Romania's Prime Minister Nicolae Ciuca said on Thursday that the Greece-Bulgaria natural gas interconnector is extremely important to the transmission network to Europe.He was on a working visit to Greece to attend the commissioning of the Greece-Bulgaria natural gas interconnector."It is a very important interconnector to everything that means natural gas transmission network to Europe. Basically, this interconnector will ensure the connection between the network that passes through Anatolia and the Adriatic and also connects through the BRUA pipeline, thus giving consistency to the vertical corridor and securing the supply of gas to both Bulgaria and Romania. And, of course, we can secure the gas supply to our eastern partners, Ukraine and the Republic of Moldova, and of course of other countries that are on the distribution diagram of this gas network," Ciuca said at a joint news conference with his Greek counterpart Kyriakos Mitsotakis.He added that the energy ministers of Romania and Greece were to sign a memorandum on joint medium and long-term projects."This is the second meeting we have in a short period of time. The day before the invasion of Ukraine began I had an official visit to Bucharest, where together we signed a joint statement to strengthen political, economic and sectoral co-operation. Today, we were able to have a coherent continuation of the decisions we took together in Bucharest. In today's delegation we had representatives from the ministries of energy of Greece and Romania, we had representatives of companies that are the ones who put into practice the political decisions we make and I can say that it was a very dynamic and practical meeting that has short-term objectives and medium- and long-term objectives. The signing of a memorandum at the level of the ministers of energy will follow, to secure our joint projects in the medium and long term," added Ciuca.
Romanians purchased RON 1.49 billion (nearly EUR 300 million) under the last Fidelis issue this year, organised by the Treasury in December, with over two-thirds of the money being placed in euro-denominated debt and more than one-third of the total being placed in long-term 10-year euro-denominated debt with a 6.2% coupon attached, according to data […]
Environment minister Diana Buzoianu announced that the ministry she leads has launched the procedures for a feasibility study aimed at planting 380 hectares of forest shelterbelts in southern Romania, a region increasingly affected by desertification. According to the announcement, the project would result in more than 126 kilometers of tree lines planted along national roads. […]
Romanian president Nicușor Dan said Russia will remain a security threat to Europe even if the war in Ukraine ends in a peace agreement. Speaking after the Eastern Flank Summit in Helsinki, he stressed that European countries must stay calm but strengthen their defense capabilities through increased investment and closer coordination within NATO and the […]
Harta Literară (The Literary Map), a project highlighting real-world places featured in fiction works, will expand next year from Bucharest to Braşov and Iaşi after receiving funding from Romania's National Culture Fund (AFCN). Bucharest was the first city covered by the map, with more than 300 documented places, and 600 highlighted connections to classic and […]
As global competition for university places continues to rise, families are increasingly seeking schools that not only deliver strong academics but also provide the networks, counselling, and preparation needed for the world’s most selective universities. Through its partnership with Dukes Education, Verita International School has become one of Romania’s strongest pathways to top global universities, […]
Exim Banca Românească continues the savings campaign under which it pays attractive interest rates, above the market average, for new deposits in lei and euro, over 7 months: interest rates of up to 7.20% per year for lei and 2.50% per year for euro. The offer is available both for the PLUS deposit in lei, […]
