Albania can learn from Romania's experience in terms of the accession process, but especially of the post-accession process, which has shown that bureaucracy and corruption are the biggest obstacles in attracting European funds, said Mihai Daraban, president of the Chamber of Commerce and Industry of Romania (CCIR), on Monday, after a meeting with the new ambassador of the Republic of Albania to Romania, Enkeleda Merkuri, aimed at boosting bilateral economic relations."The diplomatic relationship between Romania and Albania goes back more than 110 years old, with the national anthem of Albania whose music is composed by Ciprian Porumbescu bearing witness of the friendship between the two countries. Albania can learn from Romania's experience in the accession process [to the EU, editor's note], but especially from the post-accession process which, unfortunately, has shown us that bureaucracy and corruption are the biggest obstacles in attracting European funds," said the president of the CCIR, quoted in a press release sent to AGERPRES on Monday.The ambassador of the Republic of Albania to Romania conveyed, in her turn, that Romania is a partner of good practice in the process of Albania's accession to the European Union."For Albania, your country is a partner of good practice in the EU accession process in which we are involved, and the CCIR can play a decisive role in providing advice on the economic component. There are joint projects in which the business communities of the two countries can be involved, energy being an area of strategic importance for Albania," said the ambassador of the Republic of Albania to Romania, Enkeleda Merkuri.
The Atlantic Council will honor Romanian president Klaus Iohannis with the Distinguished International Leadership Award for his remarkable career, exemplary leadership of Romania, and his transatlantic and European leadership role. The Atlantic Council’s Distinguished Leadership Awards are often referred to by media as “the Washington Oscars.” Among the honorees are a European head of state, […]
The colorful rapeseed fields in the southern part of Romania have been photographed by NASA from a satellite and featured in an accompanying article titled “Golden Fields in Romania.” The spectacular images were taken last month above the area where the Olt River intersects with the Danube. According to the article, NASA personnel were impressed […]
UiPath, an AI-based company founded by Romanian entrepreneurs and listed on the New York Stock Exchange in 2021, has recruited Raghu Malpani as Chief Technology Officer. Malpani, who was Corporate Vice President at Microsoft for the Microsoft 365 Application and Data Platform will report to the Director of Innovation and the Executive President of UiPath, […]
Production and new orders rise after nine straight months of decline Business confidence picks up, while hiring is back on the agenda Cost inflation eases and selling prices rise only fractionally An improvement in the health of the Romanian manufacturing sector was signalled for the first time in the survey's history, according to the latest […]
Raiffeisen Bank Romania continues its growth strategy in personal financial planning, up 50% in the first quarter of the year in the segment of investment plans, voluntary pensions and life insurance with a savings component. At the same time, it continued to support SMEs and accelerated investments to launch new functionalities in the mobile banking […]
Road crews have begun snow removal on Romania’s spectacular mountain road known as Transfăgărășan. Since there is less snow than in other years, the road could be opened much earlier than the usual date of July 1, according to authorities. Transfăgărășan, Romania’s second-highest road after Transalpina, is being cleared of snow so it can be […]
