The National Liberal Party (PNL) Senator Florin Citu stated that the PNL MEPs will ask in the European Parliament (EP) a check on the way in which the procedures on the European Investment Bank (EIB) and European Bank of Reconstruction and Development (EBRD) loans that were paid with EU funds were observed, mentioning that it’s a good thing that the action was confirmed by Eugen Teodorovici. “It’s a good thing that the Finance Minister confirmed. We will find out the rest of the details after my colleagues in the European Parliament will ask for a check of the way in which procedures were observed. Greece also seemed to have observed the procedures, and later it was revealed that they lied. In this case, too, I expect to find out that the budget deficit was adjusted by the transfer to the European Union of the payment of the tranches of EUR 1.2 billion in 2017, and EUR 1.4 billion in 2018, from the budget to the EU funds”, Florin Citu stated on Sunday for MEDIAFAX. The Liberal added that the Finance Minister Eugen Teodorovici “doesn’t recognize documents signed by him and sent to the EC”. “His credibility is zero. There is also another problem. If it turns out they did this illegally, who will pay the penalties? Liviu Dragnea?”, Citu also stressed. Eugen Teodorovici confirmed on Facebook that the external debt was paid with European funds, with the consent of the European Commission (EC), four years ago, adding that he is willing to provide additional explanations on this issue. His reaction comes after Florin Citu wrote on Sunday morning on the social network that the PSD-ALDE Government hided that they paid the external debt with EU funds. “The political world has nothing to do anymore with reality or professionalism of those who think they understand the finances or the economics overnight. It is both amusing and aberrant to see how measures that were taken at a certain moment by the Romanian Government, with the consent of the European Commission, indeed, (but not with a single Commissioner of the regional policy!), and not only by Romania, measures that led to the greatest progress in using EU funds starting with 2013, are presented today by politicians who are rather ignorant, not to say malicious, as lies or stunts”, Eugen Teodorovici wrote on Facebook on Sunday evening. The Finance Minister pointed out that either these measures are related to the continuation of financing the projects that weren’t ended in a single financial cycle, or to the settlement from EU funds of some important projects financed from national funds or funds attracted from various financial institutions (including EIB and EBRD), which are the so-called retrospective projects, such measures were taken by fully complying with the European regulations.
Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
