Prime Minister Marcel Ciolacu urged on Thursday independent Victor Ponta to bow out of the presidential race after the latter revealed that in 2014, as prime minister, he had agreed "to flood Romanian villages in order to save foreign cities.""To calmly admit - years on - that you, as Romania's prime minister, agreed to flood Romanian villages in order to save foreign cities and to boast that, as a reward you received the citizenship of another state, clearly shows that playing sovereignism has gone awry! Whatever excuse you invoke, every citizen of this country expects an official - whether president, prime minister or anything else - to defend their own country and fellow citizens! Under no circumstances would anyone believe you are a sovereignist and that you are going all the way for your people and country! Victor, at least make a wise decision now! Withdraw from the race," Ciolacu wrote on Facebook."Redeem yourself at least in the twelfth hour for the huge mistake you made back then! At least now, truly put Romania first," said Marcel Ciolacu.Victor Ponta told a podcast on Wednesday that he received Serbian citizenship for having "overridden in 2014 other Romanian authorities and ordered the opening of the Portile de Fier dam sluice gates to prevent Belgrade from getting flooded."On Thursday he wrote on Facebook that the biggest floods in Europe in the last 120 years occurred in 2014, causing victims and huge destruction, and that Romania, as a good neighbor, helped the countries in danger.
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The wooden church from the village of Oncești, one of the oldest monuments in the heritage of the Maramureș Village Museum “Mihai Dăncuș” in Sighetu Marmației, has been restored. The church has now returned to the tourist circuit through the support provided by the US Ambassadors Fund for Cultural Preservation, in a project coordinated by […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
