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.
Romanian prime minister Marcel Ciolacu recently stated during an interview that foreign minister Emil Hureaznu will be replaced if he continues to send messages to private individuals, such as those addressed to Elon Musk, without consulting him. The warning comes after Emil Hurezeanu stated on Saturday, February 22, that Elon Musk’s support for Călin Georgescu […]
Romanian state-controlled gas producer Romgaz (BVB: SNG) reported a net profit of RON 3.22 bln (EUR 647 mln) in 2024, up 14.5% compared with the previous year. The company’s revenues went down by 11.9% to RON 7.93 bln (EUR 1.6 bln) because of lower...
The Romanian Parliament rejected the no-confidence motion initiated by far-right parties AUR, SOS Romania, and POT against the government led by Social Democrat prime minister Marcel Ciolacu. The motion received 147 votes in favor and one against during the lawmakers' meeting on Friday, February 28 - a figure lower than the 155 signatures with which […]
Nuclearelectrica (BVB: SNN), the company that operates Romania’s only nuclear power plant – Cernavoda, reported a net profit of RON 1.7 bln (EUR 343 mln) in 2024, down 31% compared with the previous year. The company recorded 37.6% lower revenues from electricity sales due to lower average...
In his first press conference since becoming interim president, held on Friday, February 28, Ilie Bolojan said that discussing peacekeeping troops in Ukraine is premature, since no peace agreement was reached. He also discussed increasing Romania’s defense spending, the relationship with the United States, and the reconstruction of Ukraine. The press conference was organised after Ilie […]
Investment company Solida Capital Europe entered the Romanian real estate market with the acquisition of the Victoria Center office building from Manova Partners, formerly Macquarie Group. The purchase price has not been disclosed. Victoria Center has a landmark position on Calea Victoriei, in the heart of Bucharest’s CBD. It offers roughly 8,600 square meters of […]
