President of the European Commission Ursula von der Leyen is coming to Bucharest today as part of her NextGenerationEU series of visits.She is scheduled to meet President Klaus Iohannis and Prime Minister Florin Citu.At 16:00hrs, von der Leyen will be welcomed at the Cotroceni Presidential Palace by Iohannis, and at 16:50hrs she will meet Prime Minister Florin Citu at the Government House.Subsequently, the three officials will tour the Bucharest University Emergency Hospital, which qualifies for funds under the NextGenerationEU programme, and will hold a joint news conference.The main purpose of von der Leyen's visit is to deliver an assessment of Romania's National Recovery and Resilience Plan (PNRR)."To Romania, the National Recovery and Resilience Plan is not only the document based on which we will be able to get 29.2 billion euros, but also the guarantee that investments and reforms will be the coordinates of the coming years. Romania is naturally adhering to the goals that characterise developed economies: modernisation of transport and medical infrastructure, green economy, digital transformation. I appreciate the collaboration with our European partners for the completion of PNRR. The government is ready to draw the funds that Romania will benefit from and determined to implement the reform programmes," PM Citu said on Friday.PNRR is divided into 15 components covering six pillars: green transition; digital transformation; smart, sustainable and inclusive growth; social and territorial cohesion; health, economic, social and institutional resilience; next-generation policies.
The share of companies predicting a reduction in the number of employees in the upcoming year has increased to 11% in January 2025 from 2% same time last year, according to the HR Barometer survey conducted by PwC Romania. Fiscal measures taken by the government to reduce the budget deficit, such as the elimination of […]
The Veranda Mall shopping center, located near Bucharest’s busy Obor market, is up for sale and has reportedly caught the interest of real estate investors AFI Europe and M Core, Profit.ro reported. The mall is currently owned by the Pogonaru...
Romanian prime minister Marcel Ciolacu announced that a team of lawyers contracted by the government managed to block the sale of the painting Saint Sebastian by the renowned artist El Greco, which is part of Romania’s heritage. Ciolacu added that earlier this month, the government mandated lawyers to pursue the recovery through legal proceedings at […]
Romania’s eMAG and HeyBlu, a financial services company owned by the eMAG group, have announced the acquisition of Orange Money by taking over 100% of its shares. The transaction is part of eMAG’s strategy to expand and diversify its financial services, the company said. “The acquisition of Orange Money is part of eMAG’s strategy to […]
The Romanian Olympic and Sports Committee (COSR) announced the team for the European Youth Olympic Winter Festival (EYOF) Bakuriani 2025, which will take place in Georgia from February 9 to 16. Twenty athletes will compete in four disciplines, namely biathlon, alpine skiing, cross-country skiing, and snowboarding. The biathlon team comprises eight athletes, evenly split between […]
Only 28% of teenagers in Romania aged 11-15 engage in the minimum required level of physical activity and sports to maintain good health, according to a study conducted by the World Health Organization cited on High5 Podcast. Additionally, only 23% of them perform sufficient moderate and intense physical activities for their stage of development, which […]
