Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. President Iohannis: Romania's accession to Schengen would send...

President Iohannis: Romania's accession to Schengen would send a strong message of solidarity and unity

January 10, 2024

Romania's accession to the Schengen Area "would send a strong message of solidarity and unity on the part of the Union and would substantially contribute to the strengthening of European security," president Klaus Iohannis told the ambassadors of the European Union member states accredited to Bucharest, with whom he had a meeting on Monday.Klaus Iohannis emphasized the need to adopt a positive decision in this regard, as soon as possible, the Presidential Administration shows in a press release.The president of Romania thanked the Spanish presidency of the EU Council for the efforts made in advancing the European agenda during the second semester of 2023, "in an extremely complex context, marked by numerous challenges and crises with significant consequences at the European and global level."He emphasized, during the meeting, the importance of maintaining the unity of the European Union in all its actions and protecting European values and principles, all the more important in a context marked by the continuation of Russia's aggression against Ukraine, but also by the crisis in the Middle East and other challenges, such as economic, climate or migration-related ones.In the perspective of the discussions at the European Council, President Klaus Iohannis pleaded for the continuation of the substantial support the Union grants to Ukraine, which must remain a priority in EU actions. In this regard, he spoke for the need to adopt a comprehensive package of measures and decisions for Ukraine at the European Council.The president supported the need to continue European, NATO, and bilateral support for the Republic of Moldova, in order to strengthen the resilience of this state, strongly affected by the effects of the war in Ukraine and the destabilizing actions of Russia.While referring to the importance of continuing the European Union enlargement process, Klaus Iohannis spoke for the adoption of historic decisions at the upcoming European Council regarding the opening of accession negotiations with Ukraine and the Republic of Moldova.With regard to the revision of the Multiannual Financial Framework for 2021-2027, a process currently underway, the president of Romania pleaded for an approach that promotes the funding balance between the commitments already assumed and the new priorities on the European agenda, and does not imply reductions of funds for Cohesion Policy and Common Agricultural Policy. 

Read in full - click here
Weapons transport spotted entering Romania from Moldova

A truck belonging to a Moldovan transport company loaded with weapons was detected at the Albita Customs, at the entrance to Romania, on November 20, Europa Libera Romania reported. According to the documents, it was intended for an Israeli beneficiary, but this has not been...

Romania’s Constitutional Court to rule on tax hikes on December 10

The Constitutional Court of Romania (CCR) will rule on December 10 on the objections expressed by the opposition party AUR against the revised law that includes higher taxes and better tax collection procedures, passed by the Parliament on November 18 in an amended form, such as to incorporate the issues already spotted by the CCR […]

Poll shows Liberal, Social Democrat candidates in tight race for Bucharest mayor seat

The Social Democrat (PSD) candidate for the Bucharest mayor seat, Daniel Baluta, mayor of District 4 and president of PSD Bucharest organisation, leads with 26.6% of the general voting intentions expressed in the latest poll conducted by Inscop for Informat.ro. He is closely followed by the Liberal (PNL) candidate  Ciprian Ciucu, currently mayor of District […]

Cold-cuts producer Cris-Tim floats shares at Bucharest Exchange on November 26

Cris-Tim Family Holding (BVB: CFH) shares will start trading on the Bucharest Stock Exchange on November 26, following one of the most heavily oversubscribed initial public offerings ever conducted on the local market for retail investors, Ziarul Financiar reported.  The listing follows a RON...

Banca Transilvania prepares bond issue denominated in euros with 7.625% coupon

Banca Transilvania (BVB: TLV) is preparing to launch a new Additional Tier 1 (AT1) bond issue, denominated in euros, with an indicative coupon of 7.625% (semiannual payment), according to Bloomberg information consulted by Economedia.ro. The instrument is a EUR Benchmark Perpetual...

BCR raises EUR 500 mln with second foreign-currency bond issue

Banca Comercială Română (BCR, part of Erste Bank Group) raised EUR 500 million through its second Eurobond issue, strengthening its access to international capital markets. The issuance follows a local bond sale earlier this month and forms part of the bank’s broader funding strategy. BCR stated that the transaction secured “one of the most competitive […]