The president of the European Bank for Reconstruction and Development (EBRD), Odile Renaud-Basso, is visiting Romania on March 20-21, where she will meet with a number of government officials and business representatives.According to a press release of the international financial institution, the visit of the EBRD President comes at a time when the institution is preparing new five-year strategies for Romania and Bulgaria, which will go into public consultation at the end of this year.EBRD investments in Bulgaria doubled last year, reaching 272 million euros, while in Romania they increased from 658 million euros to 707 million euros, the financial institution firmly supporting the transition to a green economy in both countries.In Romania, Odile Renaud-Basso will meet with prime minister Marcel Ciolacu, finance minister Tanczos Barna, energy minister Sebastian Burduja, as well as business representatives, diplomats and civil society representatives. Odile Renaud-Basso will be accompanied by the EBRD director for Romania, Victoria Zinchuk."The EBRD is a key partner and a major institutional investor in both Bulgaria and Romania. This visit underlines the EBRD's commitment to supporting economic development," said Odile Renaud-Basso, quoted in the press release.The EBRD is a major institutional investor in Romania, was the organization has invested over 11.6 billion euros in 560 projects. A significant share of its financing supports private sector development, sustainability and innovation.
Around 32% of Romanians plan to spend their upcoming holidays abroad, with Greece, Italy, and Spain topping the list of preferred destinations, according to the Visa CEE Travel and Payment Intentions Study 2025. Of those going abroad for the summer, nearly 40% say they are “experience seekers,” prioritizing discoveries and stepping out of their comfort […]
Călin Georgescu, the far-right, Russia-friendly politician who surprisingly emerged as the first-round winner of last year’s presidential elections, will remain under judicial supervision after the District 1 Court in Bucharest rejected his appeal against the prosecutors’ decision to extend the preventive measure,
The mayor of Timișoara, Dominic Fritz, will be the new leader of the Save Romania Union party, or USR, after he received 67.2% of the votes in an internal race. The vote for the new party president was conducted online and started Wednesday at 10 AM and ended Friday at noon. A total of 10,914 […]
The Sports Barometer in Romania, a study conducted by IRES and presented on Thursday, June 12, during the Sports Festival, reveals that 32% of Romanians do not engage in any type of physical activity, and that as age increases motivation drastically decreases. According to the study, 28% of Romanians are super-active and do a form […]
The Romanian-American University has officially launched the country’s first Department of Latin American Studies (DSLA), marking a significant step in its internationalization efforts. The inauguration brought together official representatives from eight Latin American countries - Argentina, Brazil, Chile, Colombia, Cuba, Mexico, Peru, and Uruguay - underlining the strong diplomatic support for deepening educational and cultural […]
Romanian president Nicușor Dan laid wreaths on Friday, June 13, at the Monument dedicated to the memory of the victims of the June 13–15, 1990 Mineriad and at the “Kilometer Zero of Democracy” Monument. The violent events of June 1990 remain in post-communist memory as the “June 13–15, 1990 Mineriad” and refer to the repression, […]
