The present security situation shows that peace is no longer a certainty in Europe, said general Gheorghita Vlad, the Defense Chief of Staff, in his speech held on the occasion of the 165th celebration of the General Staff. “Contrary to norms of humanitarian international law, the actions of the Russian Federation are feeding the negative development of the threat potential and security risks. At the level of the Black Sea region, of strategic interest for NATO, we have a defense crisis situation,”said general Gheorghita Vlad. He pointed out that the Romanian Army has reconsidered its defensive architecture by adapting procedures, recalibrating the reaction capacity of forces and has consolidated structures of permanent combat service, air police and strengthening vigilence. “At the same time, capacities of knowing situations and early warning have improved. Our defensive capacity, Euro-Atlantic relations and Strategic Partnership with the US remain vectors of the national discouraging and defense position in the Black Sea area,” said the official of the National Defense Ministry. He mentioned that Romanian militaries are participating in NATO and EU operations in the West Balkans, Africa, the Mediterranea Sea and Indian Ocean. As host nation, Romania ensures the conditions needed to operate and pre-positiion allied forces and capabilities in Romania, according to Regional Plans.
The number of people in Romania at risk of poverty stood at 3.59 million people in 2024, 375,000 fewer than in 2023, representing a 9.4% decrease, according to data from the National Institute of Statistics, or INS. Despite the improvement, nearly one in five Romanians was affected by poverty last year. According to INS, 19% […]
The European Public Prosecutor’s Office (EPPO) in Cluj-Napoca carried out multiple searches on Tuesday, July 1, at the Sibiu International Airport and the Sibiu County Council as part of an investigation into suspected fraud involving a EUR 54 million EU-funded infrastructure project. A total of 24 locations were searched across Bucharest, Brașov, and Sibiu county, […]
A Romanian taxi driver who scammed 90-year-old Nigerian Nobel Prize laureate Wole Soyinka was detained by police on Sunday, June 29, according to media reports. On Friday, June 27, the venerable Nigerian arrived at Bucharest's Otopeni Airport. He got into a taxi and asked to be taken to a hotel downtown. At the destination, the […]
Costin Șerban, a Romanian entrepreneur, is digitalizing the construction sector in the United Kingdom with an ERP (enterprise resource planning) solution developed over 12 years and an investment of GBP 1.6 million (EUR 1.86 million). Șerban’s cloud-based ERP platform is called Abilo, was developed by the Romanian IT company Obi Systems, and is dedicated to […]
Border checks between Bulgaria and Romania have officially been lifted on July 1, as part of the implementation of the Schengen Agreement. The lifting marks the end of the transitional period of heightened control at the internal border, which had remained in place for six months following their accession to the Schengen area by land […]
Remus Vulpescu became CEO of the Bucharest Stock Exchange (BVB) on Tuesday, July 1, taking over from Adrian Tănase as the stock exchange grapples with a market dominated by government bonds. Vulpescu, 53, is a graduate in political and legal sciences from the University of Bucharest and holder of an EMBA obtained in 2017. He […]
