* The European Commission pays REPowerEU pre-financing to Romania, Belgium, Croatia, Cyprus, Finland, Greece, Italy, Latvia and Spain under the Recovery and Resilience Facility. Today, 25 January, the European Commission paid the following pre-financing amounts related to REPowerEU funds under the Recovery and Resilience Facility (RRF): EUR 145,1 million to Belgium and EUR 585.1 million to Croatia in the form of grants and loans; EUR 20.9 million to Cyprus, EUR 25.4 million to Finland, EUR 158,7 million to Greece, EUR 551.2 million to Italy, EUR 26.9 million to Latvia, EUR 288 million to Romania in the form of grants and EUR 340 million to Spain in the form of loans. These pre-financing will help accelerate the implementation of the main investment and reform measures presented in each REPowerEU chapter. This will accelerate the achievement of the objectives of the REPOwerEU plan for energy saving, clean energy production and diversification of energy supply, with the aim of making Europe independent of Russian fossil fuels following Russia’s invasion of Ukraine. Payments made today follow the approval by the Council of the revised plans of these countries, which include a chapter on REPowerEU, and the signing of the financial agreements. Pre-financing, paid in one or two stages, represents up to 20 % of the additional funds requested to finance each country’s REPowerEU chapter. If the pre-financing is paid in two stages, the second part must be paid within 12 months of the payment of the first part.
The City Hall of Sinaia, a popular mountain town roughly 120 km north of Bucharest, announced that a new attraction, the alpine coaster on Pârtia Nouă, will officially open on December 1. The installation, located in the ski area near the Sinaia Gondola, features what the authorities say is the longest track of its kind […]
The Romanian national team debuted with a victory in Group A of the Women’s Handball World Championship, organized in the Netherlands and Germany. Romania won 33–24 (13–12) against Croatia in the Ahoy Arena in Rotterdam on Thursday, November 27. The Romanian team dominated the match in the second half, left backer Sorina-Maria Grozav scoring 7 […]
Alt.Real and RongoDesign have been named the winners of the 2025 Romania ClimAccelerator in the Seed Stage category, the organizers announced. The program is dedicated to supporting early-stage climate-focused startups. This year’s accelerator selected 25 startups split between two tracks: 10 in the Pre-Seed Stage for early teams with a validated idea and 15 in […]
This week, the EDIT association launched the mural “Write your story through sport,” dedicated to Olympic and world swimming champion David Popovici. The work, created by the Sweet Damage Crew on an area of approximately 400 sqm on Simion Bărnuțiu Street in Timișoara, is part of the Outline Streetart urban revitalization project and promotes sport, […]
Romania’s Artmark Group, a major operator in the art and collectibles market in Romania, Bulgaria, and Croatia, appointed Sorin Paul Suciu as Chief Executive Officer (CEO). Suciu takes over the operational and strategic coordination of the group in a phase of accelerated development, according to the company. He has over 25 years of experience in the […]
Romanian defense minister Ionuț Moșteanu resigned on Friday, November 28, after a scandal regarding inconsistencies in his resume triggered by a journalistic investigation. The controversy erupted after Libertatea reported that Moșteanu had falsely claimed in his first...
