Negotiations with the European Commission on the revision of the National Recovery and Resilience Plan (PNRR) have been concluded, with additional funding of EUR 1.4 billion included in the REPowerEU chapter, which will be an integral part of the PNRR, Minister of European Investment and Projects Adrian Caciu said on Thursday."Negotiations on the revision of the National Recovery and Resilience Plan have been concluded. Then, Romania's new National Recovery and Resilience Plan is with the European Commission. Why do I say new plan? Because this revised plan includes additional funding of EUR 1.4 billion on the REPowerEU chapter, which will be an integral part of Romania's National Recovery and Resilience Plan. We estimate that this inter-service debate within the Commission will be concluded somewhere around 21-22 November and the approval in ECOFIN (Economic and Financial Affairs Council, editor's note) will take place in early December," Adrian Caciu said at the end of the Government meeting.He explained that National Recovery and Resilience Plans are approved by the Council of Finance Ministers."On 8 or 9 December there will be this ECOFIN. The new National Recovery and Resilience Plan of Romania will no longer include that percentage of 9.4% of GDP for the public pension system," added the Minister of Investment and European Projects.
The forecasts made by managers in the second half of 2024, as expressed in the CONFIDEX study, were more pessimistic than the actual economic reality of Romania. The onset of the year, however, marked by surprising events, international geo-political tensions, and the unpredictability of the upcoming presidential elections in Romania, may heighten the caution levels […]
Arval Romania has recently launched Arval Re-Lease, a new service dedicated to the local market focusing on the leasing of used vehicles that have completed an operational leasing contract. Arval Re-Lease is designed to meet the common needs of companies, offering comprehensive solutions to reduce costs associated with vehicle rental, insurance, and maintenance services. Arval […]
Bogdan Crețu’s novel Mai puțin decât dragostea/ Less Than Love is Romania’s nomination for this year’s European Union Prize for Literature (EUPL). The European Union Prize for Literature (EUPL) recognizes emerging fiction writers from the European Union and beyond. Each year, national juries choose their proposal in a rotating selection of countries participating in the […]
Interim president Ilie Bolojan is attending the European Council in Brussels on Thursday, March 6, to signal Romania’s position in favor of strengthening NATO's European pillar, supporting Ukraine, and increasing defense spending. He also met with several European leaders before the summit, including the next chancellor of Germany. European leaders met in Brussels to discuss […]
Russia carried out 34 hybrid attacks against Romania in 2024, according to a report presented in the Italian Parliament, based on information published by Romanian authorities regarding last year’s annulled presidential elections. On March 3, Italy’s ambassador to Bucharest, Alfred Maria Durande, announced that foreign forces were involved in the 2024 presidential elections in Romania....
Le Bistrot Français, part of the prestigious hospitality associations Relais & Châteaux, has started a collaboration with Chef Tom Meyer, one of the most appreciated French cooks, awarded by the Michelin guide and holding the title of Meilleur Ouvrier de France. Starting Monday, March 3, the restaurant’s menu will bear his signature, marking a special […]
