Romanian President Klaus Iohannis attended the opening of the United Nations Conference on Climate Changes in Paris on Monday, on which occasion he said the Agreement in this field should be legally binding and the participating countries should make a proper contribution.According to a release issued by the Presidential Administration, Iohannis spoke in an address about the "major challenge" posed at a global level by the climate changes and argued in favour of common actions in this respect. He underlined that it is important for the Paris Agreement on climate changes to be legally binding, to ensure the participation of all the parties to the U.N. Framework Convention on Climate Changes and include commitments to curb the emissions from all the involved parties. At the same time, the Romanian president stressed the Agreement should allow the participating states to make an adequate contribution to the collective effort of maintaining the global average temperature rise below 2 degrees Celsius, in a manner that should correctly reflect the responsibilities and capabilities they have available (including in terms of the financial contributions), while at the same time creating opportunities for sustainable development for all. Iohannis underscored that the global transition to a low-carbon emission economy should be part of our legacy for the future generations, the President's Office said.
Romania still holds the highest road fatality rate in the European Union (EU), with 77 deaths per million inhabitants, despite declines of 4% in 2024 compared to the previous year and 21% compared to 2019, according to preliminary figures published by the European Commission (EC) on March 18. The EU average was 44 road deaths per […]
Salina Praid, one of Europe's largest salt mines, will host Romania’s first underground gastronomic festival, Taste of Transylvania Underground, from March 28 to 30. The event will showcase top chefs from Romania and Hungary, including Michelin-starred restaurants, in an extraordinary setting 100 meters below ground, local news agency
On March 18, InterCapital Asset Management (ICAM), the largest independent investment manager in Croatia, listed its second ETF (Exchange Traded Fund), tracking Slovenia’s main stock market index. The ETF’s full name is InterCapital SBITOP TR UCITS ETF and it trades on the Bucharest Stock Exchange (BVB) under the ticker symbol ICSLOETF, replicating the SBITOP TR […]
Bucharest Coffee Festival returns this weekend, from March 21 to 23, at Hala Laminor, bringing together coffee professionals and enthusiasts from Romania and abroad. The 2025 edition will host over 200 exhibitors, including producers, roasters, and distributors, across a 5,000-square-meter space. Attendees can explore a wide variety of specialty coffee, accessories, and brewing equipment, with […]
The National Authority for Consumer Protection in Romania, or ANPC, has put forward for public consultation an order that will require economic operators to inform consumers about the commercial markup applied to marketed products, relative to the producer's base price. In the draft order, ANPC argues that the consumer’s right to information is a fundamental […]
Romanian tax agency ANAF has put up for sale the factory of infamous disinfectant-maker Hexi Pharma. The company was involved in a major scandal regarding diluted disinfectants delivered to hospitals years ago. The controversial company, now in insolvency, has debts of RON 17.6 million to the Romanian state, and the Prosecutor's Office attached to the […]
