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.
Roughly 8 out of 10 chief financial officers, or CFOs, from Romania’s largest companies say they now need constantly updated financial forecasts, unlike previous years when the focus was primarily on financial results, budgeting, and accounting, according to Inulta, a company specializing in Corporate and Enterprise Performance Management. The forecasts come to offer a degree […]
Romanian prosecutors have placed a precautionary seizure on the accounts and assets of the mercenary Horațiu Potra, in a case of tax evasion, embezzlement, and money laundering. The measure targets over RON 24 million, nearly 30 kilograms of gold, a property in Bucharest, and 11 properties and apartments in Sibiu. According to investigators cited by […]
The first sales figures from two of the largest European markets, France and Germany, both major markets for the Dacia brand, show that the debut of the carmaker's largest SUV, the Bigster, has been impressive. June data on car registrations in Germany show that the Dacia Bigster managed to sell 1,227 units in its second […]
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The TIFF Unlimited Caravan is hitting the road for the 16th consecutive year, bringing a diverse selection of Romanian and international films to audiences across the country. From July to September 2025, the traveling film series will stop in ten towns and cities, offering outdoor and indoor screenings of comedies, love stories, and family-friendly films. […]
Home sales decreased by 3.4% in Romania in the first six months of 2025 when compared to the result registered in the same period last year. Sales were down 7.9% in Bucharest and Ilfov in the same period, according to a market analysis issued by real estate consultant SVN Romania and based on official statistics […]
