* Today, 18 May, the Commission decided to make EUR 248 million available to Romania and 4 other Member States that were most affected at the beginning of the war and host a large number of refugees. Today, 18 May, the Commission decided to make EUR 248 million available to 5 Member States most affected at the beginning of the war and hosting large numbers of refugees to support their reception and border management systems. The decision follows the global fundraising event on 9 April entitled ‘Support Ukraine’, where the Commission committed to support up to EUR 400 million of refugees arriving from Ukraine to the most affected Member States. Poland, Romania, Hungary, Slovakia and the Czech Republic will receive this emergency assistance from home affairs funds. Member States can use these funds to provide immediate assistance, e.g. food, transport and temporary accommodation, to people fleeing the unprovoked invasion of Ukraine by Russia and to increase their capacity to manage the EU’s external borders. Civil society organisations and local and regional authorities also play a key role in providing assistance and therefore Member States will have to ensure that they also have access to this urgent funding. In order to ensure that payments are made quickly, without considerable administrative burden, the Commission will release the funds on the basis of the results achieved rather than the actual costs. To further support initial reception needs as they evolve, the Commission will make available the remaining EUR 152 million once the budgetary authority has agreed.
Agra Asigurări, the national leader in agricultural insurance, announces record claims in the first 6 months of this year. As of June 20, 2025, more than 3,300 damage notices have been registered due to extreme weather events nationwide, marking an increase of nearly 50% compared to the entire period of 2024. In total, amid the […]
In a significant recognition of Romania's financial market progress, MSCI, one of the major global index providers, has upgraded Romania's capital market classification to an Advanced Frontier Market. The decision follows MSCI's 2025 Global Market Accessibility Review published earlier this month and represents...
From music festivals to cultural happenings and outdoor activities, here are some of the events scheduled to take place in the capital this summer. Tom Jones concert June 26 After a sold-out concert two years ago, Tom Jones returns to Bucharest with an event that is part of the Defy Explanation tour. It will be […]
The "Vară Magică" (Magical Summer) International Festival returns to the Romanian Athenaeum in Bucharest with eight evenings of classical music, taking place from July 2 to August 13 every Wednesday. Now in its 14th edition, the festival continues its artistic direction in 2025 with the theme "Masters and Masterpieces," meant to signal a musical journey […]
The Romanian Chamber of Deputies adopted a draft law establishing the year 2026 as the "Constantin Brâncuși Year” to celebrate the famous sculptor. The law, initiated by former culture minister and Social Democratic deputy Natalia Intotero, passed with a large majority, with 275 votes in favor and one vote against. Next year also marks the […]
Romanian president Nicușor Dan met with UK prime minister Keir Starmer on Wednesday morning, June 25, on the sidelines of the NATO summit in The Hague. The meeting brought together Romania’s full official delegation, including presidential security advisor Cristian Diaconescu, newly appointed foreign minister Oana Țoiu, defence minister Ionuț Moșteanu, and Romania’s permanent representative to […]
