President Klaus Iohannis received on Monday, at the Cotroceni Palace, the Prime Minister of State of Baden-Wurttemberg, Winfried Kretschmann, in a context in which the latter expressed his firm support for the fastest possible accession of Romania to the Schengen area with land borders, "which will contribute to ensuring the growth of economic exchanges", reports the Presidential Administration.The two high officials expressed support for the development of cooperation in the political, economic, cultural, social and educational fields, including the expansion of successful projects regarding dual professional education. The emphasis was also placed on the development opportunities of investments from Baden-Wurttemberg in the Romanian economy and on the continuation of cooperation within the framework offered by the EU Strategy for the Danube region.Also emphasized was the "essential role" played by the German minority in Romania and the Romanians who settled in Germany for the consolidation of relations and cooperation, including at the social and economic level.Klaus Iohannis appreciated the signing of the "Joint Declaration of Intent on cooperation between Romania and the state of Baden-Wurttemberg" by the Prime Minister of Romania and the Prime Minister of the state of Baden-Wurttemberg, a declaration that contributes to the strengthening of sectoral relations and facilitates the expansion of bilateral cooperation in various fields, including the identification of joint projects in support of the Republic of Moldova, within the scope of the activities of the Romania-Baden-Wurttemberg Joint Governmental Commission.At the same time, the Romanian head of state highlighted the importance of continuing economic support and the European path of the Republic of Moldova, which is one of the countries very affected by the consequences of Russia's war of aggression against Ukraine.Iohannis and Prime Minister Winfried Kretschmann also addressed the security situation, emphasizing Romania's and Germany's decision to continue supporting Ukraine's defense, as well as its European perspective.European developments were also discussed, from the perspective of the results of the elections for the European Parliament and the formation of the new European Commission. The desire was emphasized that, through the closer cooperation of the member states and the streamlining of procedures, the European Union better responds both to the need to ensure European competitiveness on a global scale, and to the current needs and fears of citizens, in order to defend democracy and the project European in the face of the growing influence of populist-extremist forces.
The multimedia exhibition Aici Se Vede Jazz (Here You Can See Jazz), set to open at SAC Berthelot in Bucharest, explores how jazz found its way in the pre-1990 Bucharest and “the contemporary ways to listen, visualize, perform and relate artistically to its world of sounds and ideas.” Bucharest had improvised studios, rehearsals with the […]
Aon Romania, part of the global group Aon plc, draws attention to the urgent need for structured solutions to protect trade receivables in an economic context characterized by high volatility and geopolitical uncertainty. The subject was central to the discussions at TRADE CREDIT TALKS - Receivable Protection in the Age of Volatility, where business leaders […]
Bucharest’s shopping centres posted mixed financial results in 2024, with major discrepancies between the city’s largest malls and mid-sized retail centres, according to financial analysis platform RisCo.ro. The data shows contrasts in profitability and turnover, as well as significant losses among some of the capital’s biggest retail projects. AFI Cotroceni recorded the highest turnover of […]
Nearly nine in ten Romanians expect to spend less or no more than last year on Christmas shopping, according to a new survey by tbi bank that highlights the impact of rising prices on household budgets ahead of the winter holidays. The nationwide poll, conducted in October on a sample of 1,011 respondents, shows that […]
A total of 77% of homeowners who answered a survey by ING and Ipsos said they implemented measures in the past three years to improve energy efficiency. The need to save on energy bills was the main driver of household modernization, the survey showed. Most respondents (62%) said they did so to reduce energy costs, […]
The Romanian Constitutional Court (CCR) has ruled that a series of tax increases, including higher levies on housing, land, cars based on pollution norms, and stock market gains, may take effect starting January 1, 2026, Biziday.ro reported. The Court rejected a challenge filed by the opposition party AUR against the government’s fiscal reform law, on […]
