EximBank and the Agency for Rural Investment Financing (AFIR) signed a collaboration accord to support – by financing eligible companies- the acceleration of the absorption of European funds allocated through the Rural Development National Program (PNDR) over 2021-2022. “We are offering an extensive range of products adapted to the specific and demands of PNDR program, so that eligible end users can access: grant pre - financing credits, credits for co-financing contributions to eligible and not eligible expenses or bank warranty letters to return down payment, “said Traian Halalai, executive president of EximBank, in a press release. In his turn, Mihai Moraru, the general director of AFIR, says this collaboration accord will concretely support PNDR beneficiaries to obtain advantageous credits. EximBank is a specialized institution which is actively involved in supporting and promoting the Romanian business environment. Its financial instruments are devoted exclusively to the corporate segment and can be accessed in advantageous conditions by any type of commercial company, either IMM or a large company, carried out international transactions, or addresses, or addresses the domestic market. AFIR is meant to technically implement the technical and financial PNDR 2020. Until the present, 67828 farms,processors, entrepreneurs and public authorities that concluded financing contracts with AFIR to receive European grants through PNDR 2020. The value of payments made by AFIR, until the present day, to beneficiaries of the program amounts to 7.65 billion euros, which represents a degree of effective absorption of allocated funds of 81.24%. For the transition period of 2021-2022, AFIR has at its disposal funds for agriculture and rural development of 3.28 billion euros.
The Minister of Economy, Radu Miruta is taking over the interim position at the Ministry of National Defense, after the decree appointing him to this position was published in the Official Gazette of Romania on Friday evening.The decree noting the resignation of Ionut Mosteanu, Deputy Prime Minister, Minister of National Defense, was also published in […]
The joint plenary session of the Chamber of Deputies and the Senate in which the Government is to pledge responsibility for the draft law on magistrates' pensions will take place on Tuesday afternoon.The joint standing bureaus of Parliament decided on Friday that the joint plenary session dedicated to pledging responsibility for the Government's draft law […]
Romania is risking a penalty from the European Commission for failing to meet the National Recovery and Resilience Plan (PNRR) milestone regarding the appointments in state-owned companies, but it is not in a situation of fully missing the target, Government Spokesperson Ioana Dogioiu said on Thursday."The Agency for the Monitoring and Evaluation of the […]
The Bulgarian Council of Ministers approved a Memorandum and Plan of Action among the governments of Bulgaria, Greece and Romania, www.actualno.com informs. In this document, the three countries engage in coordinated actions to ensure the future connection between the Aegean Sea, Black Sea and the Danube by joint road and railway projects. The […]
Romania's population is going through a sharp aging process, similar to the global trend, given that, in July 2025, the number of people over 65 exceeded the number of children under 14 by 35.4%, according to data from an insurance company.The demographic aging index increased from 126.8 (as of January 1, 2024) to 132.4 (as […]
The Bucharest City Hall will start the winter holidays on Saturday, with the opening of the Christmas Market in Constitution Square.Also on Saturday, the winter season lights will be turned on and the Bucharest Downtown Christmas Market in University Square will begin, according to a press release sent on Wednesday by the Bucharest Municipality.Thus, on […]
