The Romanian government on Thursday approved a bill that provides for Romania's participation in the Enlarged Partial Agreement on the Register of Damage Caused by the Aggression of the Russian Federation against Ukraine.According to the government, the bill proposes Romania's participation in this agreement, established by Resolution CM/Res(2023)3, adopted by the Committee of Ministers of the Council of Europe in Strasbourg, on May 12, 2023.Another 35 member states of the Council of Europe, as well as the European Union, Canada, Japan and the US, have already joined this agreement."This approach would demonstrate the consistency and coherence of Romania in terms of foreign policy amidst the aggression of the Russian Federation against Ukraine. It would also send a positive signal regarding Romania's commitment to supporting measures to hold Russia accountable for the aggression against Ukraine and for its consequences," the government says.By joining the enlarged partial agreement, Romania pledges to join the Conference of Participants through officials of its Foreign Ministry and, as the case may be, other relevant institutions, as well as to pay an annual contribution to the budget for the implementation of the enlarged partial agreement, the value of which is communicated annually by the General Secretariat of the Council of Europe.The annual contribution of Romania for the year 2023 is EUR 6,052.73 that has to be paid by March 26, 2024.The equivalent in the local currency of the contribution due by Romania under the bill approved by the government will be allocated annually from the national budget through the budget of the Ministry of Foreign Affairs, which will ensure the payment of the contribution.According to the government, an enlarged partial agreement is not an international treaty, but a form of co-operation that has its own budget and working methods and that presents a series of operational advantages, being flexible in terms of organisation and procedures.
How to Web Conference, the leading startup and technology event in Eastern Europe, will host multiple programs and formats for over 550 startups at its 2025 edition, taking place on October 1–2 in Bucharest. These programs are designed to support early-stage startups by offering valuable opportunities for growth, investor connections, and showcasing their innovations. “Our […]
Romanian state-controlled nuclear power producer Nuclearelectrica (SNN) posted a higher-than-expected net profit in the first half of 2025, as stronger financial income offset a surge in windfall tax expenses, brokerage firm Swiss Capital said in a note published on Monday on BVB Research Hub. The company booked a net profit of RON 867...
Romania’s Energy Ministry unveiled the energy voucher platform on Wednesday, August 20. Citizens with low incomes who register on the platform will receive aid worth RON 50 (EUR 10) per month to pay for their electricity bills. Not everyone is eligible for the state aid. Only single persons with incomes below RON 1,900 (EUR 375) […]
Romanian prime minister Ilie Bolojan will go on a working visit to the Republic of Moldova on Saturday, August 23 - his first as head of the executive. The visit will include a series of activities carried out together with the prime minister of the Republic of Moldova, Dorin Recean. According to the government, the […]
Romania’s famous Mud Volcanoes, located in the southern Buzău County, were recently scanned by experts from the National Institute for Earth Physics Research and Development with the help of drones equipped with modern sensors, in order to better understand the structure of the soil and the associated risks. INFP specialists, together with their partners Skyline […]
Romania’s residential market posted record apartment sales in July as buyers rushed to finalize transactions before the removal of the reduced VAT rate and the increase in the standard VAT from 19% to 21%, according to real estate consultancy Colliers. The VAT change came into effect as of August 1, driving a surge of last-minute […]
