President Nicusor Dan declared on Monday, in Yerevan, that Europe is capable of compensating for a possible reduction in the United States' involvement in the continent's security."Since President Trump's first term, the United States' defense strategy has said that it will focus on the Indo-Pacific more than on Europe and that there will be gradual steps in this direction. This is one of the steps. What is encouraging is that Europe has understood this message, has started to compensate for the security deficit that the United States was providing and we are in a process, which includes SAFE and other instruments, to recover. So, of course we are living through complicated moments. There are tensions, emotions, impulses, but, broadly speaking, I am very optimistic that Europe, as the United States partially disengages from Europe, Europe alone will manage to compensate. In any case, no danger for the immediate future, 1-2-3 years from now," the head of state said during a press conference at the end of the European Political Community summit in Yerevan. (Photo:https://www.presidency.ro/)
The Bucharest office market has shown early signs of recovery, driven by a visible increase in pre-lease transactions, highlighting a renewed occupier appetite for future office spaces. The current development pipeline, exceeding 215,600 sq.m, the highest level in recent years, is expected to be gradually absorbed, according to data from the Cushman & Wakefield Echinox […]
The European Bank for Reconstruction and Development (EBRD) has officially launched its Risk Sharing Facility in Romania extending EUR 270 million in “green financing” to Romanian banks under the InvestEU program. Through its InvestEU guarantees, the EBRD expects to mobilize new green financing for individuals and companies in Romania, ensuring much-needed energy savings and carbon […]
The Haferland Week Festival will take place this year in Romania between August 6 and 9, celebrating local Saxon culture with a series of events themed “Longing for Transylvania.” The event will take place in 10 localities: Archita, Saschiz, Homorod, Rupea, Criț, Roadeș, Meșendorf, Cloașterf, Bunești, and Viscri. According to the organizers, the theme is […]
EUROPAfest will return to Bucharest between July 3 and July 12, bringing artists from 14 countries to the Romanian capital for the festival’s 33rd edition. The organizers said this year’s event will place a stronger focus on jazz while also continuing to feature blues, pop, and classical music performances. Artists from France, Italy, Ireland, Canada, […]
CPI Property Group has secured EUR 100 million in financing for Sun Plaza, one of the largest shopping centers in Bucharest. The funds were arranged through a club-deal involving OTP Bank and ING Bank Romania. The company said the transaction was signed through its subsidiary CPI Europe AG and also marks the beginning of a […]
Aquila (BVB: AQ), a major player in the Romanian market for integrated distribution and logistics services for fast-moving consumer goods, or FMCG, has inaugurated its new logistics center in Bacău, a strategic project in which the company invested over EUR 1.2 million. The new logistics infrastructure integrated the relocated operations into a modern facility with […]
