The Black Sea is a region of strategic importance to NATO, Romania's Foreign Minister Luminita Odobescu said on Friday."NATO's interest in this vital area for security, and also world economy - being an exposed area amidst the Russian military aggression on Ukraine - is high," said the head of the Romanian diplomacy.On Thursday and Friday, she participated in Lithuania in the "Snow Meeting" event of high-level discussions on defence and strategic issues, especially amidst Russia's aggression against Ukraine.Odobescu also spoke about the NATO efforts to support Ukraine, including a facility that needs the approval of the European Council to come into operation.She said that this is an "extremely critical time when we have to continue to join our efforts to support Ukraine, not only bilaterally, but especially at a European level.""What I mean is the importance of identifying a solution in order to reach an agreement at the beginning of February on the facility for Ukraine. There are already a number of positive signals. Negotiations in Brussels are ongoing and we hope that a solution will be identified as quickly as possible," said Odobescu.In Lithuania, she also spoke about strengthening NATO's eastern flank."To Romania, it is extremely important to implement the decisions of the Vilnius Summit and to strengthen the defence and deterrence posture on NATO's eastern flank in a coherent and united manner, from the Baltic Sea to the Black Sea," she said.She mentioned a recent Romanian-Bulgarian-Turkish demining initiative in the Black Sea that is open to all NATO member states.Odobescu also mentioned the US Black Sea security and development strategy."We have worked closely with our American partners to highlight the geostrategic importance of the Black Sea and we are glad that in the American Congress we have these positive signals and the Black Sea was recognised as a strategic area when they passed their defence budget."She added that "dialogue with the American side continues at the highest level.""There were aspects that were already touched upon during the Romanian Prime Minister's visit to Washington [in December 2023] and this dialogue with the American side will continue moving forward."
Energy group Hidroelectrica has signed the contract for its first floating photovoltaic project, Nufārul, marking a major step in Romania’s renewable energy development. The signing took place on Monday, July 21, and involves an investment of RON 39.25 million (around EUR 7.75 million, excluding VAT). Developed by Waldevar SRL, Marine Research, DHI-SW Project SRL, and […]
The National Anti-Corruption Directorate (DNA) conducted a series of raids on Tuesday, July 22, as part of a criminal investigation into alleged corruption involving Cristian Popescu Piedone, the head of the National Authority for Consumer Protection (ANPC). Prosecutors suspect Piedone of tipping off a business in advance of an inspection, according to Biziday.ro. The investigation...
Social Democratic Party (PSD) president Sorin Grindeanu has firmly denied rumours that the party intends to leave Romania's ruling coalition, dismissing such claims as baseless and criticising those spreading them. His statement came during a press conference on July 21, amid growing internal tensions over the government's fiscal decisions, particularly the suspension of funding for […]
Romanian prime minister Ilie Bolojan has offered assurances that public investment projects already in advanced stages under the Anghel Saligny National Programme will continue, despite the government’s decision to halt broader funding for the scheme due to budgetary constraints. His statement was made during an interview on B1 TV on July 21, following a wave […]
The Social Democratic Party (PSD) of Romania will propose a new 0.5% turnover tax to apply to companies that currently pay profit tax, PSD president Sorin Grindeanu announced during a press conference on July 21, Economica.net reported....
The chain of medical clinics operated by the European medical group Affidea expanded to 74 after it acquired three new clinics in Otopeni, Miercurea Ciuc, and Braila. The national chain now covers 32 cities, according to a group's press release. "The Affidea Romania investment plan for 2025 will exceed EUR 100 million, which will be […]
