Prime Minister Dacian Ciolos said on Wednesday that during his meeting with British Premier David Cameron, he insisted on the need to finding solutions in connection with the free movement of workers in the European Union that would not come against the social rights conferred through the European legislation, showing that most of the Romanians who work in Great Britain pay their taxes. "I have talked with the British Premier (...) about the propositions the United Kingdom has to improving the activity within the EU and to thus have a positive approach of the UK as regards its staying in the EU. They are mostly right, their propositions could be supported by Romania except for the matter of the rights of the workers in the EU, the free movement of workers, of the employees. Here I have insisted on the need to finding solutions that would not come in contradiction to the rights that are already conferred by the European legislation, in particular when it comes to the social rights, given that most of the Romanians who go to Great Britain, they go there to work, so they pay taxes and I believe that in the future solutions could be found to consider these preoccupations of Romania," said Dacian Ciolos at the Victoria Palace. He added that they have also tackled the topic of the bilateral relations between the two countries and the need to boost the economic cooperation between Romania and Great Britain. Cameron met Romanian leaders in Bucharest then headed to Warsaw to speak with Poland's new leaders. In Poland, Foreign Minister Witold Waszczykowski called Cameron's plans to limit welfare benefits to migrant workers "a point of contention." Prime Minister Beata Szydlo told reporters she believes the proposed cuts are "not acceptable" but says she is open to discussing the options, AP reports. Despite the divisive issue of benefits, Cameron, a Conservative, will find much in common with the new conservative leadership in Poland, which is Euroskeptic and does not want to adopt the euro currency any time soon.
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The wooden church from the village of Oncești, one of the oldest monuments in the heritage of the Maramureș Village Museum “Mihai Dăncuș” in Sighetu Marmației, has been restored. The church has now returned to the tourist circuit through the support provided by the US Ambassadors Fund for Cultural Preservation, in a project coordinated by […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
