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.
The BCR Romania Manufacturing PMI index has further slipped to 47.2 in November from 47.6 in October, signalling that the downward momentum which began last month has persisted. Not only the output sub-indicator, but also the new orders have deteriorated marginally compared to October and significantly compared to September, when the index neared the 50-point […]
Prime minister Ilie Bolojan will travel to Vienna on December 3-4 for an official visit mainly focused on energy cooperation and strengthening bilateral ties. The visit takes place at the invitation of Austria’s federal chancellor, Christian Stocker, according to the official announcement from...
Nhood, an integrated real estate services and solutions company present in 10 European countries, including Romania, has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. With nearly 20 years of experience in the real estate sector, Mihaela brings robust expertise in property management and leasing, operational […]
“Catane,” a dark comedy inspired by real events and directed by Ioana Mischie, is set to have its first special screenings in Romania after a successful festival circuit. The film had its world premiere at the IFFI Goa festival in India and was nominated this year at the Hollywood Music in Media Awards for Best […]
Romania is among the European countries where water reserves are decreasing at an alarming rate, according to an analysis carried out by researchers from University College London in collaboration with The Guardian and Watershed Investigations. Scientists analyzed data from the period 2002–2024 provided by satellites that monitor changes in the Earth's...
George Smyth, 18, went missing on a hike near Romania’s famous Bran Castle more than a week ago. On November 23, the British citizen started to suffer from hypothermia and exhaustion and called the emergency services. Trying to locate him, mountain rescue services conducted searches over the next few days but were only able to […]
