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.
Romanians are worse off now compared to 6 months ago, and 2026 will also be difficult, but from 2027 and then on, there is hope, said president Nicusor Dan during an interview with Romania TV. The government targets a deficit of 8.4% of GDP this year, marginally below 8.65% of GDP in 2024. To tackle […]
Imran Vilcassim, Chief Commercial Officer, Digital Platforms at BPC, explores how Romania’s booming digital payments outpace merchant readiness and why mobile POS is emerging as the practical solution. Romania’s digital payments volumes are rising fast, but merchant infrastructure isn’t keeping up. Independent market models estimate total digital payments will reach nearly
The attributes needed to reach the top of the business hierarchy, how to motivate and support the teams one works with, and how to tackle the unavoidable challenges that arise along the way were among the topics discussed at the event Inspiring Women in Business, organized by La French Tech Bucharest. Making it to a […]
More than half of the elderly people in urban areas in Romania face loneliness, and almost 310,000 of them experience it at a high level, according to a study conducted by the Association Never Alone, Friends of the Elderly, in partnership with Kantar Romania. The study, carried out in August 2025 on a representative sample […]
Square 7, part of retail park investor M Core, officially inaugurated its new Bucharest office last week, marking an important milestone for the company. More than 150 guests joined the event, including partners, collaborators, and team members. M Core is a family of property investment and management companies comprising LCP, Sheet Anchor, Proudreed, and Sheet […]
Real estate developer Hagag Europe Development has expanded its Romanian operations into the energy sector with the acquisition of BTD Distribuție și Furnizare, a local company specializing in natural gas infrastructure, distribution, and supply. The company has opened a new local division - Hagag Energy - and announced plans to invest more than EUR 400 […]
