Romania's objective is to join the Organization for Economic Cooperation and Development (OECD) in 2026, the Secretary General of the Government, Mircea Abrudean, said on Saturday at the Forum of Small Towns in Romania.He emphasised that, after Romania's accession to the European Union and NATO, integration into the OECD is "the most important country objective," and, when our country will become a member of this organization, "small towns will be able to benefit directly from the expertise and know-how of cities from other member states" and "they will be able to take from the methods and solutions of innovative public services.""The greatest benefit of joining the OECD is represented by foreign direct investments. Any investor will have the guarantee of a performing economy and an administration at the highest standards of efficiency. You need investments the most, because they bring development, jobs of work and well-being," said Abrudean.On the other hand, he believes that "too little is said in Romania" about the subject of joining the OECD, even though it is about "an elite club of world economies.""We are talking about 38 countries, with the world's strongest economies, which, together, represent over 70% of global trade and services and over 90% of foreign direct investments. (...) To make a idea of what the credibility and guarantee of OECD standards means for investors, Romania officially opened the process of joining this forum in January 2022. The total of foreign direct investments in 2022 was almost 11 billion euros, a record figure, higher by two billion euros than in 2008, the historical year of reference until that moment, for foreign direct investments," added the Secretary General of the Government.
Romanian-born actor Sebastian Stan has been nominated in the category of "Best Actor in a Leading Role" for his performance in the film The Apprentice at the 2025 BAFTA Awards. Stan portrays Donald Trump in The Apprentice, focusing on the early years Trump spent in New York. The film depicts a young Trump as an emotional […]
Romanian authorities in coordination with the European Commission participated on Wednesday, January 15, in the urgent medical evacuation operation of 12 Palestinian patients from the Gaza Strip, along with 35 family members. Those evacuated are severely affected by the lack of access to adequate medical treatment. The operation was carried out with the involvement of […]
Romania’s state railway operator CFR Călători will receive 12 new electric trains, which will connect Bucharest with the largest cities in the country’s eastern counties. The trains, part of a contract with the Railway Reform Authority, or ARF, will connect Bucharest North station to Suceava, Iași, Galați, as well as Iași to Cluj-Napoca. According to […]
In a decision adopted in its Thursday meeting, the Romanian government approved May 4, 2025, as the new date for the first round of the presidential elections. The second round should thus be held on May 18, as agreed by the ruling coalition leaders last week. "Two government decisions and an emergency ordinance have been […]
Most of the excavation for the first tunnel built on a highway in Romania has been completed, and traffic could potentially be opened by the end of this year between Tigveni and Bucharest, a section of the Sibiu-Pitești highway. Romanian state officials noted construction work at Section 4 (Tigveni - Curtea de Argeș) of the […]
The European Bank for Reconstruction and Development, or EBRD, invested EUR 707 million in 44 projects in Romania in 2024 to support the country’s green transition, a sharp increase compared to the previous year, when it invested EUR 658 million spread over 23 projects. EBRD cooperates with private corporations, equity funds, banks, as well as local […]
