President Klaus Iohannis on Friday at the Cotroceni Palace welcomed a delegation of the European Investment Bank (EIB) Group, led by EIB President Nadia Calvino, on the occasion of which the interlocutors discussed topical issues on the European agenda, such as the green transition, digitisation, innovation, but also security and defence industry issues in the context of the Russian Federation's war against Ukraine.According to a Presidential Administration press release, the head of state underlined the very good cooperation between Romania and the European Investment Bank, consolidated over more than three decades of partnership.During the discussions, the EIB's "consistent" portfolio in Romania was highlighted, focused on financing operational programmes, supporting private sector financing in areas important for Romania's economic and social development, such as transport, energy, health, urban development and education.On security and defence issues, Klaus Iohannis insisted on these dimensions and welcomed the launch by the EIB of the Strategic European Security Initiative (SESI) programme, which finances civil security infrastructure and advanced technology projects, the source said.The two officials stressed the need to invest in new technologies, taking into account the existing challenges related to the technologies of the future, an approach that will contribute to a relevant profile of the European Union in international markets.In the area of green transition, Romania is interested in continuing and developing cooperation with the EIB. Thus, it was stressed that the European Green Pact must bring prosperity for all and constructively involve citizens and the economic environment. The financing offered by the EIB should make the European economy stronger, through investments that support the development of green industries and economic competitiveness, the Presidential Administration's press release added.According to the source, the two dignitaries agreed that the implementation of the climate agenda is closely linked to increasing competitiveness and cohesion at EU level and stressed that the dialogue in the area of finance and green technology must be expanded with countries outside the Union for an inclusive and effective green transition.On Romania's priorities for cooperation with the EIB in the coming years, President Iohannis pointed to the regional competitive advantage that the country has in certain areas, where the partnership with the European Investment Bank can facilitate a number of ambitious projects already under implementation in transport infrastructure and health infrastructure.In turn, EIB President Nadia Calvino confirmed Romania's importance as a member state of the EIB Group and highlighted the potential for development and diversification of the financial services offered to the country, the Presidential Administration said.
Six men and one woman from Romania have been accused of recruiting dozens of children and adults from foster care centers, whom they then transported to Hungary, where they turned them into slaves, forcing them to work under inhumane conditions. The accused are from the localities of Ozun and Chilieni, Covasna County, Romania, and allegedly […]
The Museum of Collectivization, the first in Romania dedicated to the forced collectivization period of the communist era, is set to open a new wing, Corp B, funded through the EU-backed National Recovery and Resilience Plan (PNRR) and co-financed by the National Cultural Fund Administration (AFCN). With the new building, the museum located in Tămășeni, […]
Romania’s “Madrigal – Marin Constantin” National Chamber Choir, conducted by Anna Ungureanu, will be in Luxembourg and Belgium, as part of the “Bridges Across Europe/Punți peste Europa” European tour, where it will perform five extraordinary concerts. The performances will take place between November 20 and 25, with the help of the Ministry of Culture, the Romanian Embassy […]
The European Development Bank approved a EUR 140 million loan for Romania’s “Cultural Foundations” project, aimed at preserving historical monuments and constructing cultural buildings in the country. The project targets 14 investment objectives of national and European relevance, administered by public institutions under the Ministry of Culture, including the Romanian Athenaeum, the Romanian National Operas […]
Bucharest, November 14, 2024 – Exim Banca Romaneasca offers clients the possibility to verify the true identity of the beneficiary when initiating a payment in RON through internet or mobile banking. This is enabled by the bank’s adoption of the Beneficiary Name Display Service (SANB), which helps prevent fraud and reduces erroneous transactions caused by […]
Fifty NGOs and civic groups, along with the Bucharest Environmental Platform, have drawn up an open letter calling on Romania’s Ministry of Environment, Waters, and Forests to urgently approve the Management Plan for the Văcărești Natural Park in Bucharest. They say the plan has been pending approval for nearly a year. The non-profits noted that […]
