The executive approved, on Thursday, through a draft law, the ratification of the intergovernmental agreement between Romania and the Kingdom of Morocco regarding cooperation in the military and technical field, signed in Rabat on February 27, 2024.According to a press release from the Government, the agreement aims to promote cooperation in the field of defense between Romania and the Kingdom of Morocco, in areas such as the defense industry, technical support, maintenance and modernization of the supplied products, military education and training, logistical support, cyber security, military medicine, legislation and military history.The document is in accordance with the Romanian legislation and with the obligations and commitments assumed by other international documents, the press release points out."The Kingdom of Morocco is a solid partner of the European Union in the southern vicinity of the Mediterranean Sea, being a factor of stability in North Africa, with an important role in the Arab world, in the context in which it actively campaigns for the peaceful resolution of international crises, for the promotion of tolerance, the prevention of violent extremism, fight against illegal migration and terrorism," the press release mentions.
Romania’s National Company for Road Infrastructure Administration (CNAIR) has announced plans to equip highways A1, A2, and A3, as well as national road DN1 with surveillance cameras, with the investment valued at RON 220 million (EUR 44.2 million) excluding VAT. The cameras will allow authorities to penalize drivers who exceed speed limits and detect other […]
Accor, a global leader in hospitality, proudly announces the opening of Swissôtel Poiana Brașov, introducing the Swissôtel brand to Romania for the first time. Located in the heart of Poiana Brașov, Romania’s most popular ski resort, the hotel is surrounded by the lush landscapes of the Postăvarul Massif, making it an ideal escape for skiers, […]
Romanian MEP Siegfried Mureșan (EPP/PNL) has been appointed by the political groups of the European Parliament as the chief negotiator for the future Multiannual Financial Framework (MFF) of the European Union post-2027. Mureșan, who was chief negotiator for the EUR 800 billion European Recovery and Resilience Mechanism and the 2018 and 2024 EU annual budgets, […]
Romania is failing to capitalize on strong positive private consumption and investments because of rising imports, which weigh visibly on economic growth, ING Bank analysts wrote in a note as they lowered their 2024 growth forecast from 2.0% to 1.3% on Friday, September 6. The detailed economic...
Romanian prime minister Marcel Ciolacu had a meeting with Israeli counterpart Benjamin Netanyahu in Jerusalem on Thursday, September 5. During the meeting, Ciolacu highlighted the importance of peace in the Middle East. The Romanian and Israeli prime ministers discussed economic cooperation projects, focusing on the defense industry, tourism, and Romania's agri-food exports. "We have dynamic […]
Romania’s gross domestic product (GDP) increased by 0.8% in the second quarter of 2024 compared with the same quarter of last year, based on both unadjusted data series and seasonally adjusted data series, the National Statistics Office (INS) announced on Friday, September 6. For the first half of 2024, Romania’s GDP recorded an annual growth […]
