Romania will have to allocate approximately 2% of GDP annually over the next 10 years, representing the financial contribution related to European-funded projects, to which is added the demand to complete the entire infrastructure presented in the Investment Plan for the development of transport infrastructure for the period 2020 - 2030.The Ministry of Transport and Infrastructure (MTI) published, on Friday, in public debate, the draft Government Decision on approving the Investment Plan for the development of transport infrastructure for the period 2020 - 2030, the deadline for receiving proposals and comments being December 14, 2021.According to the substantiation note that accompanies the draft normative act, the Investment Plan develops a strategy of ensuring the necessary financing for the 10 years of implementation starting from the correlation of the main financing sources available to Romania: PNRR, POT, CEF 2.0 and the national budget.In total, the financing need for all transport sectors in Romania over the next decade is 72.77 billion euros. Of this amount, 34.19 billion euros is dedicated to road infrastructure, 20.63 billion euros to railway infrastructure, 10.7 billion euros to metro infrastructure, 4.46 billion euros to naval infrastructure and 2.79 billion euros dedicated to airport infrastructure.The maximum estimated allocations for European funding are 40.78 billion euros (of which 13.43 non-reimbursable external funds and 27.35 maximum contribution from the state budget, including the over-contracting mechanism), resulting in a deficit of 31.99 billion euros, which can be covered from the state budget, respectively by external loans and private funds.
The Romanian Hydrogen and New Energy Technologies Hub, or Ro-HydroHub, a strategic project aimed at advancing hydrogen-based technologies, was officially launched on Thursday, March 13. The initiative, which is funded through the Smart Growth, Digitization, and Financial Instruments 2021-2027 Program (PoCIDIF), represents a nearly EUR 140 million investment and seeks to modernize Romania's energy sector […]
The town of Florești, near Cluj-Napoca, kicked off the construction of the "Historical Gallery of Transylvania" Museum Complex, the first museum built from scratch in Romania in the last 100 years. The investment amounts to RON 145.8 million (EUR 29.2 million). The museum, built on a surface of 15,583 square meters, is dedicated to all ethnic […]
US president Donald Trump told NATO secretary general Mark Rutte that he supported him in the race for the current position against former Romanian president Klaus Iohannis. However, Trump did not name Iohannis directly, despite him being Rutte's only competitor. During the recent discussions in the White House, Donald Trump emphasized that there was another candidate […]
Measles cases in the European Region have reached alarming levels in 2024, with Romania reporting the highest number. According to an analysis by the World Health Organization (WHO) and UNICEF, 127,350 measles cases have been reported across 53 countries in Europe and Central Asia, marking a doubling of...
Vladimir Tismăneanu, a well-known professor of political science and director of the Center for the Study of Post-Communist Societies at the University of Maryland, announced on Friday, March 15, that he has decided to renounce the title of Doctor Honoris Causa awarded by the National School of Political and Administrative Studies (SNSPA), after the university […]
A restaurant in the Brâncovenesc Salon of the Palace of Parliament was closed on Thursday, March 13, by inspectors from the National Authority for Consumer Protection (ANPC), announced the institution led by Cristian Popescu Piedone. Inspectors said they found products past their expiration date and irregularities regarding food storage, according to Hotnews.ro. ...
