Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. NATO Deputy Secretary General: Special focus on Black...

NATO Deputy Secretary General: Special focus on Black Sea, Western Balkans at NATO Summit in Washington

August 7, 2024

The North Atlantic Alliance (NATO) summit starting July 9 in Washington, D.C., United States of America, is a historic summit and will put special emphasis on the Black Sea region and the Western Balkans, NATO Deputy Secretary General Mircea Geoana said on Monday evening."We are celebrating 75 years since the founding of our alliance, an alliance that has ensured peace, stability and security for member states in the past, present and future. It is rightly considered the most important and successful alliance in human history. So, a historic anniversary, but also a historic moment of unprecedented complexity. Indeed, Europe's security is being shaken by Russia's war against Ukraine, the situation in the Middle East remains very complicated, and in the Asia-Pacific region things are not as peaceful as we would like them to be. It is a time of great transformation and this summit in Washington, where our leaders will come together to make truly historic decisions, is trying to respond to the challenges as we have done throughout history. One - defense and deterrence on every square inch of Allied territory, including on the Eastern Flank, including here in Romania. There will be a special focus on the Black Sea, on the Western Balkans in general, on the challenges that the aggressiveness of the Russian Federation brings us and will continue to bring us," Mircea Geoana told private broadcaster Antena 3.Other topics that will be addressed, according to the NATO Deputy Secretary General, are defense production and the "wise" use of defense funds."Times are complicated. We need a strong military, we need top quality national and collective security. We will also discuss what this means for the revival of the defense industry in Europe and, I hope in our country, in Romania, as well, because we have engineering potential, potential for well-paid jobs and it is good to be prepared to take advantage of this inflection point," he added.Support for Ukraine, backing for the Republic of Moldova, "which is under an extremely vicious hybrid assault from the Russian Federation", and ways in which NATO countries will be able to counter Russian aggression are other topics of discussion."Russia has neither the potential nor the intention to attack us militarily, but it will use any kind of tool, from cyber attacks, disinformation, using and interfering in our elections, attacks against critical infrastructure of our alliance, so, an area of maximum attention to the growing aggressiveness of the Russian Federation," the NATO official emphasized.Mircea Geoana pointed out that the way European and global security will look for decades to come will depend on how the war in Ukraine will end.As far as the Romanian Army is concerned, he said "there is still a lot to invest"."We are on the right track and, as long as we have a political consensus in Romania, beyond the electoral cycles, beyond one president or another, beyond one government or minister or another, we will be able to give our army what it needs from us, what we need from them. We cannot leave it to others to defend us. We also need military power and the rebirth of the defense industry in Romania," Mircea Geoana added.The North Atlantic Alliance (NATO) summit begins on July 9, 2024 in Washington, D.C., at the Walter E. Washington Convention Center, where for three days (July 9-11) the leaders of the organization's member and partner states will discuss the most important issues on NATO's current agenda, marking the 75th anniversary of the North Atlantic Treaty Organization in a historic setting, according to https://www.nato.int.

Read in full - click here
Romanians expect higher Christmas spending this year, study shows

Romanians are preparing to spend more this Christmas compared with last year, according to a new Raiffeisen Bank study conducted in partnership with research platform Appinio. The survey showed that 65% of respondents expect higher holiday expenses in 2025, while 26% anticipate spending similar amounts to 2024. Half of those surveyed allocate between 25% and […]

Romania’s Electric Castle named “International Festival of the Year” at UK Festival Awards 2025

Romania’s Electric Castle was named ‘International Festival of the Year’ at the 20th edition of the UK Festival Awards. The Romanian event triumphed over major international contenders, including Afro Nation (Portugal), Beyond The Valley (Australia), Open’er Festival (Poland), Sziget Festival (Hungary), and Way Out West (Sweden),

Romanian president returns amendments strengthening extremism law to Parliament

President Nicuşor Dan, on December 4, returned to Parliament amendments tightening Romania’s law against extremism, arguing that several provisions are vague and risk enabling abuses, according to a statement released by the Presidency. The Constitutional Court had previously upheld the amendments after the Presidency challenged them, prompting criticism from organisations within the Jewish community. By […]

Fitch affirms BBB-/negative rating for Romania's leading lender Banca Transilvania

Fitch Ratings on December 4 affirmed the long-term Issuer Default Rating (IDR) for Romania's largest lender, Banca Transilvania (BVB: TlV), at BBB- with a negative outlook, in line with the country's sovereign rating.  The price of the bank's shares rose 1.2% on the day the rating agency announced its decision, bringing the bank's market capitalisation […]

Romania reportedly decides to only supervise local Lukoil refinery during ownership transfer

The Romanian authorities will only supervise the operations at Lukoil’s Petrotel refinery and not be involved in its management until a new owner is found, according to an emergency ordinance approved by the government in Bucharest this week, as reported by Hotnews.ro. Russian group Lukoil is seeking buyers for its...

Romanian coffee shop chain ‘5 to go’ teams up with Oscar filling station network

The ‘5 to go’ coffee shop chain announced the signing of a partnership with the national gas station network RO concept OSCAR, owned by businessman Alin Niculae, according to Economica.net.  The gas station network has reached 120 strategically distributed stations nationwide, of which more than 90 are franchised under the RO concept...