Prime Minister Marcel Ciolacu discussed on Wednesday, at Palace Victoria(the Government House), with the United States Special Representative for Ukraine's Economic Recovery Penny Pritzker the part that Romania can play in the recovery and reconstruction of Ukraine envisaged at international level after the war triggered by Russia ends."We are at a stage of identifying the most efficient methods of support and translating them into an integrated strategy for the reconstruction of Ukraine, in which Romania wants to play an important part," Ciolacu is quoted as saying in a press statement released by the government on Wednesday.In view of preparing and starting this process of reconstruction of Ukraine, Romania takes into account as a main benchmark the EU mechanism for Ukraine, worth EUR 50 billion, and suggests bilateral actions be conducted through direct collaboration with Ukraine, and also in extended formats, at regional level or together with strategic partners.Ciolacu added that Romania's approach is centred on the idea that the actions of the nations that will be involved in the reconstruction of Ukraine must complete each other instead of being competitive, and that the process involves a long-term effort and coordination of the entire world community, in which the role and involvement of the United States remain essential.Ukraine's European integration perspective should guide the entire process of rebuilding the country.Ciolacu went on to say that a strategic objective of Romania is also Moldova's connection to this reconstruction effort, which primarily targets Ukraine, given that Moldova has been affected by the conflict and both countries need support for their European journey.Also attending the meeting was US ambassador in Bucharest Kathleen Kavalec, while the governmental delegation also included Deputy Prime Minister Marian Neacsu, head of the Prime Minister's Chancellery Mihai Ghigiu and senior official Nicolae Comanescu.
Romania’s government has assumed responsibility in Parliament for legislation reforming magistrates’ pensions, prime minister Ilie Bolojan announced on December 2. He said the draft law had received the opinion of the High Court of Cassation and Justice, noting that the court’s assessment was negative. It is the government’s second attempt to have the bill promulgated, […]
Romania Education Alliance (REA), the first private school network in the country, announced it has exceeded the milestone of 1,000 students enrolled across its member schools just one year after launch. "The fact that we surpassed 1,000 students in our very first year of activity shows that the REA model addresses a real need in […]
Genesis College, one of the largest private educational institutions in Romania, announced the regulatory approval of the transaction through which the investment firm Mozaik Investments becomes its majority shareholder. The transaction, signed at the end of July, received all necessary approvals from the Competition Council on November 25, and, formally, the entire investment procedure is […]
The European Bank for Reconstruction and Development (EBRD) is lending up to EUR 29.9 million to the Romanian city of Brasov to finance energy efficiency upgrades in public buildings, initiating the city’s participation in the Bank’s flagship EBRD Green Cities programme. The Bank’s investment will fund the renovation of up to 20 public buildings, including […]
This festive season, JW Marriott Bucharest Grand Hotel invites guests to embrace the extraordinary and transform each moment into a lasting memory. On New Year’s Eve, the hotel unveils The Grand Countdown — a luminous celebration of new beginnings, thoughtfully crafted across four distinctive venues, each with its own character and atmosphere. The night begins […]
The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control over ArcelorMittal Tubular Products Iași (AMTP Iași) by Metinvest B.V. of the Netherlands, part of the Ukrainian steel and mining group owned by Rinat Akhmetov, New Voice of Ukraine reported last week. Metinvest has...
