The report referring to challenges of crossborder cooperation with neighbour countries signed by the liberal (PNL)MEP Daniel Buda was adopted on Tuesday by the European Parliament plenum, gathered in Strasbourg, with 559 voted for, 20 against and 36 abstentions. The report mentions the fact that crossborder cooperation has three main objectives such as promoting economic and social development in border areas, approaching joint challenges for environment, public health or security, as well as creating better conditions for the mobility of people, goods and capital. “We are talking about a report involving 228 million citizens on both sides of the border, 33 countries and 186 regions. This report intends to point out realities and needs of these regions in the EU border area, connected to infrastructure development at various levels. If we speak about road infrastructure or about school or health infrastructuresm these areas have the possibility to access European funds to be able to develop even areas outside EU, such as Ukraine and Moldova,” said Daniel Buda in a briefing to Romanian journalists presented in Strasbourg on Monday. Daniel Buda, who is vicepresident of the Commission for agriculture and rural development, says that EU has such an approach due to a simple reasoning. “If we consider Ukraine or Moldova, EU wants to have powerful neighbours to be able to cope with major challenges that could appear in time, as it happened with Covid pandemic,” he explained.
Autonom Services, a mobility services company with bonds listed at the Bucharest Exchange, has entered into a credit facility agreement with a total value of EUR 300 million, with an option to subsequently increase the facility by up to EUR 50 million. The financing was attracted from a syndicate of banks that included Banca Transilvania, […]
The transaction between E.ON and the Hungarian company MVM regarding the assets of the former company in Romania was blocked by the Supreme Council for National Defence, former energy minister Sebastian Burduja announced on his Facebook page, cited by Bursa.ro. The decision was reportedly...
KMGI, which owns the Petromidia and Vega refineries in Romania, is operating normally, and no decision is currently being made on the privatisation of the holding, the press service of Kazakhstan's national oil and gas company KazMunayGas, which owns KMGI, said on November 25, as cited by Agerpres. ...
Three bidders, from Romania, the European Union, and the United States, are interested in buying the local assets of Russian group Lukoil, which include a medium-sized refinery, a filling station chain, and an offshore gas perimeter under exploration, Romanian minister of energy Bogdan Ivan announced, according to
The European Commission, under the Semester Package published on November 25, included Romania among the 19 of the 27 EU countries with compliant fiscal developments and prospects, based on the Report on action taken, submitted by the Romanian authorities on October 16. For nine Member States, including Romania, the Excessive Deficit Procedure (EDP) is held in abeyance, […]
West Side Christmas Market, the winter fair created by Untold Universe in partnership with Bucharest’s District 6 City Hall, will reopen on November 28 with an expanded program of concerts and holiday entertainment in Drumul Taberei Park. The fair, which runs until December 27, promises a larger, more immersive experience this year. The official opening […]
