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 will join the Schengen Area with its land borders starting January 1, 2025, according to Romanian prime minister and Social Democrat (PSD) leader Marcel Ciolacu, who was on a visit to Brussels on Monday, November 18. The Romanian PM said during an interview that the decision regarding Romania’s accession with land borders will be […]
Exorigo-Upos, the Polish company that provides IT technology solutions for the retail sector, is preparing to take its presence in Romania to the next level by establishing an innovation hub in Bucharest. The new center will focus on developing and testing cutting-edge technologies tailored to the Romanian market, in line with the company’s long-term strategic […]
Eva and Victor, ages 16 and 17, respectively, will advocate for climate action as members of Romania's delegation at the United Nations Conference on Climate Change – COP29, held in November 2024 in Baku, Azerbaijan. The two teenagers also have clear roles in the conference. Victor, for example, will co-moderate the Climate Youth Forum, where […]
Natural gas producer Romgaz (SNG), a company in which the majority stakeholder is the Romanian state, listed on Tuesday, November 19, its first corporate bonds amounting to EUR 500 million on the Bucharest Stock Exchange. The bonds, also listed on the Luxembourg Stock Exchange since the beginning of October 2024, are part of a tranche […]
The Bucharest Court of Appeal ruled on Tuesday, November 19, to return the case involving Andrew and Tristan Tate to prosecutors at DIICOT, citing several irregularities. The judges also decided to remove several pieces of evidence and statements from the file, according to
Program empowers women in Romania to step into management or advisory board roles Offering actionable advice for women in businesses seeking strong governance Supporting EU gender diversity targets with inclusive leadership programs The European Bank for Reconstruction and Development (EBRD) celebrates Women’s Entrepreneurship Day on 19 November 2024 by highlighting the EBRD Women on Boards […]
