Ministers from Greece, Bulgaria and Romania held a working meeting in Sofia on Thursday to discuss the development of a transport corridor which will start from the port of Alexandroupolis and end in ports of the Black Sea and the trade routes of the Danube, through Bulgarian https://www.ekathimerini.com/ reports. In practical terms, the corridor will give Alexandroupolis a pivotal role in the supply chain and international trade. Emphasis was placed on both cross-border rail and road connections, which despite showing greater maturity and development, actually need to be improved in order to keep all possibilities open in the future and to promote intermodality. The three ministers, which included Infrastructure and Transport Minister Christos Staikouras, will soon sign the relevant Memorandum of Understanding. Through the Trilateral Cooperation with Bulgaria and Romania, as well as Greece’s participation in the new European Corridor Baltic Sea – Black Sea – Aegean Sea, the country is connected with neighbouring Bulgaria and Romania, as well as Central Europe, Moldova and Ukraine.
The main risk for Romania's macroeconomic balances rests in the budgetary area and are related to the commitment for full implementation of the first and second packages this year and in 2026 – but even under the best case scenario, the measures legislated so far would not bring the general government deficit lower than 6% […]
International rating agency Moody's on September 12 affirmed Romania's Baa3 sovereign rating with a negative outlook, pointing to the risks related to the implementation of the fiscal consolidation measures through 2026 and the urgency for the government to present a detailed plan for continued deficit reduction also in 2027 and beyond. "[W]e remain firmly committed […]
Pulitzer Prize winner Junot Díaz, Tracy Chevalier, the author of the international best seller Girl with a Pearl Earring, and French author Michel Bussi, known for his widely translated thriller novels, are among the authors set to attend this year’s Iași International Literature and Translation Festival (FILIT), the largest literary festival in the country. They […]
Bucharest is about to welcome a culinary moment like no other. This September, the JW Marriott Bucharest Grand Hotel will host Michelin-starred Chef Theodor Falser - a name synonymous with nature-inspired haute cuisine - for three exclusive evenings that promise to delight the senses and tell stories through food. The Chef Who Cooks Nature Theodor […]
The International Monetary Fund (IMF) has endorsed Romania’s latest fiscal measures, forecasting that the economy will grow by 1% in 2025 and 1.4% in 2026, the government said Friday, September 12, after talks with a visiting IMF delegation. The delegation, led by Joong Shik Kang, met prime minister Ilie Bolojan in Bucharest to discuss the […]
The George Ciprian Theater in Buzău has unveiled “E-Waste E-Motion,” the first performance in Romania in which all characters are played by small autonomous robots, blending art, technology, and sustainability in an experimental theatrical project. “E-Waste E-Motion” is part of a broader artistic research initiative supported by the National University of Theatre and Film (UNATC) […]
