Accession to the Organisation for Economic Co-operation and Development (OECD) is the strongest international recognition that we live in a developed country, President Nicusor Dan said on Monday.'Today I had an excellent discussion with OECD Secretary-General Mathias Cormann. The OECD is the organisation that brings together the world's most developed economies and most consolidated democracies. It also sets global standards and benchmarks in areas such as trade, finance and technology,' the head of state wrote on Facebook.According to him, for Romania, accession to the OECD is a strategic goal because 'it is the strongest international recognition that we live in a developed country, and the experience of other nations shows that accession has been followed by significant economic progress.'The president also noted that the process would make Romania more competitive in attracting foreign investment, would increase interest from institutional investors, and would allow the country to secure more favourable financing to direct more resources toward national development.'Romania's accession process is progressing very well: more than half of the technical assessments have already been successfully completed. If we maintain this pace, Romania will join the OECD next year,' the President of Romania said.OECD Secretary-General Mathias Cormann is in Romania on Monday.In the morning, Cormann met with President Nicusor Dan, and later visited Victoria Governmental Palace. Prime Minister Ilie Bolojan and Mathias Cormann held talks and participated in a meeting of the National Committee for Romania's Accession to the OECD.The OECD official also met with Senate President Mircea Abrudean and Chamber of Deputies Speaker Sorin Grindeanu. (Photo:https://www.presidency.ro/)
The third edition of Taifas Balkan Film and Culture Festival, set to take place in Timișoara between October 13 and October 19, will include a retrospective dedicated to Romanian director Radu Jude. The public will be able to see the director's short films, in addition to a preview of his latest production, Dracula, presented at […]
Sursa International Light Art Festival, an event featuring immersive installations, projections, and light structures, will take place at the National Library of Romania from October 13 to October 19. The event brings together international and Romanian artists “in a visual dialogue about technology, architecture and sensitivity,” the organizers announced. “We wanted to build the opportunity […]
Romania’s Defense Ministry has signed a contract worth RON 50.4 million with Rheinnmetall Automecanica, a subsidiary of the German defense industry giant Rheinmetall, for the delivery of drone detection systems, Economedia.ro reported. The radar system will be delivered within 18 months at most and will reportedly be...
The former Steaua Roșie cinema in Cluj-Napoca will reopen as Edison-House of Music, a cultural hub dedicated to music and community, the organizers of the Jazz in the Park festival announced. Built in the early 1900s, the Edison building became, after World War II, the Steaua Roșie cinema. After 1989, the venue underwent several changes […]
Unprecedented amounts of precipitation have been recorded in Romania as cyclone Barbara hit the country on October 5-8, according to the authorities. At the same time, Bucharest exceeded the absolute maximum levels of rain for October. “Between October 5–8, 2025, Romania was affected by the Mediterranean cyclone Barbara, which formed over the Ionian Sea and […]
Romania is one of six European countries recently selected to develop a new artificial intelligence and supercomputing center under the EuroHPC – AI Factories program. The project, known as the AI Factory, will be Romania’s first national AI infrastructure, marking a major step toward strengthening its digital and research capabilities. The initiative will be led […]
