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.
Romanian director Radu Jude has won the Silver Bear for Best Screenplay for Kontinental '25 at this year's Berlin International Film Festival/ Berlinale. Kontinental '25 is Jude’s third film awarded in Berlinale’s main competition, after Aferim!, which earned...
With nearly 1,300 real estate transactions in 2024, the company tripled its sales volume compared to 2023. The total value of real estate transactions reached EUR 146 million in 2024. There were 114 transactions in January 2025, double the number in January 2024. With a total of almost 1,300 real estate transactions, North Bucharest Investments […]
Forvis Mazars Group, the international audit, tax and advisory services partnership, releases today its annual CEE M&A report, prepared in association with Mergermarket. It reveals that dealmaking in the CEE region suffered a decline in overall deal value, although a marginal rise in deal volume shows the market’s underlying robustness. The Investing in CEE: Inbound […]
With a total of almost 1,300 real estate transactions, North Bucharest Investments (NBI) managed to triple its sales volume compared to 2023, and the total value of transactions reached €146 million in 2024. This amount reflects an increase of 133% compared to the previous year and consolidates the company's leading position on the real estate […]
French president Emmanuel Macron said that Russia manipulated elections in Romania and that the cancellation of last year's presidential elections did not shock him as a result of that intervention. Macron made the comments during a session of questions from users on social media regarding the situation in Ukraine. Over one hour, he...
Romania’s Ministry of Education released the latest edition of the National Metaranking, identifying the top universities in the country. The ranking has undergone minor changes compared to last year’s edition or the last independent metaranking published in the fall by academic experts. The Transilvania University of Brașov has entered the top 5 universities in Romania, […]
