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 aims to add 2,500 MW of new capacity to its energy system by 2025, through investments in new energy-producing facilities and other projects co-financed with European funds. The government is eyeing facilities at Iernut, Mintia, Răstoliţa, and Năvodari for investment. “Energy is the heart of the economy. Without reliable and cheap energy, there is […]
The European Court of Human Rights ruled on Tuesday, January 7, that the Romanian state must return 17,000 hectares of land to the Borșa Landowners’ Association within 12 months of the decision becoming final. The claimants in the case are 53 Romanian citizens whose land was confiscated by the communist regime. The Court found a […]
Dacia Sandero will most likely be the best-selling car in Europe in 2024, according to preliminary data covering 97% of sales in the EU, European Free Trade Association countries, and United Kingdom. Looking at the provisional rankings, the Sandero leads the Top 10 with 247,210 units sold in the first 11 months of 2024, followed […]
NATO’s Exercise Steadfast Dart 25 is set to bring thousands of soldiers to the alliance’s eastern flank countries like Romania and Bulgaria, with the UK contributing a sizable force to the military show of strength. The exercise, taking place throughout January and February 2025 and reuniting forces from 10 NATO countries, is meant to practice […]
The first fixed speed detection devices have been installed on Romania’s A1 and A2 highways and the national road DN2 in Vrancea County as part of the e-SIGUR system. The offending drivers will have fines sent to their homes. The e-SIGUR system will monitor the main roads in Romania, aiming at higher degrees of safety. […]
A Hilton Garden Inn hotel is scheduled to open in Craiova, in southern Romania, in 2026, after local company Restaurant President signed a franchise agreement with international hotel group Hilton. The hotel will have 179 rooms, a restaurant, a fitness center, and several conference rooms, the local company announced. "Addressing both business tourists and those […]
