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Commissioner Cretu: Romania risks losing 2.6 bln in EU funding for 2007 – 2013 programming period

May 20, 2016

Romania risks losing over 2.6 billion euros in EU funding for the 2007 – 2013 programming period, European Commissioner for Regional Policy Corina Cretu said on Friday. “I think significant efforts have been made in recent years, the 2015 absorption rate is somewhere around 75 percent. We avoided any decommitment of funds. So basically all […]

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Romania featured in Bloomberg article as “suddenly cool” destination for luxury travelers

An article recently published by US financial magazine Bloomberg highlights Romania as a potential destination for high-end travelers.  The article begins by noting that the country recently joined the Schengen Area, meaning that European Union citizens traveling there by air or sea will not need a passport. ...

Romanian Tudor Giurgiu’s latest film Libertate promoted in New York, Atlanta and Los Angeles

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Nine Romanian citizens and their families extracted from Gaza

The Romanian Ministry of Foreign Affairs (MAE) announced on May 1 that, following the efforts of the Interinstitutional Crisis Cell through the Romanian Embassy in Cairo and the Romanian Representative Office in Ramallah, nine Romanian citizens and their family members were evacuated from Gaza Strip and reached the territory of Egypt through the Rafah border […]

Increasingly more senior members of Romania's far-right AUR leave the party

Over the past three months, dozens of members and heads of regional organizations or even party candidates have left the far-right party AUR, accusing its authoritarian leadership, G4media.ro reported. Other...

Clotilde Armand leads in poll for mayor seat in Bucharest’s District 1

Clotilde Armand, the candidate of the United Right Alliance (ADU) for the mayor seat in Bucharest’s District 1 and the district’s incumbent mayor, is rated at 37.3% of the votes, according to an IPSOS survey carried out for Clotilde Armand. Armand is followed by the candidate of the ruling coalition formed by Social Democrats and […]

Romanian president promulgates Wind Offshore Law, details to be set by June 2025

The law that regulates investment in offshore wind energy projects will enter into force on May 30, after the bill was promulgated by the president of Romania, Klaus Iohannis, the Ministry of Energy announced on April 30. However, the key details, including the royalties, will be set and approved by the government by mid-2025. “Romania […]