* 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.
Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
