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.
Autonom Services, a mobility services company with bonds listed at the Bucharest Exchange, has entered into a credit facility agreement with a total value of EUR 300 million, with an option to subsequently increase the facility by up to EUR 50 million. The financing was attracted from a syndicate of banks that included Banca Transilvania, […]
The transaction between E.ON and the Hungarian company MVM regarding the assets of the former company in Romania was blocked by the Supreme Council for National Defence, former energy minister Sebastian Burduja announced on his Facebook page, cited by Bursa.ro. The decision was reportedly...
KMGI, which owns the Petromidia and Vega refineries in Romania, is operating normally, and no decision is currently being made on the privatisation of the holding, the press service of Kazakhstan's national oil and gas company KazMunayGas, which owns KMGI, said on November 25, as cited by Agerpres. ...
Three bidders, from Romania, the European Union, and the United States, are interested in buying the local assets of Russian group Lukoil, which include a medium-sized refinery, a filling station chain, and an offshore gas perimeter under exploration, Romanian minister of energy Bogdan Ivan announced, according to
The European Commission, under the Semester Package published on November 25, included Romania among the 19 of the 27 EU countries with compliant fiscal developments and prospects, based on the Report on action taken, submitted by the Romanian authorities on October 16. For nine Member States, including Romania, the Excessive Deficit Procedure (EDP) is held in abeyance, […]
West Side Christmas Market, the winter fair created by Untold Universe in partnership with Bucharest’s District 6 City Hall, will reopen on November 28 with an expanded program of concerts and holiday entertainment in Drumul Taberei Park. The fair, which runs until December 27, promises a larger, more immersive experience this year. The official opening […]
