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/)
Druid AI today announced it has secured USD 31 million in Series C financing to advance the global expansion of its enterprise-ready agentic AI platform under the leadership of its new CEO, Joseph Kim. The investment was led by Cipio Partners, with participation from TQ Ventures, Karma Ventures, Smedvig, and Hoxton Ventures. Kim has more […]
Drivers in Bucharest lose, on average, 12 working days annually due to congestion, according to Traffic Index 2025, an analysis carried out by the Institute for Visionary Cities. The index compares how much circulation slows down on working days compared to a free-flow regime, for the 41 county seat municipalities and Bucharest. According to the analysis, […]
Romania’s Senate and Chamber of Deputies held a moment of silence on Monday, September 15, for American conservative activist Charlie Kirk, who was shot dead at a university event on September 10. The marking of Kirk’s death came at the initiative of the far-right party Alliance for the Union of Romanians, or AUR. Both Kirk […]
A mountain shelter is scheduled to open this fall in the Făgăraș Mountains' Curmătura Bratilei area following a EUR 60,000 investment. The shelter, located at an altitude of 2,100 meters, is built by the private ophthalmopediatric hospital Infosan in partnership with the non-profit Carpați Mountain Association and the Brașov Emergency Situations Inspectorate (ISU Brașov). The […]
The official trailer for The Yellow Tie/Cravata Galbenă, a major international production about the life of renowned Romanian conductor Sergiu Celibidache, has been released, with the film set to hit cinemas nationwide on November 14. The cast includes John Malkovich and Miranda Richardson, both double Academy Award nominees, along with Ben Schnetzer, Kate Phillips, Sean […]
The presidential elections held in November 2024 in Romania were influenced by a large-scale hybrid war orchestrated by Russia before they were cancelled, according to general prosecutor Alex Florența. Romania’s presidential election was annulled last December after declassified reports alleged Russian involvement in cyber activities aimed at undermining the integrity...
