Greece is interested to expand economic cooperation with Romania in vital sectors for both countries, such as health, energy, transport, constructions, food industry and agriculture, informs the Ministry of Finances.According to a post on the Facebook page of the institution, the minister of finances, Marcel Bolos received on Wednesday the visit of the delegation of the Embassy of the Hellenic Republic to Romania, both states having, besides the geography which determines common projects and strategic collaboration both in the EU and in the NATO. To start, the ambassador of the Hellenic Republic to Romania, Evangelia Grammatika welcomed the efforts of the authorities in Bucharest in favour of accession of Romania to the Schengen Area and OCED. Similarly, she manifested the support of the government in Athens in reaching the objective of accession to OCED which would give Romania financial stability and the guarantee of a safe destination of foreign investors."In order to ensure sustainable economic growth, Romania is considering a predictable fiscal framework to attract foreign investors and vital projects with a major impact on the economy, such as transport, hospital and education infrastructure," Finance Minister Marcel Bolos said in the MF press release. At the same time, Evangelia Grammatika expressed its willingness to expand bilateral economic cooperation in sectors vital to Romania and Greece, such as health, energy, transport, construction, food industry and agriculture. In order to achieve these objectives, Minister Marcel Bolo? expressed his openness to attract foreign investment. With 8,678 companies registered in Romania, Greece ranks 7th in terms of the value of capital subscribed in the list of countries investing in Romania.
The number of people in Romania at risk of poverty stood at 3.59 million people in 2024, 375,000 fewer than in 2023, representing a 9.4% decrease, according to data from the National Institute of Statistics, or INS. Despite the improvement, nearly one in five Romanians was affected by poverty last year. According to INS, 19% […]
The European Public Prosecutor’s Office (EPPO) in Cluj-Napoca carried out multiple searches on Tuesday, July 1, at the Sibiu International Airport and the Sibiu County Council as part of an investigation into suspected fraud involving a EUR 54 million EU-funded infrastructure project. A total of 24 locations were searched across Bucharest, Brașov, and Sibiu county, […]
A Romanian taxi driver who scammed 90-year-old Nigerian Nobel Prize laureate Wole Soyinka was detained by police on Sunday, June 29, according to media reports. On Friday, June 27, the venerable Nigerian arrived at Bucharest's Otopeni Airport. He got into a taxi and asked to be taken to a hotel downtown. At the destination, the […]
Costin Șerban, a Romanian entrepreneur, is digitalizing the construction sector in the United Kingdom with an ERP (enterprise resource planning) solution developed over 12 years and an investment of GBP 1.6 million (EUR 1.86 million). Șerban’s cloud-based ERP platform is called Abilo, was developed by the Romanian IT company Obi Systems, and is dedicated to […]
Border checks between Bulgaria and Romania have officially been lifted on July 1, as part of the implementation of the Schengen Agreement. The lifting marks the end of the transitional period of heightened control at the internal border, which had remained in place for six months following their accession to the Schengen area by land […]
Remus Vulpescu became CEO of the Bucharest Stock Exchange (BVB) on Tuesday, July 1, taking over from Adrian Tănase as the stock exchange grapples with a market dominated by government bonds. Vulpescu, 53, is a graduate in political and legal sciences from the University of Bucharest and holder of an EMBA obtained in 2017. He […]
