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 general government budget deficit can drop below 6.5% of GDP next year, possibly approaching 6% of GDP, to further drop below 5% of GDP if the tax evasion and tax avoidance are addressed, the head of the Fiscal Council, Daniel Daianu, said, speaking in a conference organised by Curs de Guvernare, as reported by […]
The Purchasing Managers' Index (PMI) compiled by BCR Romania for the manufacturing sector plunged to 47.6 points in October – the weakest reading in seven months – dragged down by the deterioration in the volume of new orders and volume of actual output. The decline wipes out the progress seen over the past six months, […]
The Festivalul Brazilor de Crăciun/Christmas Tree Festival charity auction returns in December for its 25th edition, continuing a long-standing tradition of turning art into opportunity for children in need. Since its launch, the festival has raised more than EUR 10 million, with proceeds supporting the socio-educational integration of over 270,000 children. Organized by Save the […]
De ce este esențial un program de gestiune pentru magazine În comerț, viteza și acuratețea contează. Fiecare minut pierdut cu verificări manuale înseamnă timp și bani. Un program de gestiune magazin centralizează toate activitățile într-o singură platformă: recepția mărfurilor, evidența stocurilor, emiterea documentelor fiscale, vânzările zilnice și raportarea financiară. Prin automatizarea proceselor, magazinele reduc erorile […]
The local Google team now counts more than 400 people, having grown from a small staff of a few employees in November 2010, when the US company opened an office in Bucharest. The Bucharest technology hub is currently Google’s largest wearables development center in the EMEA (Europe, Middle East, and Africa) region, and the solutions […]
On Thursday, October 30, 2025, over 150 board members, executives, and thought leaders gathered at the InterContinental Athénée Palace Bucharest for the Future of Boards Awards Gala 2025, organized by Envisia, the first business school in Central and Eastern Europe dedicated to the professionalization of board members and governance leaders. The event recognized responsible leadership […]
