Custodian of the Crown of Romania, Margareta, and her spouse Prince Radu welcomed on Monday at the Elisabeta Palace visiting President of the Moldovan Parliament Igor Grosu, with talks focusing on aspects related to the domestic and foreign contributions of the Romanian royal family to Moldova's EU accession."I had the opportunity to meet again with Her Majesty and His Royal Highness, true ambassadors, friends and supporters of the Republic of Moldova; as I was in Bucharest, it was only fit for me to answer their invitation for us to meet, to discuss and get updated about the progress made by the Republic of Moldova. I thanked for the help offered, for their entire contribution. On December 14, 2023, the European Union adopted a historic decision for the Republic of Moldova - the opening of accession negotiations. The Royal House of Romania has made its contribution, not always displayed in the public eye, but we are aware of the occasions when they brought our cause into discussion, argued and convinced friends from the West, from the European Union, from Western capitals, how important this decision is for the Republic of Moldova. We thanked once again and we further count on help and support," Igor Grosu said in a press statement."What [we need] now is expertise and immediate support at the actual launch of the negotiation process, and here we rely heavily on Romania's help. Otherwise, technical assistance, experts, people who participated in the negotiation process, who have experienced firsthand what this means. We heartily invite them, as we are hiring to important positions in the Republic of Moldova," stated Grosu."We discussed ways how Her Majesty can support in 2024, through action in the country, in the Republic of Moldova and the European capitals, the European path of Moldova. The Crown Custodian has publicly stated the commitment of the Romanian Crown for the European path of the Republic of Moldova as early as in 2013," the Royal Family of Romania wrote on Facebook.
Romania has become the EU country with the highest unemployment rate among young people under 25 (26.3%), according to official Eurostat data published in December 2024 and analyzed by the Social Monitor, a project of the Friedrich Ebert Foundation Romania. Thus, Romania surpassed states such as Spain and Greece, where youth unemployment has always been […]
In its half-year report for the second half of 2024, TikTok said it blocked 33,000 spam accounts in Romania and nearly 100,000 fake accounts. It highlighted its intense activity in blocking fraudulent activity related to Romania, particularly during the electoral campaign, indirectly admitting the...
Moldovan president Maia Sandu has acknowledged that some local entrepreneurs are transferring capital to Romania due to its stability as a European Union and NATO member state. Speaking about the country's economic stagnation in 2024, when GDP grew by only 0.1%, and the technical recession in the second half of the year, Sandu highlighted concerns […]
Battery Energy Storage Systems (BESS) are set to become a central component of Romania's power system, according to Oxford-based Aurora Energy Research, whose analysts see investments in Romania's BESS totaling several gigawatts of capacity and several billion euros over the next decade. Aurora pointed to both the opportunities and the risks and uncertainties associated with […]
Romania’s insurance market grew by 11% year-on-year in 2024, reaching a total gross written premium volume of RON 23.4bn (EUR 4.7bn), according to a report published on 1 April by the Financial Supervisory Authority (ASF). General insurance accounted for 81% of total underwritings, while life insurance represented 19%. The total value of insurance premiums for […]
Romania’s authorities are reportedly negotiating with Turkish company Desan Shipyard, which is pondering the option of taking over the activity of Damen Shipyards Mangalia, abandoned last year by its 49% strategic shareholder Damen and currently under insolvency, according to
