Prime Minister Nicolae Ciuca welcomed Italian Ambassador in Bucharest Alfredo Maria Durante Mangoni on Wednesday, at the Victoria Palace of Government, among the topics discussed being the issue of energy and prices from the perspective of the need to balance market share, supplier needs and costs and the protection granted to citizens and large and small companies."In fact, the excellent Romanian-Italian relations can be found in the economic and commercial exchanges, in the integration of Romanians in Italy and of Italians in Romania, in mutual support in difficult moments, as was the case during the pandemic, by detaching a voluntary unit of physicians, in Italy, in 2020, and the Italian support received by Romania, in 2021," informs a Government press release.According to the cited source, Prime Minister Ciuca evoked the positive experiences of good economic, industrial and military cooperation that the two sides have had over time.Among the topics discussed there were also the one related to "the issue of energy and prices in terms of the need for a balance between market share, supplier needs and costs, and the protection granted to citizens and large and small companies."In the same context, the Italian side insisted on its own achievements, as well as on economic expertise."The value of trade between the two states amounts to over 12 billion euros in 2021, evenly balanced. Italian direct investment in Romania amount to 9 billion euros, in the first place in terms of number and second place ar regards the volume, after Germany. The most important areas of investment remain in energy, precision mechanics or the agri-food sector, the dynamics of Italian investments including a major investment in special steels and another in the field of high technologies," highlights the release.Last but not least were mentioned the mutual interests of both parties and their support for European and international developments.
Participation in cultural education activities continues to be limited, with the main barriers being difficult access, insufficient knowledge, and cost, the recently released Cultural Consumption Barometer 2024 shows. The report showed that many Romanians still associate culture with entertainment rather than with personal development or furthering their knowledge. The need for relaxation dominates in cultural […]
Roughly 84% of Romanians say that the pace of the state’s digitalization is slow or very slow, according to an Edge Institute & AtlasIntel study presented at the Digital Governance Summit 2025, which took place on Tuesday, November 25, at the presidential palace in Bucharest. The survey aims to capture the way citizens relate to […]
Romania’s Superior Council of Magistracy (CSM) issued a negative opinion on the new bill regarding magistrates’ pensions. The move is only the latest development concerning a heated issue that led to tensions between the executive and the judiciary branch. CSM’s opinion is consultative, and the government led by Ilie Bolojan can still take responsibility for […]
Romania took the presidency of the Central European Initiative (or CEI) on Wednesday, November 26, according to a press release from the Ministry of Foreign Affairs (MAE). The organization is a regional intergovernmental forum established in 1989, following the fall of the Berlin Wall. It gathers 17 Member States in Central, Eastern, and South-Eastern Europe […]
Trade between Romania and Poland continues to grow, with annual bilateral exchanges in goods now valued at more than EUR 12 billion, according to figures presented by the Polish-Romanian Bilateral Chamber of Commerce and Industry (PRBCC). The data was released during a reception in Bucharest marking Poland’s Independence Day and Romania’s National Day. Polish investments […]
As Romania moves closer to implementing the EU Pay Transparency Directive, local employers are preparing for one of the most consequential shifts in workplace regulation in over a decade. The directive, set for transposition by June 2026, introduces strict new rules on salary disclosure, pay reporting, and equal-pay verification, aiming to close persistent gender gaps […]
