Our desire is to receive another Patriot system in exchange for the one donated to Ukraine, but I think we will also get systems that will be delivered faster as compensation, the president of Romania, Klaus Iohannis, said on Wednesday, in Washington, while participating in the NATO anniversary summit from July 9-11."We support Ukraine, we support the Republic of Moldova, we donate Patriot - because we can and because we think it is right. Romania has transformed from a state that begged to receive help of any kind to a state that has the strength, energy and capabilities to export security throughout the region. Romania has become safer, stronger and more involved, especially in the last 10 years. Our claim is that when we donate high-capacity systems, like Patriot, we will be reasonably rewarded," Iohannis told a press briefing for Romanian journalists."In CSAT, we discussed this issue in detail a few days ago and gave a mandate to the minister of Defense and negotiations are underway, and our desire is to receive another Patriot system in exchange, certainly not tomorrow, but in the relatively near future. But I believe that we will also get systems that will be delivered faster to compensate for the donation of this Patriot system," explained the Romanian president.
Romania’s General Prosecutor’s Office announced the reclassification of the charges brought against former presidential candidate Călin Georgescu from instigator to accomplice in the “commission of actions against the constitutional order.” The statement published Monday, August 4, by the General Prosecutor’s Office does not name Georgescu directly, but refers both to the case in which the […]
Roughly 130,000 cartridges prepared for delivery were destroyed after a fire broke out at a warehouse part of the Cugir Mechanical Plant, in central Romania, on Saturday, August 2. No victims were reported, and an investigation is currently ongoing. The fire started around 2 AM, initially over an area of 300 square meters, which later […]
Uber and Bolt, the two alternative transportation platforms that dominate the Romanian market, have together registered over 100,000 affiliated drivers by the end of May 2025, according to official data from the Romanian Road Authority (ARR) reported at the request of Ziarul Financiar. The drivers who...
Romania’s president Nicuşor Dan signed 96 decrees approving the retirement of magistrates on August 1, with most leaving the judiciary immediately and the remainder scheduled to retire on September 1, Cursdeguvernare.ro reported. Among those stepping down is Corina Corbu, President of the High Court of Cassation and Justice (ICCJ). The wave of retirements...
The number of new cars registered in Romania dropped by 16.4% y/y to 80,718 in January-July despite a 25.3% y/y rise to 16,362 units in July, according to data published by the Romanian Car Manufacturing Association ACAROM. The lack of state grants for new car purchase, promised by the Ministry of Environment for December, certainly contributed […]
Raiffeisen Bank has cut its projection for Romania’s economic growth in 2025 to 0.7%, citing the impact of a challenging global trading environment and slowing international demand, the Austrian lender said in its semi-annual report. The bank now expects Romania’s gross domestic product (GDP) to grow by 1.3% in 2026,
