Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. European Commission welcomes Memorandum of Understanding on solidarity...

European Commission welcomes Memorandum of Understanding on solidarity coridors between Romania and Ukraine

November 16, 2023

  The European Commission welcomes the signing of the Memorandum of Understanding between the Government of Romania and the Government of Ukraine which will further contribute to increasing the capacity of the solidarity corridors, especially considering the damage suffered by the transport infrastructure in Ukraine following the aggression by Russia, reads a European Commission's release.Romania has an essential role in the functioning of the solidarity corridors and collaborates constructively with all the parties involved, including through the EU-Ukraine Solidarity Corridors Joint Coordination Platform. The Commission encourages this close cooperation between EU Member States and Ukraine.The Commission continues to support the implementation of the EU-Ukraine solidarity corridors and the Ukrainian action plan on the export of Ukrainian grains, in particular by facilitating cross-border links and transport operations.The improvement of the border crossing between Ukraine and Romania, foreseen by this memorandum, will not only serve Ukraine's immediate import and export needs, but will anchor it firmly in the EU transport space. Funding is already available from the EU budget, the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD), while the upcoming Ukraine Facility will further contribute to the reconstruction and development of Ukraine's transport infrastructure and its connections with the EU.Prime Minister Marcel Ciolacu and his Ukrainian counterpart, Denys Shmyhal, signed on Wednesday, at the end of the joint meeting of the executives of the two countries, held in Kyiv, a memorandum on "ensuring the safe transit of Ukrainian products and a strategy on the development of border crossing points Ukraine - Romania and related road infrastructure".

Read in full - click here
Romanian National Bank marks RON 3.8 bln profit in 2024, up 58% YoY

The National Bank of Romania (BNR) ended 2024 with a profit of roughly RON 3.8 billion (EUR 760 million), a 58% increase compared to the previous year, despite the operations it performed to maintain the national currency's stability.  The figures, published in a report on Monday, June 23, show that operating costs for 2024 were […]

Survey: Over half of Romanians trust US and UK, only 11% trust Russia

Over half of Romanians trust the United States and the United Kingdom, according to the Informat.ro - INSCOP Research Barometer conducted between May 26–30, 2025. Only 11% trust Russia, with higher levels of trust from among far-right voters of the Alliance for the Union of Romanians (AUR) party. The United States is trusted by 52.8% […]

Romania’s Prahova County launches project for cycling routes linking vineyard towns

Prahova County launched construction on a major cycling infrastructure project aimed at connecting local vineyard towns and promoting green mobility and sustainable tourism. The initiative, titled “Establishment of Bicycle Lanes on Bachus’s Route,” represents an investment of over RON 25 million, with RON 21 million coming from non-reimbursable funds provided by the Environmental Fund Administration. […]

The teams at Forvis Mazars in Germany and Romania announce the launch of the International German-Romanian Desk, focusing on tax and legal services

Forvis Mazars, the international audit, tax and advisory services partnership, is pleased to announce the launch of its International German-Romanian Desk, an initiative aimed at addressing the demand for integrated cross-border tax and legal support between Germany and Romania. The Desk combines a highly qualified German team of lawyers with an interdisciplinary Romanian team of […]

BBC: Romanian authorities launch new investigation into Tristan Tate over electoral laws

Last week, the BBC reported that Romanian authorities have launched an investigation into Tristan Tate, brother of controversial internet personality Andrew Tate, over allegations he broke election laws by posting political content on social media during the recent presidential elections.  The investigation, opened by the Ilfov county police according to the British newspaper's sources, is […]

Bucharest struggles with air quality, report says 60% of pollution comes from traffic

Bucharest is facing growing environmental challenges, with traffic-related air pollution, shrinking green spaces, and worsening climate impacts threatening the health and well-being of its residents, according to the latest “State of the Environment in Bucharest” report released by the Bucharest Community Foundation through the Environmental Platform for Bucharest. For example, air pollution has already reached […]