Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. CSAT decides  to increase percentage of GDP allotted...

CSAT decides  to increase percentage of GDP allotted to Defence from 2% to 2.5%

March 31, 2022

 President Klaus Iohannis stated, on Tuesday, that in the current context there is need to increase the defence capacity of the Romanian state, pointing out that it is necessary to increase the percentage of GDP allotted to Defence from 2% to 2.5%."Beyond the concrete decisions made today, I believe that the present crisis shows that from a strategic point of view, new consolidated actions of Romania are necessary in at least two dimensions. I have defined thus two strategic objectives. Firstly, it's necessary to increase the defence capacity of the Romanian state. In this sense, I believe that it is necessary to increase the percentage of the GDP allotted to Defence spending from 2%, where it stands at this time, to 2.5%. Secondly, it's necessary to achieve the energy independence of Romania, mainly through the development of renewable and civilian nuclear energies," said the head of state, after the meeting of the Supreme Council for the Country's Defence.He also said that for the fulfillment of these strategic objectives political decisions will be necessary. "Concrete action plans need to be implemented at the level of competent institutions," added the head of state.     President Klaus Iohannis also announced that during the session of the Supreme Council for National Defence (CSAT), a decision was made to intensify consolidation efforts in the Eastern Flank, this including deploying military forces."We decided to intensify actions at a bilateral and allied level for the significant consolidation of deterrence and defence posture on the Eastern Flank, in the following period, by deploying allied forces and by a rapid setup of a battle group in Romania," the head of state showed during a press statement at Cotroceni Palace.Furthermore, Iohannis also spoke about supporting the Republic of Moldova "on various scales"."In the context generated by the effects of the regional security, it is necessary to support the Republic of Moldova on various scales, which is currently facing an increased wave of refugees and possibly with other difficulties as well," the head of state said.   He stressed that the Russian aggression has generated a resurgence of unity and unprecedented solidarity of the entire democratic world, has shown the cohesion and ability of NATO members to react together, to stand firm against an aggressor who risks to destabilising the global security climate."At the same time, the European Union is demonstrating again that it is a big family, that together we are stronger and that we can find solutions even in the darkest moments," Iohannis said.He said that Romania's membership of the North Atlantic Alliance and the European Union, coupled with the very solid Strategic Partnership with the United States of America, represents the biggest gain of our country in the last 30 years.President Iohannis said that Romania has been substantially involved - and remains - in all the decisions that have been made at the allied level in recent days and is constantly acting to provide support to Ukraine and its citizens who are seeking refuge in our country."I thank all the Romanians who support the consistent efforts of the main and local authorities to manage the situation of the refugees entering Romania," the president added.

Read in full - click here
Radisson Blu Hotel, Bucharest Earns Top Honors Across Global & Local Hospitality Awards

Radisson Blu Hotel, Bucharest, Romania’s largest five-star hospitality complex and a flagship property within the Radisson Hotels portfolio, has been recognized with multiple international and national awards, underscoring its continued commitment to excellence, innovation, and guest satisfaction. At the 32nd Annual World Travel Awards – Europe Gala Ceremony, held in Sardinia, Italy, Radisson Blu Hotel, […]

Christmas begins at Corinthia Grand Hotel du Boulevard

The public is invited to discover a spectacular festive concept inspired by the charm of the Victorian era Corinthia Grand Hotel du Boulevard will officially start the winter holiday season, lighting up Bucharest’s first Christmas decorations on 24 November at 7:00 PM, symbolically marking the opening scene of the city’s festive celebrations. The hotel transforms into […]

Interwar building in central Bucharest to be demolished, converted into Holocaust Museum

The office building of the former tire manufacturer Banloc-Goodrich in central Bucharest will be demolished for the construction of the Holocaust Museum, Profit.ro reported. The investment, valued at EUR 54.2 million, is partly covered by the EU-backed Recovery and Resilience...

One United Properties posts a consolidated turnover of 236.3 million euros and a gross profit of 84.8 million euros in 9M 2025

One United Properties (BVB: ONE), Romania’s leading green developer of residential, mixed-use, and office real estate, recorded a turnover of 236.3 million euros in the first nine months of 2025, up 13% year-on-year (YoY), and a gross profit of 84.8 million euros, up 20% YoY, while the net profit stood at 70.3 million euros, up […]

Romanian composer and pianist Horia Moculescu dies at 88

Famed Romanian composer Horia Moculescu died on Wednesday, November 12, at the age of 88.  The composer, pianist, and performer was born on March 18, 1937, in Râmnicu-Vâlcea. At the age of six, he learned to play the accordion. He attended secondary school in Turda at the Boys’ High School (now the “Mihai Viteazul” National […]

MerchantPro Compass: Black Friday day returns to growth, with +10% more transactions

Romanians shift priorities: Health, Culture, and Hobbies take the lead, while Fashion and Home&Deco lose ground to low-cost non-EU commerce Black Friday 2025 marks a turning point for Romanian eCommerce. After two years of stagnation, the day recorded a +10% increase in the number of transactions, while the overall campaign week saw a +20% rise […]