Romanian Defense Minister Ionut Mosteanu said Monday in Warsaw that he was concerned that the European arms industry would not be able to absorb the billions of euros that will result from the European Union's new SAFE initiative.At the Warsaw Security Forum, Mosteanu said that European politicians should reduce approval times to help the defense industry absorb new orders.On the other hand, the Romanian minister announced that new drone fragments were found on Monday in Tulcea county, bordering Ukraine.Defense cooperation with Kiev is one of the main topics of the meeting in the Polish capital.In March, the European Commission presented the ReARM Europe plan (shortly renamed ReARM Readiness 2030), which envisages mobilising up to 800 billion euros to equip the European Union with a ''credible deterrent'' by 2030.The plan includes 150 billion euros in loans for the purchase of European-made military equipment, financed through the SAFE initiative. Thus, EU member states will be able to borrow to purchase European-made military equipment, and other states, such as Ukraine, for projects that strengthen their defense and stimulate the European defense industry.Ministers from EU member states gave their final approval in May, without consulting the European Parliament. By August 20, 18 European Union countries had officially declared their interest in borrowing funds worth at least 127 billion euros through SAFE
Some dinners are eaten. Others are remembered. At Corinthia Grand Hotel du Boulevard, the past few months have unfolded like a quiet culinary opera. One by one, Europe’s most celebrated chefs arrived, took over the kitchen of Boulevard 73 and left behind more than menus; they left stories. Now, on December 4, the curtain falls. […]
HORIZON CITY, a €130 million residential project, is emerging as one of the most solid and forward-thinking developments in the Pipera area—both through its scale and through the modern direction it sets for the new residential standards in the north. Developed across nearly 23,000 sqm, with 699 apartments and 926 parking spaces, the project brings […]
Romania’s National Forest Administration, or Romsilva, announced that it is putting over 16,000 Christmas trees up for sale over the winter in a press release published on Thursday, November 27. The trees can be purchased directly from the offices of the forestry districts. Prices range between RON 17 (EUR 3.3) for a spruce...
Lot 3 Pietroasele–Buzău of Romania's A7 highway, also known as the Moldova highway, was inaugurated on Thursday, November 27. The newly inaugurated segment is 13.9 km long. The A7 connects Romania’s historic regions of Muntenia, the southern part of the country, with Moldova, the eastern part. “We are opening another 13 km of the Moldova Motorway […]
The City Hall of Sinaia, a popular mountain town roughly 120 km north of Bucharest, announced that a new attraction, the alpine coaster on Pârtia Nouă, will officially open on December 1. The installation, located in the ski area near the Sinaia Gondola, features what the authorities say is the longest track of its kind […]
The Romanian national team debuted with a victory in Group A of the Women’s Handball World Championship, organized in the Netherlands and Germany. Romania won 33–24 (13–12) against Croatia in the Ahoy Arena in Rotterdam on Thursday, November 27. The Romanian team dominated the match in the second half, left backer Sorina-Maria Grozav scoring 7 […]
