The Foreign Ministry (MAE) welcomes the approval by the Senate, as a decision-making chamber, of the draft law for the ratification of the Agreement on the implementation of the technical and financial assistance program based on a non-reimbursable financial aid of 100 million euros granted by Romania to the Republic of Moldova.According to the MAE, the agreement signed by the Romanian Prime Minister Nicolae Ciuca, and the Republic of Moldova's Prime Minister Natalia Gavrilita, on February 11, in Chisinau, during the joint meeting of those two governments, will be a main instrument through which Romania will grant, during the following seven years, support to the Republic of Moldova in its efforts for sustainable development and advancement on the path of reforms and integration into the European Union.Based on the projects financed by the agreement, Romania will participate in strengthening the resilience of the Republic of Moldova in sectors essential to society such as energy, transport and transport infrastructure, environmental protection and combating climate change, public works and infrastructure, small and medium enterprises, independent media, public administration reform, home affairs, health, education, culture and heritage, research, tourism, competitiveness and industry.The MAE states that the agreement signed on February 11 will take over and amplify the functions of the agreement between the two governments on the technical and financial assistance program based on a non-reimbursable financial aid of 100 million euros granted by Romania to the Republic of Moldova, signed on April 27, 2010 and expired on March 28, 2021. The 2010 agreement allowed Romania to finance some emblematic projects, such as the rehabilitation and modernization of over 1,000 kindergartens and schools in the Republic of Moldova or to ensure a contribution to the development of the Iasi-Chisinau gas pipeline, a strategic energy interconnection project between Romania and the Republic of Moldova.
Romania's current account (CA) deficit has narrowed marginally (-1.2% y/y) to EUR 2.66 billion in August 2025, bringing the CA gap in 12 months to August to EUR 29.6 billion (+17% y/y), or 8.1% of GDP, according to data published by the National Bank. The CA gap to GDP ratio thus eased slightly from 8.2% […]
PepsiCo has inaugurated a new beverage canning line at its Dragomirești-Deal plant in Ilfov county, near Bucharest, following an investment of USD 8.5 million. According to the official announcement, it is the only line of its kind operated by PepsiCo in the Eastern Balkans. The fully automated line has a production capacity of up to […]
Warner Bros. Discovery announced a new partnership with Edenred Romania, allowing users of the Edenred Benefit platform to subscribe to HBO Max directly through their employee benefits account. The collaboration aims to make premium entertainment more accessible to employees across Romania, the companies said. Starting October 10, Edenred Benefit users...
This year’s pilgrimage occasioned by the feast of Saint Dimitrie the New, Protector of Bucharest, will take place from October 19 to 29. The event is one of the most significant for the Romanian Orthodox Church in the capital. The faithful will be able to venerate, aside from the Holy Relics of Saint Dimitrie the […]
Classic Unlimited, the well-known organizer of classical music concerts in Romania, announced the launch of a new series of events dedicated to babies, pregnant women, and families, named Classic for Babies. Concerts with interactive sessions will take place in Cluj-Napoca (November 9), Sibiu (November 3), and Târgu Mureș (November 7), with two sessions per day, […]
More than one in three children in Romania, roughly 1.25 million, live in poverty, and the percentage rises dramatically to 75.8% for those whose parents have a low level of education, according to 2024 Eurostat data cited by Save the Children Romania. Children in rural areas face a much higher risk of poverty or social […]
