Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. PM Ciuca discusses with businesspeople, bankers impact of...

PM Ciuca discusses with businesspeople, bankers impact of conflict in Ukraine on Romanian economy

April 7, 2022

Prime Minister Nicolae Ciuca met on Wednesday with representatives of the business community and the banking sector to analyze the impact of the conflict in Ukraine on the economic situation in Romania.According to a Government's release, the talks focused on developing the country's energy independence, public and private investment, as well as possible vulnerabilities caused by the conflict in Ukraine, such as a possible decline in global car production.The effect of the fake information spread in the public space in the current context was also analyzed, the participants in the meeting agreeing that a joint effort is needed in combating this phenomenon."Unfortunately, this part of fake news catches on very easily, while the arguments are taken over and understood much harder. You should know that everyone needs to make efforts to stop this phenomenon," Prime Minister Ciuca said.According to the Government, the issue of increasing anxiety among the population amid the border conflict has also been addressed. "We need, more than ever, a call for calm, solidarity and a message of unity: we will support jobs, we will support the economy. We need everyone to communicate that we have the capacity to get over this situation. We call for calm," said the Minister of Finance, Adrian Caciu, present at the discussions.All the topics addressed will continue to be discussed in depth in future meetings, which will take place regularly, the Government said.

Read in full - click here
European Commission grants protected status to Romania’s Jidvei wine

On Thursday, January 23, the European Commission granted a protected geographical indication status to Romania’s Jidvei wine. The new status offers recognition for the distinctive qualities of the wine. The brand encompasses white, rosé, red, sparkling, semi-sparkling, and liqueur wines produced from grape varieties grown in the Alba region, in central-western Romania. The vineyards in […]

Romanian pavilion at Osaka World Expo 2025 shows focus on sustainability, resources

Romania's pavilion at the Osaka World Expo 2025, which will take place from April 13 to October 13, was built with a focus on sustainability, including contributions from Romanian workers. The pavilion also highlights Romania's national resources. The mascot for the expo is a pelican named Haru (meaning "spring" in Japanese), symbolizing the importance of […]

Romanian startup Examin secures EUR 200,000 pre-seed funding for AI video analytics solutions

Examin, a Romanian startup specializing in AI-powered video analytics, has secured EUR 200,000 in pre-seed funding from a private investor. The funds will be directed toward a market-ready product, creating an AI-driven prototype for quality inspection in manufacturing processes (AI Quality Inspection), developing its first AI Video Analytics camera, expanding the team, and scaling marketing […]

Pollution levels in Bucharest double in January

The beginning of 2025 brought increased pollution in the Bucharest-Ilfov area, as traditional pollutants such as cars and heating systems met low wind speeds, high humidity, and thermal inversion. The latter three prevent pollutant particles from dispersing and instead keep them at ground level. As a result, the level of pollution has doubled in the […]

Update: Sinaia mayor detained on corruption charges

Update: DNA confirmed that Sinaia mayor Vlad Oprea had been detained for 24 hours beginning January 23 on charges of bribery in continuous form, conducting financial operations incompatible with his position, false in asset declarations, abuse of office, and influence peddling.  The prosecutors also said that Oprea indirectly received a total bribe of EUR 238,000 […]

Sinaia mayor reportedly detained on corruption charges

Prosecutors from Romania's National Anticorruption Directorate (DNA) reportedly detained Vlad Oprea, the mayor of the popular mountain town of Sinaia, for 24 hours on Thursday, January 23. He faces corruption charges in a case investigated by the DNA, with further searches set to take place at the Sinaia City Hall later today, in the presence […]