Romania will help the Republic of Moldova to prepare, put its reforms into practice and improve its economic performance, with a view to becoming an EU member state, on Thursday said, in Brussels, president Klaus Iohannis, ahead of attending the European Council meeting."It is clear that it needs to be worked both sides. The Republic of Moldova must implement the reforms, the state institutions must function in such a way as to correspond to the European expectations, to respect all the European values. In many areas in the Republic of Moldova, when we talk about the economy, it is necessary to create for the first time the conditions of level playing field, as it is called, i.e. a equitable, fair competition and independence of producers and regulators and so on. There are many issues that need to be resolved by Moldova in Moldova. At the same time, there must be a strategic clarity within the Union: we either want or do not want Moldova to become a member state. Romania wants this, I have said it many times, and we can help them, we, Romania, can help them prepare, to put into practice their reforms, to improve their economic performance and we will do all these things," said the president, before attending the European Council meeting.President Klaus Iohannis on Wednesday attended the Eastern Partnership Summit.
Romanians celebrate Saint Nicholas (Sfântul Nicolae) on December 6, a tradition that has grown far beyond its religious roots and signals the official start of the holiday season. The day is especially beloved by children, who eagerly prepare their freshly polished boots in hopes of finding small gifts in the morning. Many Romanians also celebrate […]
The newest episode of Voices of Romania, Romania Insider’s interview series, is now available on Spotify, YouTube, Apple Podcasts, Deezer, and all...
ASFAT, a wholly state-owned company operating under Türkiye’s Ministry of National Defence (MoND), has signed an agreement for the delivery of the light corvette Akhisar to the Romanian Naval Forces. This transaction represents a milestone for Türkiye’s defence industry, as it is the first international sale of a combat ship built in Türkiye to a […]
Wind projects with a total capacity of almost 316 MW have been declared winners in the third auction under the Contracts for Difference (CfD) scheme, above the minimum threshold set by the Ministry of Energy, according to sources quoted by Economica.net. The third auction was organised because of insufficient projects approved under...
Fitch Ratings has affirmed the long-term Issuer Default Rating (IDR) of Romania-based, state-owned bank CEC Bank at BB/stable, its Viability Rating (VR) at bb, and Government Support Rating (GSR) at b, based on the bank's moderate, albeit strengthening, business profile, adequate capitalisation, and reasonable funding and liquidity. This puts the Romanian bank's rating two notches […]
Romania's Ministry of Transport blocked a key procedural step required for the listing of Bucharest Airports Company on the Stock Exchange (BVB) after opposing an item on the shareholders' agenda concerning the resumption of the auditor selection process. The vote took place at the end of November, following a request by Fondul Proprietatea, which holds […]
