The Romanian authorities intend to take children from Gaza, who are currently undergoing medical treatment in Egypt, the Minister of Foreign Affairs, Luminita Odobescu, declared on Thursday.She participated, in Brussels, at the informal Foreign Affairs Council, which brought together the heads of diplomacy from the European Union. The conflict in the Middle East was also on the agenda."Everyone is aware that we need to continue helping the civilians in the Gaza Strip who are in a dramatic humanitarian situation. Romania's efforts are constant in this direction. We have sent several humanitarian aids, including to the Jordanian hospital. Our intention is as in next period let's take over children from Gaza. We are working in this direction", said the head of Romanian diplomacy, according to which the minors are being treated in Egypt, and the process of taking them over is ongoing.Odobescu pointed out that the security situation is "extremely volatile" and there is a risk of escalation in the region."Romania supports the current steps, the consistent efforts of the United States of America, together with Qatar and Egypt, to obtain a permanent ceasefire, to release the hostages and to allow unrestricted humanitarian access for civilians in Gaza. (...) What what is important is this coordination of the efforts of the European Union together with those of the USA, in order to reach an agreement in the parameters presented by the American side," she said.
Romania’s Cătălina Ponor is one of the four gymnastics legends to be honored at the 28th annual International Gymnastics Hall of Fame (IGHOF) induction ceremony on May 17, according to an official announcement. The event will be held at the Petroleum Club in Oklahoma City. The 2025 IGHOF inductees are Beth Tweddle, Andreas Wecker, and […]
Value vouchers contributed over RON 32 billion to Romania’s Gross Domestic Product in 2023, which represents more than 2% of the national GDP. According to a study conducted by the Bucharest University of Economic Studies (ASE), value vouchers, including meal vouchers, holiday vouchers, gift vouchers, and cultural vouchers, have played an essential role in supporting […]
The European Bank for Reconstruction and Development (EBRD) has committed EUR 15 million to Morphosis Capital Fund II, a private equity fund supporting small and medium-sized enterprises (SMEs) and lower mid-market companies in Romania and across Central and Eastern Europe (CEE). Managed by Morphosis Capital Partners, the fund aims to provide equity financing as an […]
Simtel Team (SMTL), an engineering and technology group listed on the Main Market of the Bucharest Stock Exchange and one of the national leaders in renewable energy in Romania, aims to issue corporate bonds worth EUR 30 million. The company’s management has convened the Extraordinary General Meeting of Shareholders for April 24-25, to request approval […]
About 46% of Romanians believe that what they currently buy is only the bare minimum to ensure their daily living due to inflation. In the last month, Romanians spent the most on food products (89%), utilities (82%), personal hygiene products (73%), home care products (67%), and medicines or supplements (66%), according to a Reveal Marketing […]
The Bucharest office market recorded its lowest level of deliveries in two decades in 2024, with only one major project completed, according to the annual report published by Colliers. Total rental demand fell by 18% compared to the previous year, but new demand remained at a similar level to 2023. At the same time, more […]
