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.
TEKUNI, a program dedicated to students and young entrepreneurs, was launched in Timișoara through a pilot project, with a future goal of nationwide expansion. The program offers a complete training path, structured into 7 modules that cover all stages of building a startup: from idea validation and MVP development to branding, marketing, legislation, finance, leadership, […]
The Romanian capital will be in the spotlight at the festival Un Week-end à l'Est, which runs in Paris until December 1. The event, which aims to present the artistic, literary, and intellectual richness of an Eastern European city, has previously focused on Warsaw, Odessa, Kyiv, Sofia, or Budapest. At its ninth edition, it is […]
Romanian tax agency ANAF has sued former president Klaus Iohannis in order to recover the loss of use of half of a property in the center of Sibiu. “The action represents a continuation of the steps that ANAF has taken for the recognition of the state’s ownership right and the recovery of compensation determined by […]
Romania will face Turkey in the semi-final of the World Cup qualifying play-offs, with the match scheduled to take place away from home on March 26 next year, Biziday.ro reported. A win would send the national team into the play-off final on March 31, where it would meet the winner of the Slovakia–Kosovo match. Romania […]
An exhibition showcasing various depictions of the traditional Romanian blouse ia, including Henri Matisse’s iconic La Blouse Roumaine, is opening this weekend in Bucharest, while Cluj is entering festive mode with...
Mercenary Horațiu Potra, who faces charges of attempting to undermine constitutional order in Romania, is being flown back to Bucharest under police escort after authorities in the United Arab Emirates approved his extradition,
