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.
Former US first lady Michelle Obama, the wife of Barack Obama, was in Bucharest on Thursday, September 18, to serve as the main guest at the second edition of the Impact Bucharest series of conferences. The former first lady spent about an hour in front of a large audience, speaking about her childhood in a […]
Czech president Petr Pavel spent a few days in Romania at the beginning of September while on holiday. According to statement by the Romanian Embassy in Prague, the Czech leader traveled mountain routes by motorcycle and chose modest accommodations. Pavel tried to see as much of what Romania had to offer. He planned his routes, […]
Romania is taking tangible action toward its green transition through sustainable infrastructure projects, public‑private partnerships and green bonds. Experts, government officials and business leaders have gathered today at the CES Bucharest ESG Conference, to present progress and identify solutions through which the public and private sectors can collaborate to build a sustainable and competitive economy. […]
Prime minister Ilie Bolojan announced that he will visit Brussels next week to talk to three European commissioners about deficits, defense, and EU financing. The first meeting will be with the commissioner for economy, Valdis Dombrovskis, as Romania “must adjust the issues related to deficits to be a trustworthy country, so as not to continue […]
A large majority of Romanians, namely 85%, have heard of celebrated composer George Enescu, according to the third edition of the Informat.ro – INSCOP Research Barometer conducted earlier this month. However, the survey shows a slight decline in cultural awareness compared to 2013, particularly among younger generations. The
The volume of trade between Romania and China was almost USD 9.3 billion in 2024, according to official statistics. Trade between the two, however, is not balanced. Romania registered a USD 7.7 billion deficit with China, and a USD 2.1 billion deficit in the first quarter of 2025 as well. The People’s Republic of China […]
