Secretary-General of the Organization for Economic Co-operation and Development (OECD) Mathias Cormann is paying an official visit to Bucharest on Friday.The Secretary-General of the OECD will be welcomed in the morning by Prime Minister Nicolae Ciuca at Victoria Palace of Government, where they will have an official meeting. The launch event of the Economic Survey of Romania is scheduled for 10:30 am, during which the two officials will speak.Mathias Cormann will be received by President Klaus Iohannis at the Cotroceni Presidential Palace, from 13:00. Romania's accession to the Organisation for Economic Co-operation and Development (OECD) is a strategic goal after joining NATO and the EU, Prime Minister Nicolae Ciuca said on Thursday, ahead of a visit to Bucharest by OECD Secretary General Mathias Cormann, shortly after the opening of accession negotiations."It is important to note that tomorrow [Friday] we will have an important visit from OECD Secretary-General Mr Cormann, which takes place after the opening of Romania's accession negotiations to this organisation. Most importantly, I would call it a strategic goal after joining the North Atlantic Treaty Organization and joining the European Union, because to us it is a stage of reforms and benefits to the citizens and, of course, part of the alignment of the Romanian society with the model of consolidated democracies. Together with the secretary general of the OECD, we will launch an economic survey of Romania, a document that represents an x-ray of the social and economic reality of the country and that offers solutions designed to generate development and welfare on a smart, sustainable and inclusive basis," Ciuca said at the beginning of a government meeting. (Photo:https://www.oecd.org/)
Low-cost carrier Wizz Air announced three new routes from Bucharest, two additional aircraft, and a permanent base that will be established in the Romanian capital at the Băneasa Airport. The new base will open starting April 1, 2025. The move will see the airline increase its Bucharest fleet to 21 aircraft. "Bucharest is of crucial importance […]
Shopping center developer Argo Capital sold Shopping City Suceava in northeastern Romania to M Core for an undisclosed sum. The property offers a leasable area of 43,100 square meters, hosting over 100 retailers. According to real estate consultancy company iO Partners, which advised Argo Capital, this marks the largest transaction in the past five years […]
“Language Buddy,” a project launched in the city of Brașov, aims to support young migrants and refugees in learning the Romanian language. The same project trains students as mentors in intercultural pedagogy. “Language Buddy” is a model simultaneously implemented in eight European countries (Greece, Italy, Romania, Bulgaria, Spain, Portugal, Malta, and Austria) and is based […]
President Klaus Iohannis and prime minister Marcel Ciolacu reaffirmed Romania’s intention to combat anti-Semitism and promote the memory of Holocaust victims with the occasion of the International Day of Commemoration of the victims of the Holocaust. The head of the Romanian executive attended the ceremony dedicated to the international day and the remembrance of the […]
Bucharest, Ilfov, and Timiș emerged as the regions with the highest number of registered mortgages in Romania in 2024, followed by Iași and Constanța. According to an analysis conducted by online broker Ipotecare.ro and financial consultant and mortgage lending company SVN Credit Romania, roughly 86,600 mortgages were recorded nationwide last year, marking a 26.5% increase […]
Crevedia Retail Park, one of the largest strip malls in Romania, with a total leasable area of 11,400 sqm, opened on the Bucharest-Târgoviște road close to Bucharest on Monday, January 27. The total investment, by REPACO Capital and its partner Weststar Real Estate, amounts to EUR 15 million, partly co-financed by Banca Transilvania through an investment […]
