The European Commission has wired 1.942 billion euro to the account of the Finance Ministry (FM) open at the National Bank of Romania (BNR), the sum representing pre-financing worth 13 percent of the loan of approximately 14.94 billion euro contracted by Romania as part of the Recovery and Resilience Facility, the Finance Ministry announced on Thursday."On January 13, 2022, with the entry into force of the Loan Agreement [the Recovery and Resilience Facility] between the European Commission and Romania, the sum afferent to the pre-financing in the loan component will be wired, totaling 1,942,479,890 euro, representing 13 percent of the total loan value. This amount comes to complete the first tranche of the pre-financing, on the grant component, paid by the European Commission on December 2, 2021, worth 1.85 billion euro. Thus, up to this moment, a total sum of 3.79 billion euro was granted to Romania, since the moment of approval and start of implementation of the PNRR [National Recovery and Resilience Plan] on November 3, 2021," the quoted source mentions.The sum for the implementation of the PNRR is 29,181,842,750 euro. Romania has requested non-returnable financial support worth 14,239,689,750 euro and loans of 14,942,153,000 euro as part of the Recovery and Resilience Facility. All of these represent 13.09 percent of the GDP reported in 2019.The plan contains 171 measures, of which 64 reforms and 107 investments, structured around six pillars and 15 components.The main objectives of the plan are to accomplish the green transition and the digital transition, consolidating, at the same time, medical assistance, education, social cohesion and inclusion.
Waterdrop®, brandul european care a redefinit experiența de hidratare prin soluții sustenabile și design minimalist, lansează în România colecția AO26 în Ediție Limitată, inspirată de dinamica și ritmul inconfundabil al Australian Open. Noua colecție aduce în prim-plan produse create pentru cei care își doresc hidratare de nivel profesionist în viața de zi cu zi, de […]
The 33rd edition of Concerto di Natale, held on December 13, 2025, at the Auditorium Conciliazione in Rome, will feature Romanian artists Stephanie Radu and Alin Stoica. The concert, a Christmas emblem, brings artists from all over the world before the international public. Soprano Stephanie Radu will perform two special moments, namely “Regalo di Natale,” her […]
North Bucharest Investments has been honored at the CIJ Awards 2025 with the Best Residential Real Estate Agency of the Year distinction — a recognition of the company’s performance, dedication, and strong positioning within Romania’s high-end residential market. “This award is about people. About those who choose, every single day, to believe in this company, […]
Romania ranks 11th in the world in the EF English Proficiency Index 2025, with a “very high” level of English language skills. According to the index, which represents one of the most extensive global studies on language competence, adults in Romania show a high level of English knowledge. English remains the main international language of communication, […]
Over EUR 1 million was raised at the 25th Christmas Tree Festival, which took place on Thursday, December 4, at the National Museum of Art in Bucharest. Funds will be used by Save the Children Romania, the organizer of the auction, for access to quality education. The tree that raised the most money in the […]
Allianz-Țiriac Asigurări, one of the leading insurance companies on the local market, has completed the sale of its two former headquarters located in the Victoriei Square area of Bucharest. The deals were brokered by Cushman & Wakefield Echinox. The property on Căderea Bastiliei Street, of approximately 6,000 sqm GLA, was acquired by Praktiker Real Estate, […]
