Romania will benefit from an increase of more than 7 billion euros in financing under the Cohesion Policy in 2021-2027, 300 euro per capita, according to European Commissioner for Regional Policy Corina Cretu, who participated in the high level conference regarding the future of the Cohesion Policy. “We have negotiated, as you all know, in the multi-annual financial framework. We struggled to maintain the same method for earmarking the European funds, a method which we call “the Berlin method,” that has been used ever since 1999, which was based on the GDP per capita. According to this method, Romania will benefit in the period 2021-2027 from an increase of over 7 billion euros in funding under the Cohesion Policy in the future multi-annual financial framework. What I want to say is that this means 300 euro per head of inhabitant in Romania. This is the logic of the Cohesion Policy: the richer you are, the less money you will get. Thus, the Netherlands will receive 13 euro per capita, while countries like Romania, Slovakia, Bulgaria and Greece will receive more,” said Corina Cretu. The European Commissioner underscored that the power and unity of the European Union resides in the cohesion between member states, as it is the expression of solidarity and an aid to the new members to reduce their economic and social gaps. “In the past months, we negotiated this framework, this budget, and I believe that regional policy has come out victorious from this battle, but, of course, our proposal is now in the hands of the European Parliament and the European Council, which are co-legislators, and for the first time in the history of the European Union, we managed to have the biggest envelope for the Cohesion Policy, of 373 billion euro for 27 member states,” said Cretu.
Romanian producers from Timiș and Tulcea claimed three gold medals at the 2025 edition of the Concours International de Lyon, one of Europe’s leading cheese and dairy competitions. Held in Lyon, the event brought together products from 15 countries and awarded a total of 680 medals, including 459 gold and 221 silver. From Romania, Asociația […]
Romania’s national team learned its potential group-stage opponents for the 2026 FIFA World Cup on Friday, December 5, during the official draw held at the John F. Kennedy Center for the Performing Arts in Washington, D.C. The winner of the UEFA play-off path that includes Romania will join Group D, alongside the United States, Paraguay, […]
Romanian president Nicuşor Dan is paying an official visit to France on Monday and Tuesday, with a schedule that includes meetings with French leader Emmanuel Macron, Paris mayor Anne Hidalgo, and members of the Romanian community,
The December 7 elections in Bucharest marked the lowest turnout in the last decade, but were also a major win for the National Liberal Party (PNL) since its candidate, Ciprian Ciucu, won a majority of votes in 5 of the 6 districts of the capital. In District 1, Ciprian Ciucu obtained 40.29% of the votes. […]
Romania’s profit share, defined as the proportion of value added distributed by non-financial corporations to capital rather than labour, fell for the second consecutive year to 48.1% in 2024, Eurostat reported on December 7. The ratio was 40.0% on average in the European Union, with below-average ratios in more developed countries such as France (32.2%) […]
The pension law "brutally violates the independence of the judiciary" and "de facto eliminates the service pension for magistrates," according to the reasoning published by the High Court (ICCJ) along with its decision to refer the magistrates' pensions law to the Constitutional Court, Ziarul Financiar reported. ...
