The government approved at its Thursday's meeting, at the proposal of the Ministry of Public Works, Development and Administration (MDLPA), the negotiation and signing by Romania of the financing programs for transnational investments between Romania and Ukraine, the Republic of Moldova, and Black Sea countries, respectively.Between 2021 - 2027, the three programs will fund cooperation projects in areas such as emergencies, education, health, innovation, research, environmental protection, climate change, risk prevention, culture, tourism, safety, security and good governance, the Ministry said in a release.The Romania - Ukraine program has 54,050,004 euros assigned for investments in the border counties of Satu Mare, Maramures, Suceava, Botosani, Tulcea and the Zakarpattia, Chernivtsi, Odessa and Ivano-Frankivsk oblasts.The Romania - Republic of Moldova program has a budget of 77,298,439 euros, with the eligible area including the counties of Botosani, Iasi, Vaslui, Galati and the entire Moldovan territory, MDLPA said.The total budget of the 2021 - 2027 Interreg VI-B NEXT Black Sea Basin Program is 72,275,137 euros, the eligible area including Armenia, Bulgaria, Georgia, Greece, the Republic of Moldova, Romania (SE region), Turkey and Ukraine.Between 2021 - 2027, Romania participates in the three programs as Managing Authority, Joint Secretariat and Audit Authority, the cited source said.In order to ensure a transparent framework for institutional cooperation, the Ministry of Development, Public Works and Administration organized debates and posted all the documents related to the programming process on the websites www.blacksea-cbc.net, www.ro-md.net and www.ro-ua.net, for public consultation.The programs will be next submitted to the European Commission for approval.
Registrations have opened for Romania ClimAccelerator, the program supporting green startups that propose innovative solutions in areas such as urban mobility, renewable energy, climate-smart agriculture, sustainable cities, circular economy, industrial emissions reduction, environmental education, and responsible consumption. Startups will be selected in two categories: Pre-Seed Stage, for teams at the beginning of their journey that […]
The town of Pecica, in Arad County, western Romania, is set to build a lake and a modern year-round functioning thermal pool in a bid to attract Romanian tourists that have so far gone to Hungary for similar facilities. The town initially planned to use thermal water for the heating system of 13 public buildings. […]
APADOR-CH, one of Romania’s oldest human rights organizations, has called on President Nicușor Dan to clarify how the state intends to combat disinformation without infringing on freedom of expression. In an open letter published on June 14, the organization raised concerns about the president’s recent statement that he would bring the issue of online disinformation […]
Romania’s state-owned passenger railway operator CFR Călători has warned that insufficient public service compensation for 2025, combined with declining revenues, may lead to significant disruptions in rail transport, the company said in a statement issued on June 13. The carrier stated that funding for the upcoming year is expected to fall below 2024 levels, creating […]
Romania's gross external debt (not including the loans contracted by FDI companies from parent groups) increased by 12% y/y or EUR 16.5 billion in 12 months to April 2025, according to data published by the National Bank of Romania. The gross external debt (GED) reached EUR 158.2 billion, equivalent to 44.7% of the country's GDP. […]
Romania’s nominal GDP has reached EUR 354 billion in 2024 and EUR 358 billion in the four quarters to March 2025, nearly tripling from EUR 125 billion in 2009. While often cited as evidence of rapid economic expansion, this 182% increase over 15 years significantly overstates the country’s real economic progress, according to our calculations. […]
