President Klaus Iohannis on Wednesday said Romania must intensify efforts to strengthen the reserve of military personnel, revitalise the national defence industry and modernise the transport infrastructure."The defence of our citizens is one of the fundamental obligations of the Romanian state. However, the safety of the people cannot be guaranteed without an army equipped with modern technology. Since 2023, Romania has increased the allocation for Defence from 2% to 2.5% of the GDP, that is for equipping the Romanian Army, for motivating, training and improving our military and for increasing the level of interoperability with allied forces. At the same time, we must intensify our efforts to strengthen the reserve of military personnel, to revitalise the national defence industry and to modernise the transport infrastructure," Iohannis told the "ROMANIA - NATO, 20 years" event, held at the National Military Centre in Bucharest.Iohannis mentioned that Romania, together with NATO allies, will continue to offer "multidimensional political and practical support" to Kyiv."An important dimension of this support will be the training of the Ukrainian military, including future F-16 pilots, at the centre we host in Fetesti. We will coordinate within the European Union to support the European path of Kyiv and Chisinau and we will advocate for substantial assistance to Ukraine at all levels. Romania also remains a firm supporter of the transatlantic link and the intensified cooperation between NATO and the EU, in the spirit of mutually beneficial synergy of efforts and complementarity," Iohannis said.Also attending the "ROMANIA - NATO, 20 years" event, organised by the National Defence Ministry, are: Senate President Nicolae Ciuca, Prime Minister Marcel Ciolacu, Foreign Minister Luminita Odobescu, political and military personalities from Romania and from member states of the North Atlantic Alliance.
The Romanian banks boasted in 2025 virtually the same record aggregated net profit as in 2024, namely RON 11.6 billion (EUR 2.3 billion, -0.6% y/y) in January-September and RON 6.2 billion (EUR 828 million, -0.3% y/y) in Q3 alone, according to data published by the National Bank of Romania. The non-performing loan (NPL) ratio has […]
The Romanian Parliament approved the National Defense Strategy on Wednesday, November 26, with 314 votes in favor, 43 against, and three abstentions, following a joint session attended by president Nicușor Dan. The document will guide national security policy for the 2025-2030 period. During the parliamentary debate, Ana Maria Gavrilă, leader of the opposition party POT, […]
Romania celebrates its National Day this long weekend, when December 1 is a public holiday, as is St Andrew’s Day. At the same time, several Christmas markets are opening in Bucharest, Brașov, and Timișoara.
Tășuleasa Social Association, which developed the long-distance trail Via Transilvanica, has developed a modular accommodation unit prototype, the first in what is to become a network of rural hospitality spaces. The network will cover areas along the trail that are isolated and lacking tourist infrastructure or communities with an aging population where there are no other […]
Hungary is interested in diversification and importing gas from the Neptun Deep reserve in the Black Sea, said Peter Szijjarto, the Foreigbn Affairs and Trade minister of Hungary at a press conference on energy topics. “Now, what the structure of domestic consumption and export of the gas exploited from Neptun Deep will be […]
Over 87% of Romanians have applied, in recent months, measures to reduce energy consumption in their homes or businesses, and over 60% are interested in investing in various energy efficiency projects in the next year, for increased comfort and to reduce their energy bills, reveals research carried out for the despre-energie.ro platform, a project of […]
