The Economic and Financial Committee (EFC) gave its OK for Romania's Recovery and Resilience Facility (RRF) second payment request, this being the last step required for the disbursement of the 2.7 billion euros, Finance Minister Marcel Bolos announced on Friday evening."The Economic and Financial Committee gave a positive opinion for Recovery and Resilience Facility payment request No. 2. This was the last necessary step for the European Commission to adopt the decision regarding the disbursement of the 2.7 billion euros. Consequently, we expect the money to arrive by the end of this month. I remind you that the submission of this request was conditioned by the settlement of certain key aspects for Romania such as decarbonization, the interoperability of databases for cutting red-tape, and implementing the government cloud," Marcel Bolos wrote on Facebook.According to him, Romania is among the first seven EU countries that submitted the second payment request, although it has the most complex plan, with over 500 targets and milestones to fulfill.
The going-out options include a variety of exhibitions and a selection of David Lynch films. In Bucharest: Four masterpieces of David Lynch January 23 – January 26 Cinemateca Eforie runs a program that pays homage to American filmmaker David Lynch, who passed away last week. The films that will be screened are The Elephant Man, […]
Gold has been one of the most sought-after assets for centuries, and in the modern era, it has become a highly popular component of investment portfolios. A preferred asset for protection against economic risks, gold has delivered attractive long-term returns, increasing by approximately 8% per year over the past two decades. Since the end of […]
JTI Romania is the Top Employer for the 12th year in a row, being ranked third amongst 44 companies locally awarded, after an assessment conducted by the Top Employers Institute. The company was rated for about 20 criteria such as leadership, talent acquisition, on-boarding, digital HR, work environment, career development, learning, ethics & integrity, diversity, […]
Romanian defense minister Angel Tîlvăr stated that the contract for the Patriot system, which will replace the one ceded by Romania to Ukraine, is expected to be signed in February. The minister commended the decision of the United State government to approve the delivery of three Patriot systems to Romania. Raytheon stated it will collaborate […]
Romanian companies are entering 2025 with cautious optimism, focusing on managing risks and controlling costs, according to the Deloitte 2025 Romania CFO Survey conducted at the end of last year among approximately 130 Chief Financial Officers (CFOs). Most of the Romanian CFOs predict an increase in revenues for this year (58%), but their share has […]
Several employees of the Romanian Senate began protesting and booing while the president of the upper Chamber was announcing that staff restructuring would be implemented to reduce public spending. Ilie Bolojan, president of the National Liberal Party and head of the Senate, announced a reduction in the organizational chart from 796 positions to 618 positions. […]
