The European Commission has decided last week to make available over €65 million from the Asylum Migration and Integration Fund (AMIF) to support Bulgaria, Czechia, Poland, and Romania in hosting people fleeing the Russian aggression against Ukraine. This decision follows a targeted call for financing of the projects aiming to alleviate the pressure on the reception capacity of these Member States and to help them ensure that beneficiaries of temporary protection receive the necessary support, services and assistance. The European Union is currently hosting more than 4.1 million people benefiting from temporary protection, which was triggered for the first time shortly after the Russian invasion of Ukraine, and in September this year further extended until March 2025. The Commission continues to take measures to support people fleeing Ukraine and Member States hosting them. Bulgaria, Czechia, Poland, and Romania can now use this additional funding from the EU budget to help beneficiaries of temporary protection move out of collective accommodation towards private housing, by supporting them financially during the transition period, with language and vocational training, as well with as access to social and health services. Member States agencies, civil society organisations and international organisations can start implementing their projects already as of today. The funding will be subject to the respective monitoring and control systems of the EU financial framework.
Salt Bank, the first 100% digital Romanian bank built entirely from scratch, has been named by Celent as the 2025 Model Bank for Digital Bank Launch. Celent is one of the world’s most prestigious research and advisory firms focused on technology for financial institutions. By receiving the title of "2025 Model Bank for Digital Bank […]
The 8th edition of the national educational program “Healthy Lifestyle, Diverse Nutrition and an Eco-Responsible Attitude” under the motto “Good for Taste, Good for Health, Good for the Planet!” has concluded. The program was organized by the Taste Celebration Association and funded by the Auchan Foundation with 100,000 euros. The program aims to convey to […]
Romania's budget deficit, meaning the gap between revenues and expenditures, reached 3.39% of GDP after the first five months of the year, while the new government grapples with balancing initiatives. The deficit increased compared to the first four months, when it stood at 2.95% of GDP, and remained roughly stable compared to the first five […]
eLog, a Balkan-based provider of reusable transport packaging systems for the retail sector, has entered the Romanian market by leasing 4,000 sqm of warehouse and office space at CTPark Bucharest North. The facility, developed by CTP, will serve as eLog’s first operational hub in Romania, supporting its expansion into local retail logistics. Specializing in Retail […]
More than three-quarters of Romanians (76%) see Artificial Intelligence as an opportunity for the economy and society, although half of them also acknowledge its risks, according to a new RoCoach and Novel Research study. Overall, over one-third of respondents (35.7%) believe that AI will primarily lead to job losses, even if new types of roles […]
Prosecutors with Romania's General Prosecutor's Office have formally changed the legal status of former presidential candidate Călin Georgescu from suspect to defendant, judicial sources told Agerpres on Friday, June 27. The decision comes after Georgescu quoted Corneliu Zelea Codreanu, the leader of...
