Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Ecofin gave the green light to the national...

Ecofin gave the green light to the national recovery and resilience plans of Romania, Estonia and Finland

November 25, 2021

  Valdis Dombrovskis, the executive vice-president of the European Commission announced on Twitter today that Romania’s and other two countries’ national recovery and resilience plans had got the final nods from the EU finance ministers :“Excellent news: EU finance ministers approved #RRF recovery plans from Estonia, Finland and Romania. Total number of approved plans = 22. And money is starting to flow to where it is needed. Focus now: put the plans into effect as soon as possible.”    Romania should receive the first money from National Recovery and Resilience Program (PNRR) in December, said the interim prime minister Florin Citu, specifying that everything related to the European Commission on this topic has been achieved, and now a series of normative acts for the implementation of the plan must be adopted in the country.   He said a government could be voted on next week.   After the EU’s Finance ministers gave their green light to the RFF, Romania can ask for EUR 3.7 billion in advance, meaning 13% of the total sum allotted to Romania.   "It was a shorter ECOFIN meeting than usual. The good part is that there were no questions or remarks on the Romanian PNRR. It was a presentation made by the Minister of Finance, I had a very short intervention. Everything related to the European Commission has been done and now it is on our shoulders. The implementation of PNRR is next and we should have the first money from PNRR in December. Of course, we will see how. The ordinance is already given, we have to give a Government Decision. Everything related to the European Commission is over," said Florin Citu on Thursday at the end of the online participation in the ECOFIN Council meeting.Asked if the interim government can adopt the normative acts related to PNRR or a full government is needed, he explained: "Some acts can be done in the Romanian Parliament, if we do not have a government, through a bill, so there is no kind of problem, but we already have the ordinance."He specified, in the context, that Romania should have a government next week.   

Read in full - click here
Romania can be a hub in the defense industry again, president says

President Nicușor Dan stated on Monday, November 10, that Romania meets all the conditions to become an innovation and production hub in the defense industry in Southeast Europe. “Romania meets all the conditions to become an innovation and production hub in the defense industry in Southeast Europe. Why? First of all, because it has a […]

Central Romania: Town of Râșnov to host Boeing 737 transformed into hotel

Officials in the mountain resort town of Râșnov, central Romania, have issued an urban planning certificate for the transformation of a Boeing 737 airplane into a premium accommodation unit. The plane will be placed near the famous Bran Castle, and organizers expect it to become a tourist attraction. “The project is located in the Pănicel […]

Romania’s submission for 2026 Oscars named best film at Rome festival

Traffic (Jaful Secolului), a Romania-Belgium-Netherlands co-production directed by Belgian-Romanian director Teodora Ana Mihai from a screenplay by Romanian filmmaker Cristian Mungiu, has received the award for best film at the Tertio Millennio International Film Festival in Rome. The jury of the festival noted in its motivation the film's "ability to combine formal rigor and human […]

Romanian Justice Ministry proposes life in prison for femicide after string of killings

The Romanian Justice Ministry advanced a legislative initiative according to which femicide could be punished with life imprisonment. The proposal comes after numerous women were killed this year by former partners, despite protection orders. The debate about femicide in Romania was brought back to the fore after another tragedy took place on Saturday, November 9, […]

Cultural center in downtown Bucharest announces program of arthouse films

Cultural center Apollo111, located in downtown Bucharest’s Universul Palace, has announced the program of arthouse films Apollo111 Cinema. The performance venue of Apollo 111 has been refurbished and endowed for professional film screenings. It will run a weekly program of contemporary and classic auteur films, meetings with filmmakers, and an experimental area, meant to “explore […]

Chinese electronics maker Xiaomi opens first own store in Romania

Chinese consumer electronics manufacturer Xiaomi announced the official opening of its first own store in Romania, in Bucharest, inside the ParkLake shopping center, on the ground floor, on November 22. The new store will have a surface area of 150 square meters and will bring to the public the latest smartphones, accessories, and smart devices […]