Prime Minister Nicolae Ciuca met with Vice President of the European Commission for Values and Transparency Vera Jourova on Monday, with talks focusing on measures to respond to recommendations under the Cooperation and Verification Mechanism (CVM), the implementation of the National Recovery and Resilience Plan, but also on the situation in Ukraine and the multidimensional support provided by Romania.According to a Government's release sent on Monday, the parties welcomed the progress in implementing the European Commission's recommendations under the CVM, acknowledging the existence of a good moment for advancing the reforms.Vice President Jourova thanked the Romanian authorities and citizens for their commitment to the management of Ukrainian refugees and acknowledged Romania's important role in facilitating the transit of grain from Ukraine.Prime Minister Ciuca expressed the political commitment to ensure the sustainability of judicial reforms and guarantee the independence of magistrates.Nicolae Ciuca reminded that the position of the Romanian Government is clear regarding the principle of the supremacy of European Union law and remains committed to its observance, within the limits conferred on it by the constitutional framework.He expressed the hope that the monitoring of the rule of law in Romania will soon be done only through the EU rule of law mechanism, as in the other member states of the Union.PM Ciuca also presented Romania's multidimensional commitment to supporting Ukraine, recalling in particular the measures taken to assist and integrate refugees, but also to facilitate grain exports.
The Romanian banks boasted in 2025 virtually the same record aggregated net profit as in 2024, namely RON 11.6 billion (EUR 2.3 billion, -0.6% y/y) in January-September and RON 6.2 billion (EUR 828 million, -0.3% y/y) in Q3 alone, according to data published by the National Bank of Romania. The non-performing loan (NPL) ratio has […]
The Romanian Parliament approved the National Defense Strategy on Wednesday, November 26, with 314 votes in favor, 43 against, and three abstentions, following a joint session attended by president Nicușor Dan. The document will guide national security policy for the 2025-2030 period. During the parliamentary debate, Ana Maria Gavrilă, leader of the opposition party POT, […]
Romania celebrates its National Day this long weekend, when December 1 is a public holiday, as is St Andrew’s Day. At the same time, several Christmas markets are opening in Bucharest, Brașov, and Timișoara.
Tășuleasa Social Association, which developed the long-distance trail Via Transilvanica, has developed a modular accommodation unit prototype, the first in what is to become a network of rural hospitality spaces. The network will cover areas along the trail that are isolated and lacking tourist infrastructure or communities with an aging population where there are no other […]
Hungary is interested in diversification and importing gas from the Neptun Deep reserve in the Black Sea, said Peter Szijjarto, the Foreigbn Affairs and Trade minister of Hungary at a press conference on energy topics. “Now, what the structure of domestic consumption and export of the gas exploited from Neptun Deep will be […]
Over 87% of Romanians have applied, in recent months, measures to reduce energy consumption in their homes or businesses, and over 60% are interested in investing in various energy efficiency projects in the next year, for increased comfort and to reduce their energy bills, reveals research carried out for the despre-energie.ro platform, a project of […]
