Romania's Foreign Minister Luminita Odobescu and US Secretary of State Antony Blinken had a telephone conversation on Thursday to discuss the regional security situation, including the violation of Romania's airspace following Russian attacks on Ukrainian river ports, Romania's Foreign Ministry (MAE) reports.The two officials also touched on Russia's attack on a merchant ship carrying grain in the Black Sea.Odobescu welcomed the support and solidarity of the US and its allies with Romania and underscored the importance of keeping the developments in the Black Sea and the region in NATO's constant attention. She welcomed her US counterpart's reiteration of the U.S. commitment to defend every inch of NATO territory. She added that the allies "must implement all the commitments pledged in order to ensure the security of the Euro-Atlantic space, in general, and of the Black Sea region in particular."The two officials also discussed recent developments in the support they provide to Ukraine against the illegal and unjustified aggression of the Russian Federation. The American side reiterated its appreciation for Romania's decision to donate a Patriot system to Ukraine, a donation of particular importance amidst the continuation of Russian air attacks against Ukrainian civilian infrastructure.Blinken underlined the US commitment to continuing measures to strengthen Romania's defence capability. Both officials reiterated their support for Moldova in its efforts to reject Russia's hybrid actions, which are aimed at influencing the outcome of the October electoral processes.
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
