Interim President Ilie Bolojan will participate in the Three Seas Summit Warsaw 2025 on Tuesday.Ilie Bolojan will deliver a speech in the first part of the day, in the segment dedicated to heads of state and government, at the Three Seas Initiative Business Forum.The interim president will then participate, together with several heads of state from the region, in the high-level meeting to be organized at the Royal Castle in Warsaw.Ilie Bolojan arrived in the Polish capital on Monday evening, when he is invited to the official dinner hosted by Andrzej Duda.The summit in Poland marks ten years since the implementation of this initiative, and discussions will focus on regional interconnectivity in transportation and energy, as well as current security issues.The Three Seas Initiative is a flexible and informal political platform at presidential level, bringing together the 12 EU Member States between the Adriatic, Baltic and Black Seas (Austria, Bulgaria, Croatia, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia, Slovenia, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia and Slovenia). Greece became the 13th country to join the Three Seas Initiative two years ago.The initiative aims to increase convergence and cohesion, while reducing the economic development gap between different areas and EU Member States, by increasing interconnectivity in the region, in the fields of energy, transport and digital. The basic principles of the Three Seas Initiative are promoting economic development, increasing cohesion at European level and strengthening transatlantic ties. (Photo:https://3seas.eu/media/news/sherpas-of-the-three-seas-initiative-warsaw)
Cris-Tim Family Holding (BVB: CFH), the market leader in cold cuts and ready meals in Romania, reported revenues of RON 853.1 million (EUR 170 million) for the first nine months of 2025, a 3% y/y increase, supported by 5% growth in the Cold Cuts segment and a strong 21% advance in ready meals. Profitability improved […]
Romania’s Fiscal Council expressed cautious optimism that the fiscal measures adopted in the second half of 2025 could reduce the budget deficit to around 6.5% of GDP in 2026, according to its assessment of the second budget revision approved by the government. The Council stated that such an outcome would represent a significant improvement from […]
Romania’s public debt increased by another RON 14 billion (EUR 2.8 billion) in August after the RON 30 billion leap in July, to reach RON 1.084 trillion (EUR 213.8 billion) at the end of the month, according to data published by the Finance Ministry. After the Treasury raised nearly EUR 5 billion with FX bonds […]
The Conservation Carpathia Foundation has been awarded the Order of Merit of Germany for its long-term conservation work in Romania’s Făgăraș Mountains. Its executive directors, Barbara and Christoph Promberger, received the distinction from president Frank-Walter Steinmeier during an official ceremony held on December 1 at Schloss Bellevue in Berlin. The ceremony honored 20 individuals whose […]
Romania has chosen its first team to compete in the prestigious Bocuse d’Or Europe culinary competition, marking the country’s official entry into the global Bocuse d’Or circuit. Chef Vasilică Bejenaru, together with coach Liviu Preda and commis Andrei Fabian Lupoi, won the inaugural National Selection held last week in Brașov. The team will represent Romania […]
President Nicușor Dan used his National Day speech on Monday, December 1, to offer a blunt view of Romania, which he said is still “a corrupt country,” but noting that the situation has improved over the past 20 years. Speaking at the Cotroceni...
