Romania's President Klaus Iohannis will participate, November 7-8, in the fifth Summit of the European Political Community (EPC) and in an informal European summit that will take place in Budapest, Hungary, the Presidential Administration reported on Wednesday.The European Political Community is an intergovernmental forum for political and strategic discussions about the future of Europe."The EPC Summit in Budapest will include a plenary session, where discussions will focus on the security challenges facing Europe, with emphasis on the situation in Ukraine, and roundtable conferences where leaders will address specific topics of shared interest, such as migration and economic security. During the debates, President Klaus Iohannis will reiterate the need for a united and firm position of the leaders regarding the security situation in the region, as well as continuation of support for Ukraine's sovereignty, independence and territorial integrity amidst Russia's war of aggression."Iohannis will also attend a roundtable conference touching on migration, where he is expected to plead for finding illegal migration management solutions at European level in the short term, but also through a more comprehensive long-term approach, which will allow greater cohesion and efficiency at European level in addressing the issue.The informal meeting of the European Council, hosted in Budapest by the Hungarian Presidency of the Council of the European Union, includes an in-depth debate on European competitiveness, a priority on the EU agenda in the coming years."EU leaders aim to adopt a political declaration on a new European pact for competitiveness to guide the work of the European institutions in the field, given the urgency to act decisively at EU level in addressing the current challenges. During the debates, the President of Romania will underline the major role of cohesion and convergence as instruments for achieving the European Union's competitiveness objectives. He will also plead for the elimination of all barriers on the single market and for the full assurance of freedom of movement on all its components," according to the Presidential Administration.
Ireland can be seen as one of the most important business hubs in Europe and the European Union, as many international companies have established regional headquarters there. If you are looking for a country to expand your enterprise, you should definitely consider Ireland for several reasons that are presented below. Location and language The first […]
Cyprus is mostly known as a tourist destination. However, there is also a business side to it, as many investors choose it to open companies because of the favorable taxation system. Apart from its low corporate tax rate, there are a few more reasons why you should choose it if you are looking for a […]
The Romanian Commercial Code provides for various types of entities that can be created by natural persons and companies, local or foreign. Each of them has its own particularities, which can give it various advantages. How do you choose among them? We will review the main types of companies and their pros to help you […]
A new alley named after Romanian diplomat Nicolae Titulescu was inaugurated on Tuesday, December 9, in Paris’s Parc Monceau during a ceremony attended by Romania’s president Nicușor Dan and Paris mayor Anne Hidalgo. “I expressed my appreciation for the decision to name an alley in the beautiful Parc Monceau in Paris after the great Romanian […]
Oxygen Resort, a development located in central Romania’s Harghita county, has inaugurated its first bungalows. The first 18 bungalows are already functional, with another 17 units to be completed in the next stage, bringing the total to 35. The inauguration of the bungalows “marks the transition from a center dedicated predominantly to recreational activities to […]
Romania carried out a new medical evacuation mission for civilians from Gaza on Monday, December 8, transporting eight Palestinian patients and 29 accompanying relatives to Bucharest for treatment, according to the Department for Emergency Situations (DSU). The patients were evacuated aboard a Romanian Air Force C-130 Hercules aircraft after lacking access to adequate medical care. […]
