to the Court of Justice of the European Union (CJEU) for failing to meet obligations under Ambient Air Quality Directives. According to the Commission, Romania has not ensured that its national air quality monitoring network complies with legally required standards on […]
The Bucharest Court of Appeal (CAB) held an unprecedented press conference on Thursday, December 11, in response to allegations raised in a recent media investigation published by Recorder, with court president Liana Arsenie firmly rejecting the claims. However, at the start of the press event, a judge from within the institution publicly stated that the […]
Romania’s Superior Council of Magistracy (CSM) issued its first response to the Recorder documentary alleging systemic manipulation within the justice system, calling the investigation an amplification of a “campaign to destabilize judicial authority.” The council said on Thursday, December 11, that it will evaluate what measures need to be taken following the report. In a […]
MedLife, Romania’s largest private medical services network, announced on Wednesday, December 10, that it reached a market capitalization of EUR 1 billion on the Bucharest Stock Exchange (BVB). The milestone secures its position as “the most valuable healthcare company” in the country. The achievement came nine years after MedLife’s listing on BVB in December 2016, […]