The Commission has granted €2 billion to Italy, Spain, Luxembourg and Romania following the modification of two European Regional Development Fund, one European Social Fund (ESF) and one Fund for European Aid to the Most Deprived Operational Programmes (OP) under the Recovery Assistance for Cohesion and the Territories in Europe (REACT-EU). In Italy, the national OP ‘Governance and Institutional Capacity' will receive a total of €1.2 billion. Of this sum, €761 million will go towards buying 68 million doses of vaccines against the coronavirus. In the Southern regions, authorities will use €374 million to hire new public healthcare workers and cover the costs of extra hours worked by workers currently in the system. €108 million will help strengthen the administrative capacity of national and regional authorities, including in the healthcare system. In Spain, ‘Comunidad Valenciana' will receive additional resources of €690 million to provide, amongst others, working capital to the most affected Small and Medium-sized Enterprises, and to reinforce health, social services and investments in basic infrastructure for citizens, including in the health and education sectors. Luxembourg will receive €69 million to support large-scale coronavirus testing and the acquisition of vaccines, and investments in sustainability such as the electrification of the national bus network. In Romania, €56 million will be invested to provide material support for disadvantaged groups, such as hot meals, assistance to disadvantaged children with school supplies and to disadvantaged mothers with essential kits for their newborn babies. REACT-EU is part of NextGenerationEU and provides €50.6 billion additional funding (in current prices) over the course of 2021 and 2022 to Cohesion Policy programmes.
Baby Shower Bouquets: Brighten Romania’s Family Moments Romania’s love for family and community shines through in celebrations like baby showers, where friends and loved ones gather to welcome a new life. Flowers are a perfect way to add warmth and joy to these moments, making them unforgettable. You can send baby shower bouquets to a […]
Carfix, the SaaS platform that interconnects insurers, brokers, auto repair shops, dealers, leasing companies, and end-users into a 100% online ecosystem, announces the closing of a strategic €1.25 million investment from Catalyst Romania, one of the most prominent Venture Capital funds in the region. Carfix develops digital solutions for complete claims management, automatic cost estimates, […]
Roughly half of Romanians used AI to compare products or services before making a purchase, according to “The eCommerce X-ray in Romania” study by easySales. According to the study, which dissects consumer habits, 51.5% of Romanians have used and found ChatGPT or another AI tool useful to compare products or services before online purchases. Around […]
The president of Romania, Nicușor Dan, announced on X that he welcomes the peace plan presented by US leader Donald Trump for Gaza, which he considers "a real opportunity" to stop the war and facilitate the release of hostages and the provision of humanitarian aid in the region. In the same message, the head of […]
A new chapter begins at Grand Hotel Bucharest as Corso Brasserie reopens with a fresh Italian spirit. Overlooking the vibrant Nicolae Bălcescu Boulevard, the beloved boulevard restaurant has been reimagined as a place where authentic flavors, warm hospitality, and the easy elegance of a trattoria come together. A journey of authentic Italian taste The new […]
The Romanian Army restarted a large-scale acquisitions program targeting US-made vehicles, weapons, ammunition, equipment, simulators, and training. The total value of the acquisitions exceeds USD 8 billion, Profit.ro reported. The program was initiated in 2023, when...
