Tuesday, 7 December, Bulgaria and Romania’s strategic plans under the Common Agricultural Policy (CAP), amounting to EUR 5.6 billion and EUR 14.9 billion respectively, were approved by the Commission. Of the total EU budget for these two countries, more than EUR 5.6 billion will be dedicated to meeting environmental and climate objectives and eco-schemes and EUR 436 million to young farmers. Income support occupies an important place in Bulgaria’s plan to bridge the gap between farmers’ incomes and those of workers in other sectors. More than EUR 600 million will be dedicated to supporting the difficult meat, dairy and fruit and vegetables sectors. As regards environmental actions, the plan will ensure that more than 80 % of arable land has minimal soil cover during sensitive periods in order to improve soil quality. The plan will also support the creation of more than 9,000 jobs and 650 infrastructure investments in rural areas. Romania’s plan aims to improve farmers’ livelihoods and competitiveness. In addition to income support, around EUR 1.1 billion will be allocated to investments in farms and processing plants. Romania uses 41 % of its rural development budget to encourage ecological practices in high nature value areas in order to protect biodiversity. It is expected that 611 000 hectares of land will be subject to such practices. In order to maintain the attractiveness of rural areas in Romania, the plan will support the creation of more than 12,000 jobs in these areas, with funding for businesses and infrastructure. The new Common Agricultural Policy(CAP), due to start on 1 January 2023, is designed to shape the transition to a sustainable, resilient and modern European agricultural sector. The CAP will receive EUR 270 billion in funding for the period 2023-2027.
Romanian president Klaus Iohannis was on a visit to Berlin from November 15 to 18 to signal the strong ties between Romania and Germany with a speech in the German Bundestag. He also met German chancellor Olaf Scholz and president Frank-Walter Steinmeier. During his speech, the Romanian president said that the friendship between the two […]
In a rapidly digitalizing world, companies face numerous challenges in managing documents and data efficiently. Andrei Negulescu, Strategic Digitalisation Manager at Matricia Solutions, shares unique insights into how his firm helps businesses navigate the complex journey of digital transformation. In today’s world, every business talks about digital transformation, but few know how to make it […]
The Bucharest National Airports Company, which operates the two main airports of the capital, wants to purchase 450 benches for passengers in the boarding gate area of the Henri Coandă International Airport, better known as the Otopeni Airport. According to the announcement, CNAB will purchase 250 three-seat benches and 200 four-seat benches. The contract is […]
Dorin Bob, a Romanian businessman, invested in a project called Pădurea cu Aluni (The Hazelnut Grove), aiming to become the hazelnut supplier for global brand Ferrero. The Transylvanian businessman, who owns the Arovit canned goods brand, currently operates a 460-hectare hazelnut plot in Homoroade, Satu Mare County. He recently acquired a new 211-hectare plot in the […]
The total number of recipients of social benefits for retired persons was, in October 2024, 925,865 – 2,322 lower compared to the previous month, according to the data provided by the National Public Pension House (CNPP) and quoted by Economica.net. Of these, 832,693...
The team of Kosovo abandoned during the stoppage time in the 92nd minute of the football match against Romania in Bucharest counting for the Nations League, accusing the Romanian fans of "racism" after the later sang Serbia-related chants. The Romanian team remained on the pitch for 74 minutes until the referee decided to put an […]
