Prime Minister Nicolae Ciuca and Gallina A. Vincelette, the World Bank's Country Director for the European Union, have agreed to further talks between the government and the World Bank on issues of major interest to our country, such as education and health, energy, measures for the integration of refugees, relocation of companies from the areas affected by the conflict.According to a Government press release, during the meeting with the WB Director for the EU at Victoria Palace of Government, the Prime Minister underlined the need to address in an integrated way the financial instruments available to Romania during this period, as well as the need to coordinate efforts with European and international institutions."We are committed to implementing the necessary reforms for our citizens and our economy, using the available financial resources. Our government program grants special attention to recovering development gaps between regions. In this regard, we use public resources, but we also encourage private investors to invest in areas that have a strong development potential," Ciuca stated.At the same time, the head of the Executive presented the Government's plan for achieving energy independence, through the development of renewable energy production capacities or through nuclear reactors, as well as the diversification of gas exploitation or transportation capacities.With regard to food security, the Prime Minister pointed out that Romania is among the European countries with an agricultural production with the potential to cover other markets as well."In this regard, the Government will launch a program to develop the capacity to process and store agricultural products, in order to generate added value and be able to offer solutions to other countries as well," reads the release.In its turn, the World Bank delegation expressed its readiness to come to the aid of Romania with expertise, specialists and financing programs.
The second stage of the international Grand Chess Tour, one of the most important chess tournaments in the world, will take place in Bucharest from May 7 to May 16. The first stage of will take place in Warsaw, Poland. However, the event’s opening will take place on May 6. In addition to these two, […]
Voxxed Days Bucharest 2025 concluded the 2025 edition on 27th March, after two days of successful workshops and conferences. "I'm grateful we managed to bring together 300 developers and tech team leaders again this year, in a conference dedicated to a passionate developer community. It was a significantly bigger effort than in previous years, given […]
Romania’s civil shelters, which are to be used to protect people in the event of armed conflict, are few, unsanitary, and largely obsolete in terms of equipment, according to a report by the Court of Accounts. The audit conducted by the Court of Accounts on the situation of civil...
The organizers of music festivals Untold and Neversea have signed an agreement with the Bucharest City Hall to organize a "mega-festival" in the capital this year. The large-scale project is set for a pilot edition this year, with plans to have it "grow year by year." It will take place at Arena Naţională. The talks […]
Around 61% of Romanians say they have been the target of online fraud attempts, the most common consequences being the infection of the device with malware or viruses (42%) and the loss of money (30%), according to the latest study conducted by Reveal Marketing Research. Of those who have been targeted, 39% have experienced such […]
Showpad, active in AI-driven revenue enablement technology, announced the official launch of its Research and Development center in Bucharest. With headquarters in Ghent (Belgium) and Chicago (US), Showpad is "strategically positioning its new R&D center to tap into the rich talent pool and burgeoning technology ecosystem of Romania." It also underscores Showpad's dedication to accelerating […]
