The Romanian FM was on a formal visit to Berlin Monday and Tuesday, occasioned by the 20th anniversary of the Treaty for friendly cooperation and European partnership between Romania and Germany. Having met with German counterpart Guido Westerwelle, the head of Romanian diplomacy, Cristian Diaconescu, said that Germany remains a firm advocate of Romania joining [...]
Belgian company Avesta Battery and Energy Engineering (ABEE) has decided to end its collaboration for the project in Romania but continues to explore other promising locations to support strategic growth, according to a company's statement dating from June surfaced in local media (
The European Commission (EC) proposes a EUR 120 million allocation from its reserves for direct payments to farmers in Bulgaria, Germany, Estonia, Italy, and Romania who were impacted by adverse weather events in the spring and early summer, the EC's Representation in Romania said in a press release. Of this grant, EUR 10.9 million is […]
The European Commission will operate the third disbursement under the Resilience Facility to Romania by the end of the year, but the disbursement will be "partial" as only 38 reforms out of the total of 55 were met, Romanian minister of investments and European funds Adrian Caciu said on September 23. Earlier this month, MEP […]
Based on the first budget revision endorsed by the government on September 23, the Fiscal Council estimates that the full-year cash deficit will reach 8% of GDP instead of the 6.9% targeted by the Executive, according to a Council’s opinion. The ongoing negotiations with the European Commission ahead of an expected medium-term fiscal consolidation...
The government of Romania approved on September 23 the budget revision that brings the deficit to 6.9% of GDP from 5% previously and revises the economic growth assumption down to 2.8% of the GDP from 3.4%. Prime minister Marcel Ciolacu said this is "a positive budget correction" because "additional resources are allocated for all major […]
Non-profit Romanian United Foundation (RUF) plans to expand the Romanian-language courses it currently offers in Chicago to five additional communities in the United States and Canada. “By expanding the Romanian language courses and applying the successful model in Chicago, we hope to offer valuable educational opportunities and strengthen the ties between Romanians in North America,” […]
