President Klaus Iohannis said on Wednesday that, after the informal meeting of the European Council, the European Commission has committed itself to come up with some solutions on increasing energy prices."We had an informal discussion last night and I think two conclusions are very important, which were drawn from the discussions that lasted until late at night. The first is related to the way in which we, the EU, see ourselves in the global politics, the conclusions are good for us and important. Everybody stressed the importance and relevance of NATO and the importance, relevance and need to keep the transatlantic relationship strong. On the other hand, we had a first discussion about energy prices, especially electricity prices, and we agreed to speed up all the steps. The Commission has committed itself and we expect it to keep to this issue, to come very quickly, within a week, with an approach proposed by the Commission that has to come up with some solutions, because we cannot pass the winter with increasing electricity prices," the president said.He also specified what the discussions at the EU-Western Balkans Summit, taking place in Slovenia, will be aimed at."Today we are discussing about the states in the area, there are six states that all want to become members of the European Union, there are economic issues, there are issues of conditionalities, but the most important thing here is that we, in the Union, want to give a European perspective to the states of the Western Balkans, and these states obviously want to confirm their interest in becoming member states and are willing to meet all the conditions. So today I do not expect complicated discussions, everyone wants us to make progress in these accession processes," Iohannis said.The Romanian president attended the EU-Western Balkans Summit in Slovenia in Brdo on Wednesday. On Tuesday, Klaus Iohannis attended the informal meeting of the European Council, also held in Brdo.
Romanians celebrate Saint Nicholas (Sfântul Nicolae) on December 6, a tradition that has grown far beyond its religious roots and signals the official start of the holiday season. The day is especially beloved by children, who eagerly prepare their freshly polished boots in hopes of finding small gifts in the morning. Many Romanians also celebrate […]
The newest episode of Voices of Romania, Romania Insider’s interview series, is now available on Spotify, YouTube, Apple Podcasts, Deezer, and all...
ASFAT, a wholly state-owned company operating under Türkiye’s Ministry of National Defence (MoND), has signed an agreement for the delivery of the light corvette Akhisar to the Romanian Naval Forces. This transaction represents a milestone for Türkiye’s defence industry, as it is the first international sale of a combat ship built in Türkiye to a […]
Wind projects with a total capacity of almost 316 MW have been declared winners in the third auction under the Contracts for Difference (CfD) scheme, above the minimum threshold set by the Ministry of Energy, according to sources quoted by Economica.net. The third auction was organised because of insufficient projects approved under...
Fitch Ratings has affirmed the long-term Issuer Default Rating (IDR) of Romania-based, state-owned bank CEC Bank at BB/stable, its Viability Rating (VR) at bb, and Government Support Rating (GSR) at b, based on the bank's moderate, albeit strengthening, business profile, adequate capitalisation, and reasonable funding and liquidity. This puts the Romanian bank's rating two notches […]
Romania's Ministry of Transport blocked a key procedural step required for the listing of Bucharest Airports Company on the Stock Exchange (BVB) after opposing an item on the shareholders' agenda concerning the resumption of the auditor selection process. The vote took place at the end of November, following a request by Fondul Proprietatea, which holds […]
