The Minister of Finance, Alexandru Nazare, announces that, on the penultimate day 2025, the European Commission transferred over 586 million euros to the accounts opened at the National Bank of Romania, amounts requested through the 2021–2027 Transport Program, from the Cohesion Fund and the European Regional Development Fund. “Very good news for public finances and for the Romanian economy, on the penultimate day of the year. Today, December 30, the European Commission transferred over 586 million euros to the accounts opened at the National Bank of Romania. The money represents amounts requested through the 2021–2027 Transport Program, from the Cohesion Fund and the European Regional Development Fund, according to art. 93 para. (2) of Regulation (EU) no. 1060/2021,” the Minister of Finance said in a post on Facebook. Alexandru Nazare explains that these funds come from expenses initially made through the RRP by transport sector beneficiaries for major infrastructure projects—such as the Ploie?ti–Buz?u–Foc?ani highway and other significant investments. Between September and December, the Romanian Government, through the Ministry of Transport and with support from the European Commission, moved these projects into the Transport Program 2021–2027 to ensure efficient use of European funds. “Importantly, these funds do not come from Romanian taxes. They are European funds entering Romania’s economy directly, representing direct investments in infrastructure, regional development, and public services. This outcome is possible thanks to coordinated teamwork between the Ministry of Transport, through the management authority of the Transport Program 2021–2027, the Ministry of Finance, and project beneficiaries (CNAIR, CN CFR SA, Metrorex, etc.),” Nazare emphasizes. “Thank you, Raffaele Fitto, Executive Vice-President of the European Commission, for supporting Romania—including following discussions during his visit to our country, when I requested assistance to accelerate these payments,” the Finance Minister stated. In addition, on December 29, the Ministry of Finance made payments of approximately 714 million lei under Title 60 – RRP grants, for investments carried out by local public authorities from European funds: urban mobility, energy efficiency, and other community-benefiting projects. “New reasons for optimism thanks to high public investment levels and better absorption of European funds: 2026 will be a better year for Romania’s economy,” added Alexandru Nazare.
World-renowned ballerina Maria Kochetkova will perform in Romania for the first time on March 5, 2026, as part of the Bucharest International Ballet Gala, an anniversary edition dedicated to sculptor Constantin Brâncuși. The event will be held at Sala Palatului and marks 150 years since the birth of Brâncuși, one of the most influential figures […]
Mihai Eminescu, Romania’s celebrated national poet, described actual places in many of his poems, and some can still be visited today. Verses written in iconic poems like Călin (file de poveste) describe places in Vânători Neamț Natural Park, part of the ecotourism destination Ținutul Zimbrului, according to a press release. Visitors can actually step through […]
American and Romanian experts in managerial excellence, competitiveness, and leadership announced the launch of the Romanian Performance Excellence Program 2026 on January 15. Inspired by the US Baldrige Program, the new initiative is aimed at professionalizing management and increasing the competitiveness of public and private organizations. The program is organized by the National Foundation of Young […]
The Yellow Tie/Cravata Galbenă, a biographical film inspired by the life of Romanian conductor Sergiu Celibidache, has been selected for the programme of the 41st edition of the Santa Barbara International Film Festival, one of the most prestigious film events in the United States. Directed by Serge Ioan Celebidachi, the film will have its US […]
Real estate developer Park Properties, led by Alexandru Mănăilă, has partnered with businessman George Peltecu to develop SunLake Snagov Signature Collection, a high-end residential project featuring lakeside villas and a private marina. The construction is set to begin this spring, the company said. The complex will be built on a 15,000 sqm plot of land, […]
Romanian president Nicușor Dan marked National Culture Day in a message on Thursday, January 15, announcing that the theater hall at the presidential Cotroceni Palace will be made available periodically, free of charge, for performances by independent troupes of young actors and by high school theater groups. In the accompanying message, the president emphasized the […]
