On Thursday, the European Commission reaffirmed its position that Romania and Bulgaria are fully prepared for full accession to the Schengen area."Regarding the Commission's position on lifting internal border controls for Bulgaria and Romania, this remains clear, as President Ursula von der Leyen stated in the political guidelines for the next European Commission (2024-2029): Bulgaria and Romania have demonstrated their capacity related to border management and returns. They are prepared and should fully benefit from the Schengen area," a spokesman for the European Commission told Agerpres.He thus answered a question regarding the consequences of the introduction of internal border controls by several Schengen states on the expansion of this area through the full integration of Bulgaria and Romania, including land borders."The Council will have to take an additional decision to set a date for the lifting of internal land border controls between Bulgaria, Romania and other Schengen countries. The Commission will continue to provide all necessary support to the Presidency of the Council to ensure that a decision on land borders can be taken in 2024,'' the quoted spokesperson added.Ten days ago, Germany introduced, for a period of six months, controls at all its land borders to combat illegal immigration.The German authorities had already introduced controls at the borders with several neighboring countries, and from September 16 these measures were extended to the borders with Luxembourg, Belgium, the Netherlands and Denmark.According to the EU asylum rules (the so-called Dublin regulation), asylum applications must be processed in the member state where the migrant first enters the EU bloc.The Schengen area is the free movement area of the European Union that includes most of the 27 EU member states. At the end of March of this year, Romania, together with Bulgaria, joined this area partially - only with air and sea borders due to the lack of unanimity in the EU Council, and a decision on the elimination of land border controls is still awaited.
Over 136,000 non-EU citizens held residence permits for employment in Romania at the end of August this year, most of them coming from Nepal, Sri Lanka, Turkey, Moldova, and India, and two out of three immigrants live in Bucharest, Ilfov, Constanța, Timiș, and Cluj, according to a study conducted by the Economic and Social Council. […]
Romanian prosecutors conducted house searches in 12 locations in Bucharest and two in Târgu Mureș on Wednesday, November 26, in a case targeting former employees of bankrupt insurer Euroins. Specifically, the searches targeted 10 individuals who held executive management positions within Euroins, as well as the headquarters of legal entities controlled by the Bulgarian shareholders […]
Prices in Bucharest’s premium residential market have doubled over the past few years, reaching record highs amid a severe shortage of supply in the city’s most exclusive neighborhoods, Cushman & Wakefield Echinox said. Areas such as Primăverii, Kiseleff, Aviatorilor, and Dorobanți continue to dominate demand. Over the past 2 or 3 years, prices for premium […]
The Romanian Consulate in New York shared on social media the story of George Pomuț (George Pomutz, born Gheorghe Pomuț), the Romanian-American who facilitated the sale of Alaska to the US. Despite his role in US history, the Romanian is largely unknown today, the Consulate noted. Pomuț was born in the Hungarian town of Gyula, […]
Shares of Cris-Tim Family Holding (BVB: CFH) began trading on the Bucharest Stock Exchange on November 26 after an IPO worth RON 454.35 million (EUR 89.3 million) conducted last month. Cris-Tim is now the largest entrepreneurial company in the food sector on the BVB Main Market. The funds raised from institutional and over 8,000 retail […]
The Fabrica de Glucoză area is undergoing one of the fastest urban transformations in Bucharest, strengthening its position as one of the most dynamic residential and investment hubs in the northern part of the city. The modernization of infrastructure, the reconfiguration of the Dimitrie Pompeiu – Fabrica de Glucoză – Pipera axis, and the overall […]
